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@peterschiff
Powell’s blaming the pandemic for inflation is a smokescreen. The real culprits? The Fed, Congress, and Presidents past and present. They’ve all played a role in this mess. COVID didn’t cause inflation; it was the government’s response. They overreacted, stifled work, and flooded the market with stimulus checks. A recipe for disaster. I’ve been calling out these mistakes from day one. Remember the bond bubble of ‘80? It’s gone, and yields are soaring. We’re in a financial crisis, and Powell’s lost the plot. If he can’t see the cause, how can he fix the problem? Spoiler alert: he can’t. This clip is from Episode 926 of The Peter Schiff Show. To listen to the full episode, visit SchiffRadio.com #inflation #powell #fed #pandemic #government #stimulus

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    • pandemic
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    • inflation
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