Friday, July 9, 2021

Political Hypocrisy on Inflation Lets Fed Escape Blame


Fed triples its estimated duration of transitory inflation. 

Republicans have no credibility to criticize government spending and money printing. 

Fed vows to make the rich richer and the poor poorer by focusing on employment rather than inflation. 

Jerome Powell refuses to acknowledge whether being paid more to not work discourages employment.

- Source, Peter Schiff