SCHIFF: The Great Reflation – Business Insider<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Peter Schiff writes: The truth is that most buyers cannot afford today’s prices without the combination of government guarantees and artificially low mortgage rates. The Federal Reserve has been conducting an unprecedented experiment in economic manipulation. By holding interest rates near zero and by actively buying more than $40 billion monthly of mortgage-backed securities and … <\/p>\n
Continue reading “SCHIFF: The Great Reflation | Business Insider”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,34],"tags":[1352,1732,2346],"class_list":["post-7823","post","type-post","status-publish","format-standard","hentry","category-economy","category-us-canada-countries-regions","tag-fed","tag-housing","tag-monetary-policy"],"yoast_head":"\nSCHIFF: The Great Reflation | Business Insider - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SCHIFF: The Great Reflation | Business Insider - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Peter Schiff writes: The truth is that most buyers cannot afford today’s prices without the combination of government guarantees and artificially low mortgage rates. 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The Committee also anticipates that inflation over the medium term likely will run at or below its 2 percent objective. To support a stronger economic recovery and to help ensure that inflation, over time, is at the rate most\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6588,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/01\/25\/visible-hand-of-the-fed-business-insider\/","url_meta":{"origin":7823,"position":1},"title":"Visible Hand Of The Fed | Business Insider","author":"Colin Twiggs","date":"January 25, 2013","format":false,"excerpt":"Lance Roberts writes: While the Fed programs that we have witnessed since the financial crisis are historically unique -- liquidity driven markets are not. We have witnessed the effects of excess liquidity in the bull market cycle prior to the 2008 financial crisis. The only difference during that cycle was\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62327,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/08\/26\/gold-rallies-as-trump-fires-feds-cook\/","url_meta":{"origin":7823,"position":2},"title":"Gold rallies as Trump fires Fed’s Cook","author":"Colin Twiggs","date":"August 26, 2025","format":false,"excerpt":"Key Points President Trump has fired Fed Governor Lisa Cook Cook has vowed to contest the dismissal The dollar weakened, and gold rallied in response to the news In an unprecedented step, President Trump announced he has fired Federal Reserve Governor Lisa Cook \"for cause,\" citing alleged misrepresentation in a\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"Dollar Index","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-26-dxy2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-26-dxy2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-26-dxy2.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":27460,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/08\/19\/bear-case-for-bonds-wolf-richter\/","url_meta":{"origin":7823,"position":3},"title":"Bear case for bonds | Wolf Richter","author":"Colin Twiggs","date":"August 19, 2021","format":false,"excerpt":"Wolf Richter gives an excellent summary of the bear case for bonds in his recent 12-minute podcast: https:\/\/youtu.be\/XmAnzW30TmI .....So now we\u2019ve got another supply shock, but much broader than the [1973] Oil Shock. This includes the semiconductor shortage which will soon complete its first year, and which is hitting all\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/XmAnzW30TmI\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":48609,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/20\/will-the-rba-cut-first\/","url_meta":{"origin":7823,"position":4},"title":"Will the RBA cut first?","author":"Colin Twiggs","date":"February 20, 2024","format":false,"excerpt":"Recent articles in Macrobusiness and the ABC suggest that the RBA is likely to cut interest rates early, ahead of the Fed. Their conclusions are based on a February 16 research note by Gareth Aird at Commbank Divergence between the Australian and US consumer which provides some excellent charts: The\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Fed Funds Rate & RBA Cash Rate","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-02-20-ffr-rba.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-02-20-ffr-rba.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-02-20-ffr-rba.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":26387,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/06\/19\/fed-spurs-decline-in-lt-treasury-yields\/","url_meta":{"origin":7823,"position":5},"title":"Fed spurs decline in LT Treasury yields","author":"Colin Twiggs","date":"June 19, 2021","format":false,"excerpt":"10-Year Treasury yields are testing the lower channel of their large flag pattern over the past 3 months. Some pundits argue that this signals the bond market is no longer concerned about inflation. The Fed was scheduled to buy $18.9 billion of Treasuries this week ending June 18th, according to\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/7823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=7823"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/7823\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=7823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=7823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=7823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}