In a recent tweet, Peter Schiff expressed concern over the declining U.S. Dollar Index and the Federal Reserve’s plans for interest rate cuts. Schiff’s tweet, posted on December 21, highlights the potential inflationary impact of these rate cuts, especially given the current technical breakdown of the dollar. What Happened: The U.S. Dollar Index closed at its lowest level since July, raising alarms about the currency’s weakening position. Schiff, a prominent economist, took to social media to voice his concerns. Schiff’s critique comes amid a broader discussion on the Federal Reserve’s approac…
