Peter Schiff: A Fed Policy Error That Will Live In Infamy

YouTube/PeterSchiff, Released on 12/7/21

  • Markets recover most all of their Black Friday losses.
  • Fed can’t fight inflation without deflating inflated economic bubble.
  • Data shows biggest drop in productivity in 62 years.
  • Consumer prices are headed much higher.
  • Real wages are headed much lower.
  • Bitcoin is a lousy store of value in terms of Ethereum.
  • Americans made real sacrifices during World War 2, not during the war on Covid.
  • US would have to fund a war with China by borrowing money from China.

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron’s, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He’s also the author of the bestselling books: Crash Proof 2.0, The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America’s Coming Bankruptcy – How to Save Yourself and Your Country.

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