Schiff: Soaring Inflation Suppresses Consumer Confidence

YouTube/PeterSchiff, Released on 10/16/21

  • Markets turn risk on.
  • Producer prices rise to levels not seen since peak #inflation of the 1970s.
  • Inflation is double the Fed’s benchmark now and will be triple by year end.
  • Bitcoin rallies on ETF news, but will likely sell off on ETF launch.
  • Putting profits first is putting people first.
  • The Art Institute of Chicago fires their volunteer staff for the color of their skin.

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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