Fed’s Feigned Inflation Resolve Lifts Dollar and Sinks Stocks – Ep 843
The Peter Schiff Show Podcast
00:00
Is the Fed Going to Do the Right Thing in 20 22 or 20 23?
The wrong thing was slashing rate to zero and doing quantitative easi. By doing it, it traded long term pain for some short tern gan. In fact, the fed made the same bad trade off in 20 20 at the onset of the coven crisis. Instead of allowing the economy to endure the pain of dealing with the crisis, it slashed intestrats back down to zero lonced a massive quantitative easing programme to postpone that pain. Well, now they're going to be the same predicament that they were 12 years ago and two years ago, only now they're staring at a much greater crisis with even more pain.
Transcript
Play full episode
