• 732 days Will The ECB Continue To Hike Rates?
  • 732 days Forbes: Aramco Remains Largest Company In The Middle East
  • 734 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,134 days Could Crypto Overtake Traditional Investment?
  • 1,139 days Americans Still Quitting Jobs At Record Pace
  • 1,141 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,144 days Is The Dollar Too Strong?
  • 1,144 days Big Tech Disappoints Investors on Earnings Calls
  • 1,145 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,147 days China Is Quietly Trying To Distance Itself From Russia
  • 1,147 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,151 days Crypto Investors Won Big In 2021
  • 1,151 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,152 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,154 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,155 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,158 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,159 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,159 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,161 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

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