Peter Schiff: To restore the real economy, we must let the "false economy" collapse
Bitget2024/10/06 10:35
On October 6th, economist Peter Schiff warned that in order to restore the real economy, the "false economy" must collapse, which will cause significant economic losses to many people. However, he emphasized that the alternative is worse because it will lead to currency depreciation. Schiff criticized the policies of the government and the Federal Reserve, especially after the 2008 financial crisis, and warned that the economic bubble driven by debt is bigger than ever before.
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