Thursday , January 27 2022
Home / Video / Peter Schiff got one thing right.

Peter Schiff got one thing right.

Summary:
In a recent tweet Schiff says higher rates by the Fed will fuel inflation. This is a reversal of his long-held stance that low rates (i.e. "cheap money") fueled inflation.

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Eric Kramer writes Are progressives responsible for the Democrats’ political troubles?

NewDealdemocrat writes A historical note on US Treasury interest rates and stock prices

run75441 writes Oil Prices 7 Year High; Draw from Natural Gas Supply Largest Since Winter Storm

Michael Smith writes Farm in a Square, Harvest in a Circle

In a recent tweet Schiff says higher rates by the Fed will fuel inflation. This is a reversal of his long-held stance that low rates (i.e. "cheap money") fueled inflation.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *