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Peter Schiff Warns of ‘Parasitic Relationship’ Threatening Dollar Value and Painful Economic Transition

Peter Schiff Warns of 'Parasitic Relationship' Threatening Dollar Value and Painful Economic Transition for AmericansIn a recent social media post, economist Peter Schiff critiques the Trump administration’s characterization of the U.S. as the “world’s best customer,” arguing that this perspective misrepresents the global economic relationship. Schiff asserts that while demand is unlimited, the resources to satisfy that demand are scarce, emphasizing that supply, not demand, is the limiting factor […]

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