Peter Schiff: Inflation Is Exploding & Leaving U.S. Economy Sitting On A Time Bomb

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Peter Schiff talks about rising inflation, painful cost of living, wiped out middle class.

Peter Schiff is the CEO of Euro Pacific Capital Inc, financial commentator, and radio personality. In August 2006, the stockbroker Declared: “The United States is like the Titanic and I am here with the lifeboat trying to get people to leave the ship … I see a real financial crisis coming for the United States.” In later debates, he predicted crashing real estate prices in 2007 and a looming credit crunch.

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