Powell’s detachment from fiscal policy is astounding. Ignoring exploding deficits while raising rates is a recipe for disaster. The Fed’s role is to be the voice of reason, reining in reckless spending. It’s like a doctor ignoring symptoms and prescribing blindly. None of this adds up.
This clip is from Episode 926 of The Peter Schiff Show. To listen to the full episode, visit
SchiffRadio.com
#economy #monetary #fiscal #policy #powell #inflation