Peter Schiff: The Fed has surrendered the inflation fight

By Herman James / March 17, 2023 / marketsanity.com / Article Link

Peter Schiff - Twitter, Released on 3/17/23

As I warned for years the only way the #Fed can come close to achieving its 2% #inflation target is to allow a worse financial crisis than 2008 to run its natural course, with no bailouts for banks or their customers. The Fed chose bailouts and surrendered the inflation fight.

- Peter Schiff (@PeterSchiff) March 17, 2023

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He's also the author of the bestselling books: Crash Proof 2.0, The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America's Coming Bankruptcy - How to Save Yourself and Your Country.

Peter Schiff: The Fed has surrendered the inflation fight added by Herman James on 03/18/2023View all posts by Herman James ?+'

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