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Recession Will Make the Inflation Problem Worse – Ep 779

The Peter Schiff Show Podcast

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Oil Can Be Exported

Oil will end up being export ed, and there'll be even less supplies available for domestic consumption. And the same thing applies to all our imports. We're running these record imports. But if the dollar tanks, which is what will happen, because if the fed has to do it about face, if as i believe is going to happen, the inflation rate is still going to be high. I mean, it could be higher than it is right now, or maybe it'll be a little lower, but it'll definitely be high."

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