Peter Schiff: Federal Reserve Concealed Severity of Next Market Collapse

by | May 22, 2023 | Self Directed IRA | 2 comments

Peter Schiff: Federal Reserve Concealed Severity of Next Market Collapse




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Recently, an explosive Fed leak has highlighted some grim truths about the state of the economy in the United States. According to the economist and investor Peter Schiff, the Fed has been hiding just how bad the next market collapse is going to be.

This revelation has sent shockwaves through the world of finance, with experts warning that the economic fallout from this crash could be unprecedented in its scope and scale. So, what exactly is going on behind the scenes?

According to Schiff, the Fed has been artificially propping up the economy with a record amount of money-printing and low-interest rates, creating an unsustainable bubble in the stock market. This has led to an unprecedented asset bubble, which is likely to burst sooner rather than later.

Furthermore, Schiff alleges that the Fed has been downplaying the severity of the economic crisis that is looming on the horizon. In his view, the central bank is not being honest with the public about just how bad things are going to get.

This alleged deception is deeply troubling. It suggests that the Fed is more concerned with maintaining the status quo and avoiding panic than with preparing the public for the economic crash that is likely to occur. This is short-sighted and dangerous, as it could lead to a lack of preparedness for what is probably going to be a significant shock to the economy.

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The Fed leak comes at a time when the US is already grappling with multiple economic challenges, including high unemployment, massive debt, and rising inequality. The impact of the next market collapse, which Schiff argues is imminent, would only compound these difficulties.

What can be done to prepare for this impending crisis? Schiff argues that the best course of action is to invest in tangible assets such as gold, silver, and real estate, which tend to hold their value during periods of economic upheaval. It is also crucial to avoid assets that are likely to be hit hard by the crash, such as stocks and bonds.

In conclusion, the Fed leak is a damning indictment of the state of the US economy and the central bank’s conduct during this crisis. It highlights just how out of touch many financial institutions are with the real economic problems faced by ordinary Americans. As the country braces itself for what could be a devastating economic crash, it is essential to take steps to protect ourselves and our finances from the fallout.

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2 Comments

  1. Don Duncan

    All nations are "backed" by a superstitious belief ("The Most Dangerous Superstition", Larken Rose) that being ruled, i.e., being forced by a few is better than self-governance. No one really believes they are "represented" by the rulers. That is a lie the tell themselves to justify their default on their responsibility to live freely, to be politically mature, to think for themselves.

  2. Heartwalker

    US just copied Canada. I read that Canada went off gold standard in 1929

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