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US Inflation has now been above the Fed's target level for 64 consecutive months, averaging 4% per year since 2019. So why is the Fed expanding its balance sheet again (QE)? They should be doing the exact opposite - hiking rates and shrinking their balance sheet. #EndtheFed

@peterschiff·Jul 19, 2026·2 sources·negative
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The article criticizes the Federal Reserve for expanding its balance sheet while inflation has remained above target for 64 months.

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