Schiff: Powell Finally Admits Inflation Isn’t Transitory

YouTube/PeterSchiff, Released on 12/1/21

  • Dow down over 1300 points in 2 days over Omicron variant concerns.
  • Bubble market found its pin.
  • Jerome Powell is essentially a member of the Biden administration.
  • The only tools the Fed has left will destroy the bubble economy if they use them.
  • Jerome Powell lies about the credit worthiness of the US.
  • Ray Dalio says the only thing the Fed will successfully raise will be prices.
  • Build Back better targets the middle class with new bank account monitoring.

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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