That was a very educational lecture, but I noticed at the end of the Q&A, probably because of time pressure, Peter Schiff answers a comment from the BLS guy by conflating price inflation with monetary inflation. He knows better than to do that as they have some correlation but are distinct concepts.
That was a very educational lecture, but I noticed at the end of the Q&A, probably because of time pressure, Peter Schiff answers a comment from the BLS guy by conflating price inflation with monetary inflation. He knows better than to do that as they have some correlation but are distinct concepts.
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