Thursday, October 21, 2021

Peter Schiff: Inflation Burns While the Fed Fiddles

Peter Schiff discusses the rapidly rising inflation rates around the world in just about every consumer sector.

Meanwhile, the Federal Reserve is perfectly content to put their blinders on and ignore the reality around them. To admit any differently, would be to admit defeat, resulting in an implosion of our fragile fiat based system.

Can interest rates even be raised? If so, what would it do to our incredibly indebted society?

We truly are living in a house of cards.