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Economist Slams Federal Reserve: 'Basically Just a Big PR Firm'


Economist Slams Federal Reserve: ‘Basically Just a Big PR Firm’
Says Fed sells bad economics while trying to convince everybody that everything is great.
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Most people view the Federal Reserve as an important policying-making body driving the economy.
But in this clip from an interview with Jay Matin at Cambridge House, Peter Schiff says the Fed’s primary role is that of a marketing firm selling the populace on bad economics and trying to convince everybody that everything is great.
Peter said he thinks a large part of the Fed’s job today is public relations and spin. ....

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