The Fed Is Lying – Inflation Is Getting Worse (Video)
In an interview on The Street, Peter Schiff explained the relationship between physical gold and the debt limit of the United States. Peter argued that the Fed is lying about inflation because it doesn’t want to admit that there is no real economic recovery.
What’s good for gold is when they raise the debt ceiling, because it confirms that we’re going to have a lot more debt and a lot more money printing… If you’ve looked at how far gold prices have increased over the last decade or so, a lot of that is a function of the debt and the inflation that has accompanied all that debt… [The Fed is] probably going to increase the amount of QE… Inflation is a problem and it’s going to get worse. So they’ve got it all wrong, and so they’re mis-pricing gold.”
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Last week Scott Melker interviewed Peter on The Wolf of All Streets podcast. They have a friendly discussion about Bitcoin’s future, the differences between gold and crypto, and the overlap in the crypto and precious metals movements.
Peter appeared on OAN’s Real America with Dan Ball to discuss new prospective income taxes, the latest idiotic craze in politics. He starts by explaining why President Biden’s desired policy isn’t even an income tax:
Last week Peter appeared on the Futures Radio Show podcast with Anthony Crudele. In their interview, they discuss the factors affecting gold’s price, why the Fed can’t control inflation, and the viability of Bitcoin.
Peter recently appeared on Market Overtime with Oliver Renick for an interview. In their wide-ranging discussion, Peter speaks on monetary policy, the reliability of inflation data, and reasons to avoid Bitcoin.
Peter recently appeared on Fox Business to discuss Bitcoin’s recent performance. In this segment, he takes on Natalie Brunell, host of the podcast Coin Stories, in a friendly debate on the merits of crypto and precious metals.
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