Peter Schiff Reveals Eye-Opening Truth Behind the Economy

by | May 23, 2023 | Self Directed IRA | 2 comments

Peter Schiff Reveals Eye-Opening Truth Behind the Economy




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World-renowned economist Peter Schiff recently shed some light on the true state of the economy in a video called “WOW! So This Is What’s ACTUALLY Going On With The Economy”. In the video, Schiff discusses the current state of the economy, the role of the Federal Reserve, and the future impact on investors and the average person.

Schiff begins by explaining that the United States’ economy has been artificially propped up by the Federal Reserve, which has been pumping trillions of dollars into the market through quantitative easing programs. He highlights that this has led to an artificial rise in stock prices, housing prices, and other asset classes.

Schiff argues that the Federal Reserve’s policies have been detrimental to the economy, as it has encouraged reckless spending and borrowing. This, in turn, has led to unsustainable levels of debt, which he believes could ultimately lead to an economic collapse.

Furthermore, Schiff notes that the recent surge in inflation has been a direct result of the Federal Reserve’s actions. He notes that the true inflation rate is much higher than what is being reported, as the government has manipulated the calculation of inflation to keep interest rates low.

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Schiff suggests that investors should be wary of the stock market, as it is overvalued and could experience a sudden correction at any moment. He recommends that investors focus on tangible assets such as gold, silver, and real estate, which will withstand the effects of inflation.

Finally, Schiff warns that the average person will be adversely affected by the economic policies of the Federal Reserve. He points out that inflation will lead to higher prices, making it more difficult for people to afford basic necessities. Additionally, he suggests that the economic downturn could lead to widespread job loss and a decline in the standard of living.

In conclusion, Peter Schiff’s “WOW! So This Is What’s ACTUALLY Going On With The Economy” video serves as a warning to investors and the general public. He highlights the dangers of the Federal Reserve’s policies and urges people to take action to protect their assets and financial well-being. While his predictions may be controversial, Schiff’s insights provide valuable food for thought for anyone who is concerned about the state of the economy.

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2 Comments

  1. James Paul

    Peter. your insights are greatly appreciated.
    The majority of the leaders fail to understand these basic facts.
    Are they ignorant or are they intentionally crashing the economy?

  2. Gary Osburn

    I always look forward to seeing your podcast thanks again Peter you're spot on.

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