Peter Schiff Says U.S. Economy Weaker Than at End of Biden's Term
JH Kim
Summary
- Peter Schiff said the U.S. economy is now weaker than it was at the end of former President Joe Biden's term.
- He said he disagrees with White House National Economic Council Director Kevin Hassett's claim that the U.S. economy is booming.
- Schiff said the U.S. economy has become more fragile without citing specific economic indicators.
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Prominent Bitcoin skeptic Peter Schiff said the U.S. economy is now weaker than it was at the end of former President Joe Biden's term.
Cointelegraph reported on September 4 that Schiff made the comment in response to White House National Economic Council Director Kevin Hassett's claim that the U.S. economy is booming.
Schiff said current U.S. economic conditions are more fragile than they were at the end of the Biden administration, signaling disagreement with Hassett's assessment.
He did not provide specific economic indicators to back his claim that the U.S. economy has weakened.
JH Kim
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