Peter Schiff: Tapering the Taper Talk

YouTube/PeterSchiff, Released on 8/27/21

  • Powell offers no clues on taper timetable.
  • Powell vows to keep interest rates low until QE is finished.
  • Powel blames price increases on exploding demand and lack of supply.
  • Powel blames inflation on the public’s expectations.
  • Fed’s only goal is to delay the inevitable crisis as long as possible.
  • Invest in gold stocks before they recover ground they never should have lost.
  • Afghanistan proved to the world that the US is no longer a military or economic super power.
  • America’s biggest export may soon be our used cars.

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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