By the way, did you listen to Peter Schiff because he could have been right? After all, as an Austrian he even had a theory to prove it. yes, the quantitative theory of money.
"The quantity theory of money (often abbreviated QTM) is a theory from monetary economics which states that the general price level of goods and services is directly proportional to the amount of money in circulation."
Disclaimer. By posting this link it does not mean that I do agree with all of the author's claims like, for instance, the one about the Jewish privilege.
