The vast majority of Americans continue to suffer as a result of Fed policy, and they will suffer even more in the future. James Bullard, president of the Federal Reserve Bank of St. Louis, admits that it doesn't look like we'll be going back down to 2% inflation anytime soon so we just better get used to higher inflation being with us for a long time. We have to deal with it. This week on Retirement Lifestyle Advocates radio, your host Dennis Tubbergen talks with Peter Schiff about Fed policy, inflation, and what we can expect in the coming months.
Peter Schiff is an internationally recognized economist specializing in foreign equity, currency, and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences and is quoted often in the print media, including the Wall Street Journal, New York Times, L.A. Times, Barron's, BusinessWeek, Time, and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He is also the author of the bestselling books: “The Real Crash”, "Crash Proof," "The Little Book of Bull Moves in Bear Markets," and "Crash Proof 2.0”.