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SchiffRadio Podcast Episode 23

The Peter Schiff ShowEpisode 23: Going to Extreme to Prove a Point: Two articles about Peter Schiff:

  • MarketWatch

– writer refused to address corrections before going to print except for my official title
– The point of my forecasts is to help people avoid problems ahead of time
– I did not call for a stock market crash; I predicted QE4
– The Fed can prevent a Dollar Crisis
– I said hyperinflation is unlikely, but a possibility

  • New Republic

– Writer quotes selectively from a Reason article to prove his own spin
– Points to the CPI to refute real inflation
– The price of a Big Mac mirrored the CPI until 2002
– Now price of Big Mac rises 2x as fast as CPI
– This illustrates how the government measures inflation