Dr. Peter Navarro: We Must Break Apart The Fed

Economist Peter Navarro talks to host Steve Bannon about the collapsing U.S. economy.

“The top-line here is that the Atlanta Fed came out with a stunning forecast… that GDP in Q2 is gonna be minus 2.1. To put that in perspective, that’s close to what we saw in the 1973-74 recession as well as in 81-82. … We’re seeing now a significant decrease in consumer confidence, in consumer spending, because real purchasing power is being eroded by inflation…”