The dollar’s downfall is a stark reminder of the Fed’s paradoxical inflation battle. Markets, thinking the Fed is winning, are ditching dollars - the very thing they clung to during high inflation. It’s ironic: the dollar’s strength, instrumental in lowering CPI, is now its weakness. The Fed’s so-called ‘victory’ over inflation signals no more hikes, leading to a weaker dollar and potentially more rate cuts. This weakness could reignite commodity prices, undoing any progress made. The reality? It’s a no-win scenario. Stop fighting inflation, it strengthens. Continue hiking rates, and we risk another financial crisis. This isn’t just a battle lost; it’s an inflation war we can’t win. This clip is from Episode 931 of The Peter Schiff Show. To listen to the full episode, visit SchiffRadio.com #inflation #fed #unitedstates #economy #american #dollar #usd #markets #cpi #strength #weakness #battle #rates