Right Again

A while back Peter Schiff was blasted by another economist and a Cavuto show fill in host (who could generally be classified as an ass for the way he spoke to Mr. Schiff) for suggesting that the inflation numbers were false.



As we have seen before, though, Schiff is right once again. Here Jim Jubak reports the "breaking news" that Schiff suggested a few months ago by saying

The official inflation number is so misleading that it played a huge role in creating the tech stock bubble that broke in March 2000 and in the leverage bubble that broke in 2007.

Still, though, Peter gets no love.