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3232Economist Peter Schiff Says ‘Nobody’s Money Is Safe in Any Bank’ — Warns of Financial Crises, Depressions
https://www.digit.info/economist-peter-schiff-says-nobodys-money-is-safe-in-any-bank-warns-of-financial-crises-depressions/
Thu, 11 May 2023 00:19:56 +0000https://www.digit.info/2023/05/11/economist-peter-schiff-says-nobodys-money-is-safe-in-any-bank-warns-of-financial-crises-depressions/Read more]]>Economist Peter Schiff expects a lot more banks to fail, warning that “nobody’s money is safe in any bank.” He stressed: “When the Fed sets interest rates too low and prints a lot of money … it unleashes massive inflation, creates tremendous economic imbalances that result in financial crises and depressions when the bubbles burst.” […]
]]>Peter Schiff Says Banking Crisis Not Over, Much Worse Financial Crisis Incoming — Warns of ‘Massive’ Recession
https://www.digit.info/peter-schiff-says-banking-crisis-not-over-much-worse-financial-crisis-incoming-warns-of-massive-recession/
Fri, 14 Apr 2023 07:50:01 +0000https://www.digit.info/2023/04/14/peter-schiff-says-banking-crisis-not-over-much-worse-financial-crisis-incoming-warns-of-massive-recession/Read more]]>Economist Peter Schiff has cautioned that the present banking crisis is the cusp of a much worse financial crisis. “It’s going to get much much worse if you are going to try to dismiss it,” he stressed. Citing the Federal Reserve’s recession forecast, he warned: “Normally the Fed doesn’t forecast a recession. So if they […]
]]>Economist Peter Schiff Expects Worse Financial Crisis Than 2008 — Says ‘Future Rate Hikes Are Now Pointless’
https://www.digit.info/economist-peter-schiff-expects-worse-financial-crisis-than-2008-says-future-rate-hikes-are-now-pointless/
Sun, 19 Mar 2023 02:00:14 +0000https://www.digit.info/2023/03/19/economist-peter-schiff-expects-worse-financial-crisis-than-2008-says-future-rate-hikes-are-now-pointless/Read more]]>Economist Peter Schiff has warned that the current financial crisis will be worse than in 2008. “Future rate hikes are now pointless,” he stressed, adding that any effect will be more than offset by the Fed’s quantitative easing. Peter Schiff’s Financial Crisis Warning Economist and gold bug Peter Schiff shared his outlook for the U.S. […]