Press "Enter" to skip to content

Fed’s Inflation Efforts ‘Likely to End Disastrously’ Says Pomp

Morgan Creek’s Anthony “Pomp” Pompliano says the Federal Reserve’s attempts to control inflation are likely to end in disaster — which will benefit Bitcoin.

The Fed is currently completing an annual policy review and reportedly considering a plan to not raise interest rates until inflation hits 2%. In a Aug. 5 letter to subscribers titled The Wizards of The Federal Reserve Pomp said the Fed’s efforts to ramp up inflation has put it “on a path that could end disastrously.”

Continue Reading on Coin Telegraph

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *