With the Fed looking the other way, Americans should brace for a long bout of inflation

MarketWatch/Peter Morici/2-23-2022

“Biden’s Fed nominees are committed to social justice, not to fighting for a sound dollar … With working Americans abused by the toughest inflation in 40 years, President Joe Biden is stacking the deck against sane monetary policies with his choices for the Federal Reserve Board of Governors.”

USAGOLD note: If you think the Fed is dovish, just wait …… Soon there will be a flock of doves seated around the Fed’s meeting table.