No, he's been predicting a series of crises for the last ten years, and other than the home finance market collapse that he got into predicting late, not one of them has come true.
> we do know The Fed's policy making create booms and bust cycles
We know that positive feedback mechanisms within the market which run into limits create boom and bust cycles; both monetary policy at the Fed and fiscal policy by Congress could either exacerbate or mitigate the intensity of those cycles.
Hyper-inflation is hyperbole warning for ignoring national debt, because it's likely the only end-game. Federal spending has doubled in the last 15 years, and politicians continue to make more promises. It's unpopular to talk about the national debt or federal spending which is exactly why Schiff is great; he consistently highlights gratuitous spending. Predicting specific bubbles is less important than pointing out fundamental issues like devaluing the USD and over spending. His doomsday attitude is a constant reminder there are larger problems than specific markets.