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On December 13, 2007, in an interview on the Bloomberg TV show "Open Exchange," Schiff added that he felt that the crisis would extend to the credit card lending industry, and he called consumer credit "a cancer on the free-market economy." Schiff said that interest rates would rise, that the dollar would "collapse," and that all classes of ...
“I think what’s going to happen is the world’s going to reject the dollar like we rejected gold [in 1971] — and it’s going to go back on the gold standard,” Schiff predicted.
Schiff, who said in June 2023 that his “net worth is a lot more than $80 million,” would fit within the Fed’s top 1% definition for Q4 2023 — but unlike some of his wealthy peers, the ...
Schiff’s grim forecast for the U.S. dollar leads him to favor an alternative as a store of value: gold. “Gold rose today to close above $2,500 for the 2nd consecutive week," he noted in ...
Schiff, who said in June 2023 that his “net worth is a lot more than $80 million,” would fit within the Fed’s top 1% definition for Q4 2023 — but unlike some of his wealthy peers, the ...
Peter Schiff holds a bachelor's degree in Finance & Accounting from University of California Berkley. Peter Schiff is a business person, stock broker, and television commentator-- this article refers to him as an Economist. This is a falsehood. His "field" is securities trading, not financial economics.
Schiff in 1980. Irwin Allen Schiff (/ ʃ ɪ f /; February 23, 1928 – October 16, 2015) was an American libertarian and tax resistance advocate [1] known for writing and promoting literature in which he argued that the way in which the income tax in the United States is enforced upon individuals as a tax on one's time or wages, is illegal and unconstitutional.
Economist Peter Schiff has warned Americans to get ready for “a major dollar decline.” ... — and it’s going to go back on the gold standard,” Schiff predicted. The gold standard is a ...
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