Peter Schiff says we are headed for the dollar crisis, and we’re on course to get there this year. Here’s the details…
Peter Schiff starts out his first podcast of 2018 with a discussion of what is going on with inflation in general, tying it into oil specifically.
Peter says that an increasing price of oil is going to act like a major tax hike on consumers in 2018. Not only that, but Peter says the Fed is still concerned that inflation is still too low. Peter says that one of the biggest surprises in 2018 is going to be the rising inflation, which the he says the Fed will not be able to do anything about once inflation begins in earnest.
Other topics included in this first podcast of 2018 include
- Tax cuts
- Fed interest rate policy
- The coming fiat currency crisis
- The coming economic collapse
- The coming US dollar collapse
- Commodities inflation
- Gold and precious metals
- The stock market bubble
Listen to the podcast in its entirety below: