A lot of people are optimistic. But during an appearance on the Ben Shapiro Show, Peter Schiff said this isn't a real recovery, and he explains how all of the government "help" is actually wrecking the economy, distorting the job market and destroying the dollar.

The economy is actually sicker now than it was before COVID. And what's really been hurting it was not the disease but the government's cure."

Peter said government shutdowns were at the root of the problem. When the economies closed, people stopped producing goods and services. When people aren't productive, they need to reduce their consumption. You can't consume stuff that's not produced. But the government didn't want people to stop spending even though it ordered them to stop working.

Enter the Federal Reserve.

The Fed simply printed money out of thin air. The government then handed that money out in the form of stimulus checks, enhanced unemployment and other COVID relief programs.

So, you have an economy where we're producing less, but everybody wants to spend more. That's not economic growth. That's massive inflation. And what we're seeing now is the byproduct of everybody spending all this money that we just printed, and that's what's goosing the GDP. But this is not a real economy."