/biz/ - Business & Finance

Peter Schiff is wrong about crypto, I agree.

His other points aren't though. I know people always mention that a broken clock is still correct twice a day but that's missing the substance around it all.

The idea that the fed went 10 years at basically 0% interest is unfathomable. Nobody expected any of this. The fed lied so many times about raising the rates over the last 10 years that it all becomes a joke. The CPI is a fucking joke and obviously cooked.

It's not Peter who is delusional, it's the fact that the lies went on for such a long time and unseen prior at this scale.
The USD and markets were inflated painfully high and we will all suffer for it soon enough. The recovery from the recession is an absolute joke.