Thoughts From Peter Schiff and Greg Mannarino Thursday 8-11-2022
Peter Schiff predicts financial crisis worse than 2008, U.S. dollar to 'implode' (Pt 1/2)
KitcoNews: Aug. 10, 2022
This is part 1 of 2 of the full interview. Stay tuned for part 2 on the future of cryptos. Peter Schiff, Chief Market Strategist at Euro Pacific Capital and Host of the Peter Schiff Show, discusses the latest inflation data, whether the Inflation Reduction Act will reduce inflation, and why the Fed will be forced to pivot
0:00 - Inflation news
2:52 - Inflation forecasts
6:54 - Jobs and unemployment
10:34 - Tradeoff between growth and inflation
15:41 - Inflation Reduction Act
18:54 - Stock market rally?
22:06 - 'Zombie companies'
24:53 - Investment implications
27:20 - U.S. dollar crisis
Grocery Prices Rise At Fastest Pace In 43 YEARS! Stock Market Set For Gains. HOARD SILVER!
Greg Mannarino: 8-11-2022