Peter Schiff: Americans Paying for Big Government Through the Inflation Tax

Peter Schiff: Americans Paying for Big Government Through the Inflation Tax

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Rapidly rising prices put the squeeze on everybody’s wallets. A recent study showed that inflation is hitting rural Americans particularly hard. According to the Iowa State University report, people in rural areas now spend 91% of their income on expenses alone. Peter Schiff recently appeared on Rob Schmitt Tonight to talk about the pain of the inflation tax. Schmitt said the last time Peter was on the show, he painted a “very ugly picture about what’s coming for the American economy.” Peter said the picture is getting uglier. “I think we’re not in recession, which was something that I had...
Source: https://www.newswars.com/peter-schiff-americans-paying-for-big-government-through-the-inflation-tax/