SchiffRadio Podcast Episode 21

The Peter Schiff ShowEpisode 21: BoJ Seems to relieve Consumers’ Struggle
With Rising Prices by Creating More Inflation

  • Investors & Economists shocked to learn that Japan is officially in recession
  • Instead of a 2.1 rebound, there were back to back declines – a huge miss.
  • Economists cry “More Stimulus!”
  • Abe admits rising prices hurt the economy, contrary to inflation “Goal”
  • The theory that rising prices stimulate the economy is proving wrong in Japan, Russia and the U.S.