Friday, December 17, 2021

Worst Inflation in US History Is About to Get Much Worse!


Peter Schiff and Tucker Carlson discuss how 2021 real inflation rate was the worst in US history and why it's about to get much worse. Housing prices are soaring, production is tanking, energy prices are surging, and the cost of living is far outpacing wage growth.

Peter Schiff: A Fed Policy Error That Will Live In Infamy


Markets recover most all of their Black Friday losses. Fed can’t fight inflation without deflating inflated economic bubble. Data shows biggest drop in productivity in 62 years. 

Consumer prices are headed much higher. Real wages are headed much lower. Bitcoin is a lousy store of value in terms of Ethereum. 

Americans made real sacrifices during World War 2, not during the war on Covid. US would have to fund a war with China by borrowing money from China.

- Source, Peter Schiff