The Fed says inflation is “around 3%.” I say: try much higher.
With negative real interest rates, a ballooning balance sheet, and the end of quantitative tightening, the U.S. is acting less like a sound economy and more like a banana republic.
“The only difference between us and a banana republic… is the bananas.”
#PeterSchiff #Inflation #FederalReserve #BananaRepublic #InterestRates #Economy #DollarCrisis #Investing #Gold #short
