Peter Schiff’s Warning: “This Diesel Crisis Is About to Hit EVERYTHING You Buy”

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Economist Peter Schiff explains that record-high diesel prices are a key indicator of coming economic hardship, as they increase transportation costs for all goods, which will be passed on to consumers. Schiff argues that the value of the US dollar is declining, not that prices are rising, pointing to exploding budget deficits and money printing by the Fed as the primary drivers.