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

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

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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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