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Video Flagged Dead

Peter Schiff Calls Fed Reserve Chief Ben Bernanke A Liar

submitted by Constitutional_Patriot

1 decade 6 years 7 months 3 weeks ago

Politics

The price of food, gas and clothes are going up because the Federal Reserve is mowing down forests to create depreciating dollars. Peter Schiff says Ben Bernanke is lying.

4 Comments

Inflation is certainly bad, but the Federal Reserve is not ignoring it. Core PCE inflation is at 2.0%, the top of the FED's comfort zone. Their recent policy statement acknowledged that inflation is becoming more of an issue, and at the last meeting two dissenting votes were cast to stop cutting interest rates too far.

I think that the Federal Reserve will stop cutting rates very soon, as the inflation hawks begin to get more worried. Its members aren't stupid, and the FED is more competent than the fiscal policy idiots who also contributed to the economic mess.

If you love the Fed so much maybe you can explain how the demise of the dollar has been predicted for years now?

Hell my housing bubble playlist is 8 months old now
http://www.videosift.com/playlists/marinara/Fear-the-great-21st-century-housing-bubble

Sorry don't want to flame here. Cheers dude.

dystopianfuturetoday

*dead

This video has been declared non-functional; embed code must be fixed within 2 days or it will be sent to the dead pool - declared dead by dystopianfuturetoday.

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