Peter Schiff: Inflation will destroy the dollar and the economy

YouTube/PeterSchiff, Released on 8/28/20


  • Fed changes the rules for inflation target calculations.
  • Markets react to Powell’s announcement.
  • Prices go up when people aren’t working.
  • Majority of middle class will be impoverished Into lower class.
  • Gold’s resistance has become support.
  • What Trump Steaks may teach us about the Trump Economy.

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 JournalNew York TimesBarron’sBusinessWeekTime 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 2.0The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America’s Coming Bankruptcy – How to Save Yourself and Your Country.