Peter Schiff claims the Fed has already lost the battle against inflation

Economist Peter Schiff states the Fed has failed to control inflation since 2020.

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The fact

He blames overly loose monetary policy and a collapsing bond market for the current crisis.

Schiff reiterates his preference for gold over Bitcoin, which he considers too speculative.

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Auto-synthesis from 1 media source · identified on September 16, 2026