ECB’s Inflation Fight May Knock Out the Dollar – Ep 839
The Peter Schiff Show Podcast
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Is the Fet Really the Enemy of the Public?
POWELL: The fete is the enemy of the public, not its friend. He says there are two clear reasons why inflation did not appear to be a problem over these past 20 years. One, we lied about it and made it look like it was a lot less than it really was., he says. Another factor has been increasing global productivity, particularly coming out of asia,. that was able to temporarily offset the consequences of all the inflation being created by the fetter reserve - Powell.
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