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The Fed is combating the "inflation fire" with a "squirt gun" of a 25 basis-point walk, which is not nearly enough, according to Peter Schiff, Chief Economic Expert and Global Planner of Euro Pacific Funding.
Follow David Lin on Twitter: @davidlin_TV ()
Comply With Kitco Information on Twitter: @KitcoNewsNOW ()
Follow Peter Schiff on Twitter: @PeterSchiff ()
0:00 – Federal government is under-reporting CPI
7:09 – Quantitative alleviating as well as inflation
10:00 – Are markets pricing in inflation?
13:30 – Exactly how can the Fed battle inflation?
21:40 – Rising cost of living projection
23:35 – Inflation hedge
27:00 – Investment ramifications
29:10 – Result of war in Ukraine
#inflation #UkraineRussia #investing
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Peter Schiff: Fed’s real inflation weapon will crash markets; Fake CPI is only getting higher
The Fed is fighting the "inflation fire" with a "squirt gun" of a 25 basis-point hike, which is not enough, according to Peter Schiff, Chief Economist and Global Strategist of Euro Pacific Capital.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Peter Schiff on Twitter: @PeterSchiff (https://twitter.com/PeterSchiff)
0:00 - Government is under-reporting CPI
7:09 - Quantitative easing and inflation
10:00 - Are markets pricing in inflation?
13:30 - How can the Fed fight inflation?
21:40 - Inflation forecast
23:35 - Inflation hedge
27:00 - Investment implications
29:10 - Outcome of war in Ukraine
#inflation #UkraineRussia #investing
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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