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Government Worsens Every Problem It Tries to Solve - Ep 868

The Peter Schiff Show Podcast

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Do You Think Google Is a Monopoly on Search Engines?

The year over year increase is more than double the Fed's supposed 2% target we came in at 4.4 but because the number is closer to 2% than it had been in the past even though it's miles away the markets are still looking at this as a positive number. But in reality it confirms that the Fed is nowhere near victory when it comes to the inflation fight and that's because it hasn't nearly increased interest rates enough to put out this inflation fire. More importantly the federal government hasn't cut spending at all. In fact it's increased government spending so the inflationary forces that underlie the economy are actually getting stronger not getting weaker.

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