Tuesday, July 27, 2021

Schiff: PBS Frontline Misses the Fed's Real Power to Destroy


The power to inflate is the power to destroy. 

Fed ensures most Americans are living on the edge. 

Quantitative Easing is just another word for government debt monetization. 

We’re always just one bubble away from the next financial crisis.

Government creates a moral hazard with every subsidy it gets involved in. 

Power is most dangerous when it’s not understood by those wielding it.

- Source, Peter Schiff