Schiff Sounds Alarm: Fed Policy, Inflation, and Tariffs Could Trigger Major Crash
Peter Schiff warns that the U.S. is heading toward a financial collapse worse than the 2008 crisis due to a combination of tariffs, inflation, rising interest rates, and a weakening dollar.
He argues that new tariffs will disrupt trade, driving up prices and pushing long-term interest rates higher. Schiff also criticizes fiscal policies, such as middle-class tax cuts, which could exacerbate deficits and fuel demand for scarce goods.
He warns that the Federal Reserve’s potential response—monetary easing—could worsen inflation and further weaken the dollar, leading to a devastating economic downturn.
Clever Robot News Desk 2nd April 2025
