Peter Schiff: 'Something Really STRANGE Is Going On!' Warning on Hyperinflation

Peter Schiff Warning about Inflation. he warns us that things are getting more expensive and we can't even afford it with a credit card. people are gonna have to buy products in cash. Things are gonna get out of whack because we have to cut Spending by 50% so that we can pay on the Interest on National debt.

Peter David Schiff is an American stock broker, financial commentator, and radio personality. He is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut.

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[austinbar]

In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

[SonnyCrocket-ph]

we should be so LUCKY as to just be "broke", owing nothing, instead of owing 35 trillion $, not counting SS, VA compensation, govt pensions, medicare, etc. which are ongoing and INCREASING and so is the interest on the debt.

[Red]

We have lots of available credit on our cards. We choose debit cards. Works!

[michaellalanae]

Being broke is one thing, changing your spending habits is another, we are forced to do it as citizens or risk eviction they should be dealt the same cards they require of us, FTC.

[ChrisBickley]

I think we crash with in a month ... but really max about 2 weeks. The FED will slam the rates down really fast and then start QE. Then we go into the second leg of inflation, which will cause assets to surge in price, and they we enter a hyperinflationary depression where the dollar is near worthless because of all the money printing and the markets crash for years and years. We might actually see a whole new form of montiary system. My advice to anyone feeling the heat in this inflation, just trade long term more than ever, I have made over 520k from day trading with Adriana Jensen in few weeks, this is one of the best medium to backup your assets incase it goes bearish..

[randylplampin]

And just who is going to tell one hundred fifty three million firearms owners that they are now pennyless?

[joking]

" Your Social Security will go down 99 percent and next year, you will have to pay social security because it will go into negative value, " said the expert.