Peter Schiff Predicts The Worst Inflation Crisis: The Fed Will Crash The Economy

Peter Schiff warns everyone about the coming catastrophic crash that will be caused by the Fed. Based on what's going on in the global economy and what's going on in the U.S. economy we're going to have a lot more inflation but that's not going to stop the recession from coming. It's going to be stagflation but the stagnation will be so bad and the inflation will be so bad that a better way to describe it will be an inflationary depression.

Peter Schiff is the CEO of Euro Pacific Capital Inc, financial commentator, and radio personality. In August 2006, the stockbroker Declared: “The United States is like the Titanic and I am here with the lifeboat trying to get people to leave the ship ... I see a real financial crisis coming for the United States.” In later debates, he predicted crashing real estate prices in 2007 and a looming credit crunch.

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Peter Schiff