The Federal Reserve Wants More Inflation

The Federal Reserve wants more inflation. And what the Federal Reserve is saying is because they do not have room to lower interest rates very much because they are already practically at zero, the way to lower interest rates is to have more inflation so that we have lower real interest rates.

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Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.