BusinessInsider: Once The Dollar Breaks Down, Peter Schiff Warns Of Run-Away Inflation: 'Investors Are Completely Unprepared'

Renowned economist Peter Schiff has warned about the potential for a major financial crisis due to “run-away inflation” and a weakening U.S. dollar. Schiff also predicts a significant surge in gold prices.

What Happened: Schiff took to social media platform X to voice his concerns, stating that Wall Street is in for a shock as inflation accelerates. He believes the situation could lead to a more severe financial crisis than the 2008 recession, with Treasury bonds potentially becoming the new subprime mortgages.

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