* Fed forced to admit that inflation will be higher and last longer than they predicted.
* June CPI numbers come in almost double Fed’s expectations.
* Highest monthly CPI increase in 13 years.
* Stock indexes are not a hedge against inflation.
* Producer costs are rising faster than consumer prices.
* Consumer prices are rising faster than wages.
* No signs that inflation is transitory in the oil market.

Thanks Ladder Life Insurance. Go to https://ladderlife.com/gold today to see if you’re instantly approved.

RATE AND REVIEW the Peter Schiff Show Podcast on Facebook.
https://www.facebook.com/PeterSchiff/reviews/

SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/
Schiff Gold News: http://www.SchiffGold.com/news
Buy my newest book at http://www.tinyurl.com/RealCrash

Follow me on Facebook: http://www.Facebook.com/PeterSchiff
Follow me on Twitter: http://www.Twitter.com/PeterSchiff
Follow me on Instagram: https://Instagram.com/PeterSchiff

Our Sponsors:
* Check out CigarBid and use my code GOLD for a great deal: https://cigarbid.com
* Check out Fast Growing Trees: https://fastgrowingtrees.com/gold
* Check out Vanta: https://vanta.com/SCHIFF

Privacy & Opt-Out: https://redcircle.com/privacy

CPI and PPI Expose Transitory Inflation Ruse – Ep 714