FAST FIVE: Peter Schiff: It's Game Over If The Markets Call The Fed's Bluff
These records are going to fall like dominoes.
They're not missing the inflation problem.
They also understand that they would create an even bigger problem, from their perspective, if they tried to do anything about it, which is why they're not, which is why they are pretending that the situation is transitory.” The mainstream understands that inflation is worse than the Fed claims.
They're sitting around scratching their heads wondering why the Fed doesn't go ahead and tighten things back up.
Peter said he doesn't think the rise in home prices is anywhere close to ending because the cost of construction continues to rise.