The Fed Won't Get Tough on Inflation, but Real Strong Fingertips and Hang On

The Fed has no desire to be written about in history books for blowing up the entire American way of life. They pointed to a villain with Putin as being the cause of inflation when indeed that was not the cause, but an increase in the money supply always. The German Bundesbank made a huge stink of it and said, Hey, that's it. We want all of our gold sent back to us this year, send it back by 2020.