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Fed Finally Launches the Taper, Now What? – Ep 747

The Peter Schiff Show Podcast
The Peter Schiff Show Podcast
Episode • Nov 4, 2021 • 55m






* Markets blessed Fed’s decision to begin tapering.

* Jerome Powell says economy is healthy, but requires monetary policy of an economy in crisis.

* Full employment is subjective and rarely achieved.

* Powellnomics: It’s inappropriate to have interest rates above 0% in an economy that’s not at 100% employment.

* Fed knows the economy is hanging by a threads, and that thread is 0% interest rates.

* It doesn’t matter who the President of the United States is. What matters is who runs the Federal Reserve.

* Dollar falling may be investors buying the rumor and selling the news.

* No bad news in sight for gold, and no good news in sight for the dollar.

* Don’t pick up pennies in front of steam rollers.

* Zillow’s moronic house flipping business model caves.

* Don’t confuse brains for a bull market or a bubble.

* Taper is fully priced into gold and silver market.

* Don’t jump onto a moving train; get on it before it leaves the station.











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The Peter Schiff Show Podcast • Fed Finally Launches the Taper, Now What? – Ep 747 • Listen on Fountain