This Is What Losing Looks Like

By Michael Maharrey of SchiffGold
Friday, October 14, 2022 4:13 PM EDT

Person Holding Blue and Clear Ballpoint Pen

Image Source: Pexels

The September Consumer Price Index (CPI) data came out on Thursday. Once again, it was “hotter than expected”, despite the Federal Reserve hiking rates by over 3% since March. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey breaks down the CPI data in the context of the Fed’s inflation fight and concludes “this is what losing looks like”.

Topics Covered

  • The CPI Data
  • Producer price data
  • The Fed did too little too late
  • The recession question
  • Market reaction to the CPI

Running Length: 00:30:25

More By This Author:

Bill Introduced In Congress To Put The US Back On A Gold Standard
The Fed Didn’t Create The Inflation Problem Last Year It Was Decades In The Making
Treasury Locks in Higher Rates for Longer Despite Exploding Interest Costs
How did you like this article? Let us know so we can better customize your reading experience.

Comments