# The Crypto Market

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

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