Peter Schiff: Phony Economy Must Die or US Risks Financial Ruin

Peter Schiff Warns: 'Phony Economy' Must Die or US Risks Financial RuinEconomist Peter Schiff has warned that restoring a real economy requires letting the “phony economy” collapse, which would result in significant financial losses for many. However, he emphasized that the alternative is worse, as it would lead to the devaluation of money itself. Schiff criticized the government and Federal Reserve policies, particularly following the 2008 […]

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