Peter Schiff: Powell’s Fed and Buythem’s ongoing, burgeoning federal government deficits at cross purposes. Powell lacks courage, integrity to call Buythem out for defeating Fed anti-inflation efforts

Posted by bubah1mau 9 months, 4 weeks ago to Economics
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Schiff: Powell droning on Friday at Jackson Hole about commitment to “2%” is bull if he can’t persuade Buythem to stop “green energy” and other phony “infrastructure” spending in excess of collectible revenues.

Even Buythem’s new “SAVE” program to pause student loan repayments and freeze interest accrual just leaves more cash in hands of those committed to undiminished spending.
SOURCE URL: https://www.zerohedge.com/markets/peter-schiff-jerome-powells-jackson-hole-speech-was-full-holes


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