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2008 and 2021 Are Hitting at the Same Time... The Inflation Bomb Is Lit
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Producer prices just annualized to 17%. Banks sit on $2 trillion in mortgage losses. Peter Schiff explains why 2008 and 2021 are both hitting at once. 📢 Please Support Our Sponsors: - Ethos. Protect your family with life insurance from Ethos. Get up to $3 million in coverage in as little as 10 minutes at https://ethos.com/gold. Application times may vary. Rates may vary. - Proton Pass. Go to https://proton.me/peter to get 50% off, backed by a 30-day money-back guarantee. Producer prices just annualized to 17%, and banks are sitting on $2 trillion in mortgage losses before a single default. Peter Schiff says the data looks like late 2020 and early 2021 all over again. September PPI rose…