Peter Schiff, CEO and chief global strategist for Euro Pacific Capital, is sounding the alarm bells once again. In a recent interview on Fox Business, Schiff warned that as long as the Federal Reserve keeps bluffing that it’s going to raise interest rates, its easy money policies have only delayed an inevitable financial collapse.
He went so far to say that there will be a stock market crash if Fed Chair Janet Yellen continues to pretend that the economy is in good shape by raising interest rates.
The mainstream media continues to spread propaganda claiming that an economic recovery is underway in the United States. Peter Schiff joins Stefan Molyneux to discuss the current Federal Reserve policy, Janet Yellen's recent testimony, high black unemployment, the future of the China's economy, decades of stagflation in Japan, the fall of Puerto Rico, Brazil's economic death-spiral, plunging oil markets, using Gold to hedge against inflation and the future of the world economy.
Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, the host of the Peter Schiff Show Podcast, the CEO of Euro Pacific Capital and the Chairmain of Schiff Gold.
The CEO of Euro Pacific Capital discusses how Wall Street is coping with another day of falling oil prices. Plus, the news that on top of its other financial woes, a new Gallup poll shows Americans tend to be optimistic about their finances.