* Poland became the 21st country to lower interest rates this year
* New record low to 1.5%
* Polish economy is strongest in three years
* Growing faster than the U.S. economy
* Policy conundrum: what is inflation target?
* Low inflation stimulating Polish economy
* Yet Central Bankers look to illogical Keynesian textbooks
* Where is the evidence that deflation is undermining the economy?
* There is no magical point where a good thing becomes a bad thing
* If they overcompensate and weaken the economy, they will be raising interest rates on an already weak economy
* Poland could afford to raise rates, however, if this policy fails, because their debt is low
* U.S. debt is so high, we can't afford to raise rates in order to support the dollar
* When inflation picks up in the world and other central banks raise rates, the dollar will decline
* The Fed will be unable to curb inflation because we can't afford to service our debt
* Ultimately this will precipitate a currency crisis when it becomes apparent that the Fed has run out of optionsOur Sponsors:* Check out Aeropress and use my code GOLD for a great deal: https://aeropress.com* Check out Boll & Branch: https://boilandbranch.com/SCHIFF* Check out Boll & Branch: https://boilandbranch.com/SCHIFF* Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD* Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.comPrivacy & Opt-Out: https://redcircle.com/privacy

Ver todos los episodios