In this episode of The Peter Schiff Show:
-Fed triples its estimated duration of transitory inflation.
-Republicans have no credibility to criticize government spending and money printing.
-Fed vows to make the rich richer and the poor poorer by focusing on employment rather than inflation.
-Jerome Powell refuses to acknowledge whether being paid more to not work discourages employment.
-Republicans won’t put blame on the Fed, because they benefit more from blaming the Democrats.
-Maxine Waters praises Jerome Powell on his irresponsible leadership.