Damn the Recession, Rate Hikes Ahead – Ep 831

· Treasury yields surge.
· Fed forgets about inflation averaging.
· Households take on all time record debt.
· Nominal wages are going up, but real wages are collapsing.
· China can do more damage to our economy without harming Nancy Pelosi.
· Buy gold before the Chinese beat you to it.

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Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast.

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