Greg Hunter – Money manager and economist Peter Schiff says the markets think the Federal Reserve can win the fight on inflation by raising interest rates. Look at the falling stock market, and many people are getting increasingly nervous that something is going to break.
Schiff explains, “The Fed is in the same predicament now, only worse, because it’s a much bigger bubble than the one we had in 2008 or 2018. We have a lot more debt now, and the economy is less able to tolerate 5% interest rates than in 2008 and 2018.
Greg Hunter – Three-time, best-selling book author Nomi Prins says the reason why there is so much uncertainty and chaos in the global economy comes down to one simple theme, and that is a couple of decades of central bank money printing has created the biggest Ponzi scheme the world has ever seen.