Economist Peter Schiff slammed President Donald Trump’s decision to impose a one-year cap on credit card interest rates at 10%, warning that it could lead to a credit crunch for borrowers.Schiff Slams Trump’s ‘Socialist’ MoveOn Sunday, in a post on X, Schiff described Trump’s proposal as being “unconstitutional,” and a form of “socialist price control,” which Trump himself had criticized former Vice President Kamala Harris for proposing on grocery prices while on the campaign trail last year. Schiff also wa ...