Politics
Trump Creating All 2026 Inflation While Blaming Biden for 2021-2022 Price Surge
The Peter Schiff Show
A Complete Meltdown Is Coming
What was said
"All of that inflation in 2021 and 2022 was created in 2020. It was created by the massive increase in money supply under Trump's presidency to fund the deficits during COVID that Trump signed on to... The inflation was created by Trump and by the Fed under Trump."
Schiff accused Trump of creating the 2021-2022 inflation spike through 2020 COVID spending and money printing, while now generating even worse inflation in 2026 through the 'Big Beautiful Bill' tax cuts and war spending. He argued annualized 2026 CPI is tracking 6.2%, potentially the highest since 1981, all while Trump falsely credits himself with low inflation.
Verification status
Attributed speaker claim
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Source and context
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- Programme
- The Peter Schiff Show
- Episode
- A Complete Meltdown Is Coming
- Clip time
- 26:18
- Original source
- Watch the source segment →
From this episode
The Peter Schiff Show