The Peter Schiff Show Podcast Inflation Data Supports Rate Hikes, Not Rate Cuts - Ep 974
Aug 15, 2024
Peter Schiff, an economist renowned for his candid views on inflation and fiscal policy, dives deep into the latest inflation data, revealing potential discrepancies in reported figures. He suggests real inflation might be double the official stats and criticizes the federal budget deficit's impact on economic stability. Schiff believes the Fed's potential rate cut is politically motivated and could lead to issues down the line. He passionately discusses the repercussions of government intervention across various industries, praising Elon Musk's perspective on inflation while advocating for reduced government spending.
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