"The Fed Will Seize All Your Money In This Crisis"! Peter Schiff's Last WARNING! - Must Video
Peter Schiff explains the impact on inflation and elaborates on the Fed’s next moves with regards to raising interest rates & crashing the economy.
What Peter Schiff is saying is absolutely right, he is correct that most US Markets are in a Bubble, but he is putting too much faith on the Market’s ability to fix their mistake. The Markets can remain irrational longer than you can remain solvent. The Dollar is a fiat currency, but it is one of the strongest fiat currencies compared to any other fiat currency currently in existence. Even in emerging Markets, there is a lot of Central Bank money printing and manipulation. What I think is gonna happen is more and more currencies will come into the Global Trade, and the Dollar will have competitors from the East. The Dollar will only collapse when the US Government collapses, otherwise, the US Government is so powerful, that it is unlikely that everyone in the world will suddenly stop using the Dollar and realize that Gold Backed Money is the only real sound Money, that is most likely never going to happen, and it has never happened in History, Money has always been manipulated.
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I am sure they will. Better buy gold.
Fed people are all illegal aliens I noticed. They steal what they can then mail it back to Dubai , India or Africa
Schiff, shiff, shaff, STFU! The whole system has to FAIL = H2F Let It Fail.