# The Crypto Market

*Peter Schiff pumps up the FUD and predicts the collapse of the US economy 🤣  "The Fed's rate cut will not prevent a recession. In fact, the US economy has most likely been in recession for a long time, although this has not yet been officially confirmed. While short-term rates may decrease, long-term rates and inflation will rise, as well as unemployment. The game is over."   When I realized that the crypt was not dying, but I still had to say something*

By [lagusa.eth](https://paragraph.com/@lagusa.eth) · 2024-09-10

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*Originally published on [lagusa.eth](https://paragraph.com/@lagusa.eth/the-crypto-market)*