• 3 hours Trump Wants Another $2 Trillion Economic Intervention
  • 21 hours The Surprising Businesses Deemed “Essential” During The Coronavirus Lockdown
  • 1 day Priceless Van Gogh "Spring Garden" Painting Stolen
  • 1 day Oil Falls To $20 For First Time In Nearly Two Decades
  • 1 day COVID-19 Could Be The End Of U.S. Coal
  • 2 days How Much Does Your Social Security Number Cost? $4 On The Dark Web
  • 3 days Silver Stocks Have Been Decimated In The Coronavirus Sell-Off
  • 4 days How Blockchain Tech Could Make Mergers And Acquisitions More Efficient
  • 4 days America’s Shortage Of This Metal Keeps Trump Up At Night
  • 5 days Bidet Bonanza: Defying The Toilet Paper Shortage
  • 5 days U.S. Auto Sales Fall By 75%
  • 6 days Violating Quarantine? Big Brother Is Watching
  • 6 days Does Gold Still Have Some Room To Run?
  • 6 days Major Acquisition Gives The World’s First Green Ride-Share Another Edge
  • 7 days U.S. Pushes For Digital Currency For Immediate Stimulus
  • 7 days The Impossible Challenges Created By Growing Population
  • 7 days Gold Skyrockets After Fed Pledges "Unlimited" Cash To Boost Economy
  • 8 days World’s Richest Lose $1 Trillion In Stock Market Rout
  • 8 days Gas Stations Shut Down In Venezuela As Coronavirus Crisis Intensifies
  • 8 days The Best And Worse Case Scenario For The U.S. Stock Market
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Peter Schiff

Peter Schiff

Schiff Gold

Peter Schiff is an economist and investment advisor specializing in the foreign equity, currency, and gold markets. He became internationally known by successfully forecasting the…

Contact Author

  1. Home
  2. Markets
  3. Other

Peter Schiff Live at Jackson Hole Summit

While central bankers gathered for their annual Wyoming meeting, another group of free-market activists held The Jackson Hole Summit. In his speech, Peter Schiff succinctly explained how the Federal Reserve simply postponed the 2008 economic disaster. Despite promises, Janet Yellen has made no progress towards shrinking the Fed's balance sheet to $1 trillion by the end of the decade. This massive balance sheet is exactly why the Fed cannot raise interest rates. Since 2015 could be the worst year of GDP growth of the entire so-called recovery, the Fed is trapped - it will continue on this easy money path until the US dollar has been destroyed.

 

Back to homepage

Leave a comment

Leave a comment