Friday, July 23, 2021

Peter Schiff: Fed Bets the Farm on Transitory Inflation


Government data says inflation worse than the 80s; real data says inflation already worse than the 70s. 

Hypocritical Republicans criticize Biden for the same policies they pushed for under Trump. 

Jerome Powell claims economy is great, but it needs the same amount of stimulus as when it was crashing. 

Fed claims to have the tools to fight inflation if it gets too high, but not using them now proves they don’t. 

Powell admits people aren’t working because they’re being paid not to.

- Source, Peter Schiff