Saturday, September 11, 2021

Peter Schiff: Less Loose Is Not Tight


Fed will talk about tapering until it can use Delta as an excuse not to. Bitcoin is irrelevant to monetary policy. 

Accepting Bitcoin for mortgage payments is a publicity stunt, not a use case. 

Fed uses owner’s equivalent rent data to hide the scarier actual rent data. FDR may have killed the dollar, but Nixon helped bury it.

- Source, Peter Schiff