For years, the Fed pointed to tariffs as a major driver of inflation. But Powell just admitted that wasn’t true. Tariffs didn’t cause prices to spike — money printing and unchecked government spending did. In this episode, I break down how the Fed misled the public on inflation (again!), why blaming tariffs was a convenient cover story, and what Powell’s admission means for financial markets going forward.

0:00 Intro

0:41 The Fed admits their mistake on inflation (again)

5:15 Replacing The Fed with AI?

9:05 Gold is having its best year since 1979

10:19 Interview with Jon Najarian at the Independent Investor Summit

Watch On YouTube: https://youtu.be/jt-kh9BFtwo

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Jerome Powell Admits The Fed Was WRONG On Inflation