Watch Live: Fed Chair Powell Explains Why Years Of Higher Inflation Is Good For You

“Federal Reserve Chairman Jerome Powell is expected to reveal the conclusions of the central bank’s review of its monetary policy framework, and announce new measures to ‘control’ inflation – so-called “Inflation Averaging” at his annual speech on the U.S. central bank’s policy approach during the ‘Virtual’ Jackson Hole symposium this morning.”


“In other words, inflation is a hidden form of taxation. Washington understood this. Jefferson understood this. Madison understood this. And generations of preeminent economists since then—from Ludwig von Mises to F.A. Hayek, to Murray Rothbard—have understood this quite clearly.

Why Americans Are Looking for a Safe Haven from the Dollar