peter shipChief Economist and Global Strategist Euro Pacific Capital, gave an ‘entertaining’ example of the effects of inflation. Schiff said in a tweet that many price hikes never make it into the CPI, highlighting this example from Walt Disney Co DIS Disney park fee and his wristbands to explain his attitude.

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“Many price hikes never make it into the #CPI. In addition to a double-digit annual increase in Disney World admission prices, the park now charges $20 for park wristbands, which were provided free last year. That’s an additional $80 for a family of four. #Inflation,” Schiff tweeted.

Disney is going through interesting times. The company brought back Robert A Iger leading the company as CEO is successful Bob Chapek, who has resigned from his post.

Inflation: Fed meeting minutes released last week show central bank officials agreeing on smaller rate hikes going forward. Wall Street had responded positively to the news. That SPDR S&P 500 ETF Trust SPY gained 1.19% in the last five days while the Vanguard Total Bond Market Index Fund ETF BND gained 0.88%.

Schiff also advocates more free market regulation. In his opinion, there is no need for more government regulation.

“We don’t need more government regulation. We need more free market regulation and personal responsibility. Let’s end the #Fed, government stimulus, subsidies, guarantees and bailouts. The #NYSE was founded in 1792. The #SEC was not founded until 1934. We were better off without them,” he tweeted during the FTX saga last week.

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