The Peter Schiff Show Podcast

Soaring CPI Shocks Clueless Investors and Economists – Ep 690

05.12.2021 - By Peter SchiffPlay

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* CPI numbers shock expectations.

* Biggest monthly gain in CPI since 1981.

* Gasoline supply chain disrupted by ransomware hack.

* Price gouging alleviates shortages.

* Unemployed workers shouldn’t be picky.

* Disincentivizing people from jobs is not good for the economy.

* Dogecoiners buy the rumor and sell the fact on Elon Musk SNL appearance.

* Accolades have gone to Cathie Woods’ head.

* ARKK will likely make a new 52 week low this year.

* CNBC continues to ignore emerging markets, value stocks, and gold.

* ]The people saying sub-prime was contained in 2008 are the same people saying inflation is transitory now.

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