Peter Schiff | How a Democratic Washington Will Tax You with Inflation

With US debt levels set to rocket into the stratosphere, many investors have failed to understand how the new reality will impact their portfolios. Whether the red ink flows from the latest Covid relief packages or the bevy of economically moronic ideas coming from the new Democrat administration in Washington, annual Federal deficits will remain in the multi-trillion range for the foreseeable future. Almost all of the shortfalls will likely be monetized by the printing presses of the Federal Reserve. Unlike the past, no one now expects the Fed will ever turn the spigots off. After a decade of dollar strength powering US stocks, the momentum may soon reverse. Investments denominated in foreign currencies are poised to dominate. Peter Schiff explains where the opportunities can be found.

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