US home prices rising at fastest pace in history while affordability hits record low.
Trade deficit continues its path higher. Inflation exposed in increased export prices.
The whole of this tightening cycle will be all talk and no rate hikes.
Consumer sentiment goes lower as consumer prices go higher.
Fed in Catch-22 with consumer sentiment.
We left the gold standard 50 years and may soon leave the dollar standard.
- Source, Peter Schiff
