Saturday, July 20, 2019

We’re Heading for Recession No Matter What the Fed Does With Rates


You don't cut interest rates in a booming economy, you raise them. 

Peter Schiff discusses the record highs in the market and economy claimed by Trump and the Federal Reserve, but shows they don't actually believe what they say or they wouldn't be cutting interest rates. 

Their actions suggest they realize we're actually in a record bubble, and it's about to burst.

- Source, Peter Schiff