
ECB’s Inflation Fight May Knock Out the Dollar – Ep 839
The Peter Schiff Show Podcast
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Powell Blames the Fed for Inflation
The fedcher jerome powell sat down to have a discussion with a representative of the cato institute, one of the more freemarket libertarian orientat think tanks here in the united states. Powell blamed inflation on public expectations that if the public expects inflation, well they're going to get inflation. Now, all this is a bunh of nonsense. The fed causes inflation, and that's why people expect it to continue. It resulted from the reckless monetary policy of the federal reserve during the 19 seventies. And it was not just the fedthat acted recklessly, but congress. Today's fed has been far more reckless than anything that happened prior to vulkar taking the
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