Peter Schiff Says ‘Big Surprise’ Awaits in 2024 — Warns of Crash, Recession, High Inflation Returning With Vengeance
Economist Peter Schiff has shared some predictions for 2024. “The big surprise in 2024 will not only be that the economy crashes into recession, but that high inflation returns with a vengeance,” he described. The technicals are breaking down for the U.S. Dollar Index, he added, emphasizing: “This couldn’t come at a worse time. The Fed is planning interest rate cuts, which will not only accelerate the decline, but put renewed upward pressure on inflation.” Peter Schiff’s 2024 Economic Predictions Gold bug and economist Peter Schiff shared his predictions for 2024 in a series of posts on social media platform X Wednesday. “Investors are convinced the Fed has succeeded in restoring price stability without causing a recession, pulling off a miraculous soft landing,” Schiff described, warning: The big surprise in 2024 will not only be that the economy crashes into recession, but that high inflation returns with a vengeance. “The U.S. Dollar Index is below 101 for the first time sin