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Peter Schiff: Financial Media Downplays Inflation Risk

YouTube/PeterSchiff, Released on 6/8/21

  • Inflation is on the rise and so is denial about it.
  • Oil prices reach their highest levels since Covid began.
  • Broken bond market and rising stock market are not evidence of low inflation.
  • Janet Yellen admits higher inflation is coming, but says it’s a good thing.
  • Global minimum tax is a big negative for the world.
  • Bitcoin 2021 cult member love fest comes to an end in Miami.
  • Michael Saylor goes into more debt desperately trying to keep Bitcoin from collapsing.
  • The world will not be following El Salvador’s economic lead.

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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