Peter Schiff: The growth in money supply is not in line with the Federal Reserve inflation target

According to Peter Schiff, in the first two months of Walsh ' s presidency of the Federal Reserve, the supply of M2 currency grew by about 0.9 per cent, and the annual rate of increase was close to 6 per cent. He noted that the correct definition of inflation was the expansion of the money supply, which was the result of higher prices. According to Shiv, the 6 per cent currency inflation rate is clearly inconsistent with the 2 per cent CPI target set by the Fed。