The Fed Cannot Fight Inflation – Silver Doctors


All of the speak you hear is solely the Fed pretending to battle inflation…

Peter Schiff with Greg Hunter on USA Watchdog

Cash supervisor and economist Peter Schiff says all of the speak you’re listening to from the Federal Reserve is solely the Fed “pretending to battle inflation.” Schiff explains, “Every thing I predicted with inflation breaking out and the best way the Fed would react to it has come true. The subsequent factor is the Fed is now pretending it’s going to battle inflation. I say they’re pretending as a result of they don’t have any actual intention of doing it as a result of they will’t. If the Fed might battle inflation, it could have began the battle a very long time in the past. They might have acted preemptively when it was apparent it was an issue. . . . I’ve been warning about this for over a decade. Because the Fed was on this course of intentionally creating inflation, I all the time mentioned this was going to come back again and chew the Fed as a result of they have been going to let free a monster that they weren’t going to have the ability to battle, like Frankenstein. The Fed used to say we don’t care if we now have an excessive amount of inflation, we all know learn how to remedy it. Now we have the instruments, and I identified that they could have the instruments, however they ain’t going to make use of them as a result of it was like having a handgun because the device for a headache.”

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