reducing interest rates at the wrong time; Did the Federal Reserve make a mistake?

Schiff argues that when ierest rates fall but prices rise, the value of cash quickly declines and investors are forced to flock to riskier assets such as stocks, commodities and even cryptocurrencies. He calls this policy cheap money at the wrong time, which may make the markets green in the short term, but in the long run it makes inflation impossible to corol and the economy faces more complex problems.