
The Fed Has Already Lost the Inflation Fight – Ep 807
The Peter Schiff Show Podcast
00:00
The Fed Created the Two Thousand Eight Financial Crisis by Keeping Interust Rates Artificially Low
The fed created the two thousand a financial crisis by keeping interust rates artificially low. Then when we had the crisis, they swept it under a rug of inflation. The crisis that we're headed for is going to be much worse than the one they covered up with inflation. It would have been much better had we dealt with the pain back then. With the help of the fed, all we did is blow an even bigger bubble than the one that popped in two thousand and eight. And now we're dealing with the consequence. They craded these problems, and now we're going to have to suffer the consequences of their incompetence.
Transcript
Play full episode