Jerome Powell assured the nation the Fed will never run out of ammo. The problem is not the Fed running out of ammo, but the Fed's ammo running out of value. The Fed's only weapon is a printing press, and the only ammo is paper and ink. The Fed will fire until the dollar is dead.

Jerome Powell assured the nation the Fed will never run out of ammo. The problem is not the Fed running out of ammo, but the Fed's ammo running out of value. The Fed's only weapon is a printing press, and the only ammo is paper and ink. The Fed will fire until the dollar is dead.

— Peter Schiff (@PeterSchiff) March 26, 2020