Fed’s Credibility Is Transitory, Not Inflation – Ep 750

The Peter Schiff Show Podcast

* CPI data heavily contradicts Fed’s transitory inflation narrative.
* Reagan was more popular during a recession than Biden is during this “booming” economy.
* The government has too much money on the line not to lie about inflation.
* Media’s bias taints their inflation reporting.
* Federal Reserve can print money, but they can’t print stuff.
* Biden’s Build Back Better plan would have even Keynes rolling in his grave.
* Biden considers releasing US strategic oil reserves to China.
* Consumer sentiment plunges.
* Gold price surges.
* Fed won’t try to fight inflation because it will reveal their weak position.
* Fed’s policy: Speak loudly when you have no stick.
* Falling dollar will be the next domino to fall.
* Record number of Americans tell their employer to take job and shove it.
* Bitcoin whales conning institutions and bribing politicians.
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