The Last Chance Of Freedom

It's becoming increasingly difficult to discern fact from fiction, and unfortunately the media has a strong bias. They spin stories to make conservatives look bad and will go to great lengths to avoid reporting on the good that comes from conservative policies. There are a few shining lights in the media landscape-brave conservative outlets that report the truth and offer a different perspective. We must support conservative outlets like this one and ensure that our voices are heard.

Wednesday, March 29, 2023

Peter Schiff: Bank Bailouts Will Devalue The Dollar

Peter Schiff appeared on NTD News to talk about the bank bailout and the March Federal Reserve meeting.

During the conversation, Peter explained that everybody is going to pay for these bailouts because they will ultimately devalue the dollar as inflation skyrockets.

During his press conference after the March FOMC meeting, Jerome Powell said the banking system is "Sound and resilient." Peter said it's not sound at all.

Peter explained how the banking system became so unsound.

In the wake of the failures of SVB and Signature Bank, Peter said it was the beginning of the next financial crisis.

Peter said the big event that banks can't handle is a major economic downturn coupled with a rise in inflation.

"The dollar is being debased in order to fund the bank bailouts."

https://schiffgold.com/interviews/peter-schiff-bank-bailouts-will-devalue-the-dollar/