* 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.
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Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast. The podcast focuses on weekly economic data analysis and unbiased coverage of financial news, both in the U.S. and global markets. As entertaining as he is informative, Peter packs decades of brilliant insight into every news item. Join the thousands of fans who have benefited from Peter's commitment to getting the real story out to the world.