
Powell Admits Soft Landing May Be Bumpy – Ep 811
The Peter Schiff Show Podcast
00:00
The Fed Did Its Job, It Slowed It Down Too Much
This is this cansian myth that inflation comes from economic growth. As i already explained earlier in this podcast, economic growth brings prices down. It can offset the effects of inflation, because a growing nomy produces more stuff. So you never want to slow down real economic growth, not if your goal is lower prices. No what powe is talking about when he says, slow down the economy, slow down growth. He's talking about spending. That is the problem. And where are they getting that money? They're getting it from the fetder reserve. But powl can't talk about slowing down the spending without acknowledging the source of the money. It's coming from government. It
Transcript
Play full episode