Home Economic Trends Peter Schiff: Fed’s real inflation weapon will crash markets; Fake CPI will... Business and EconomyEconomic TrendsFederal ReserveStock MarketStock Market Commentary Peter Schiff: Fed’s real inflation weapon will crash markets; Fake CPI will only get higher – Source – Kitco News By wsw staff - March 28, 2022 The Fed is fighting the “inflation fire” with a “squirt gun” of a 25 basis-point hike, which is not enough, according to Peter Schiff, Chief Economist and Global Strategist of Euro Pacific Capital.