Watch part 2 of the interview: https://youtu.be/Xyz3fwmuBj4The Federal Reserve has trapped themselves; either they raise interest rates and bankrupt the Treasury, or they don’t raise rates, let inflation spiral out of control, and bankrupt the American people, said Peter Schiff, chief market strategist at Euro Pacific Asset Management.“How does [the Fed] fight that inflation without bankrupting the U.S. government? The answer is it can’t. My thinking is, if it can’t fight inflation without bankrupting the U.S. government, it won’t fight the inflation, which means it bankrupts the public because it destroys the value of the dollar,” Schiff said. 0:00 - Next financial crisis?13:20 - End of the U.S. dollar?21:00 - Emerging markets28:30 - Gold price and monetary policy35:10 - Commodity price outlook__________________________________________________________________Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit http://www.**promotion blocked**.com/Follow us on social media: Facebook - https://www.facebook.com/**promotion blocked**News/?r... Twitter - https://twitter.com/**promotion blocked**newsnow**promotion blocked** - https://**promotion blocked**.com/**promotion blocked**newsLive gold price and charts: http://www.**promotion blocked**.com/gold-price-today...Live silver price and charts: http://www.**promotion blocked**.com/silver-price-tod...Don’t forget to sign up for **promotion blocked** News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.**promotion blocked**.com/subscriptio...Join the conversation @ The **promotion blocked** Forums and be part of the premier online community for precious metals investors: https://gold-forum.**promotion blocked**.com/ Disclaimer: Videos are not trading advice and the views expressed may not reflect those of **promotion blocked** Metals Inc.
