Peter Schiff appeared on First TV’s I’m Right with Jesse Kelly to talk about the state of the economy, inflation, and the unfolding financial crisis. Peter warned that we’re heading straight toward Great Depression 2.0.
Jesse opened the show by noting that the CPI fell to 4.9% in April. That’s an improvement, right? Peter responded, “I guess it’s not quite as bad as it was, but it’s not good.”