Schiff: QE Is On The Way

Peter Schiff recently hosted a Space on X, discussing the Federal Reserve's decision to cut interest rates by 50 basis points, signaling a return to monetary policy reminiscent of the Great Recession era. Despite the Fed's claims that inflation is under control, Peter believes it's about to skyrocket. He emphasizes that the country needs to drastically reduce the size of the government and its inefficiencies, and that the federal government should focus on its core responsibilities and not add new agencies. Peter also shared his thoughts on crypto investors like Jack Mallers and Michael Saylor, who he believes are not considering the possibility of Bitcoin crashing due to their vested interests. He also discussed gold stocks and his experience as a stock broker, advocating for deregulation in the financial sector and the abolition of the SEC and FINRA.