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353. The US Dollar Might Collapse | Peter Schiff

The Jordan B. Peterson Podcast

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Financial Crisis Already Started, Currency Crisis is Coming

The financial crisis has already started, as evidenced by the failure of multiple banks such as Silicon Valley Bank and Signature Bank./nThe government's actions in propping up failing banks and printing more money to come to the rescue are seen as a mistake./nInflation is expected to run out of control due to the Fed's return to inflationary monetary policies despite inflation already being triple its 2% target./nThe weakest financial position we've ever been in is leading to another recession./nCOVID-19 is seen as massively inflationary due to the printing of even more money than ever and incentivizing people to stay home./nThe current situation is a taking point and the actions of central banks with interest rates will have a significant impact on the economy.

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