The Fed Has No Idea How to Fight Inflation, It’s Going to Get Much Worse: Peter Schiff

The Jay Martin Show, Released on 9/2/23

Peter Schiff has some choice words for the Federal Reserve as he explains why they are making the inflation problem worse through misguided policy and political favoritism. Peter points out that the economy would be much better off without Fed intervention and reveals why he thinks their failure will ultimately lead us back to a gold standard.

00:00 Introduction
00:52 Fed Isn’t Close to Solving Inflation
05:27 Real Inflation is Much Higher
07:32 Powell’s Jackson Hole Speech
14:24 Is the Fed Engineering a Collapse?
18:48 A World Without the Fed
24:55 Thoughts on BRICS Summit
35:09 How is Peter Allocating Capital?
45:23 The Peter Schiff Show

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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