Peter Schiff: Surging oil prices will not lead to increased inflation, but will only trigger an economic recession

Odaily星球日报2026/03/09 00:51

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According to Odaily, economist Peter Schiff stated on the X platform that soaring oil prices will not lead to intensified inflation, but will only trigger an economic recession. What truly causes inflation to worsen are the fiscal and monetary policies implemented after oil prices surge.

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Peter Schiff: Surging oil prices will not lead to increased inflation, but will only trigger an economic recession

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