Thursday, September 16, 2021

Peter Schiff: Tapering the Taper Talk


I mistakenly said the Fed only lowered interest rates to 1% following the 2008 financial crisis, when it was after the Dot com bubble burst that the Fed stopped at zero. 

1% was the rate that inflated the financial bubble. Rates went to zero for the first time following during the financial crisis.

- Source, Peter Schiff