Peter Schiff – X, Released on 6/24/26 Trump is asking Congress to approve $87.6B in new spending, mainly for the Iran War. But since he isn't also asking Congress to cut spending elsewhere or raise taxes to pay for it, he's asking the Fed to create more inflation, so consumers pick up the tab by […]
Peter Schiff – X, Released on 6/10/26 Imagine how much higher the CPI would have risen over the past five years if the government included the actual increase in cost of health insurance. — Peter Schiff (@PeterSchiff) June 10, 2026
Peter Schiff – X, Released on 5/28/26 A weak U.S. economy is taking its toll on Americans. Q1 GDP grew a mere 1.6%, while the savings rate plunged to just 2.6%, as higher prices, higher interest rates, and stagnant incomes forced consumers to dip into their meager savings to make ends meet. The Trump boom […]
Peter Schiff – X, Released on 5/19/26 Thanks to Donald Trump, we now have two Democratic parties. With the defeat of @RepThomasMassie for being a principled fiscal conservative, the Republican Party basically exists in name only. We have two big-government political parties, each offering its own brand of socialism. — Peter Schiff (@PeterSchiff) May 20, […]
Peter Schiff – X, Released on 5/19/26 With the defeat of @RepThomasMassie, the U.S. has sent a clear message to the global bond markets that the we will never get our fiscal house in order. Get ready for a bond market crash, soaring interest rates, and runaway inflation, as our creditors bail out in droves! […]
Peter Schiff – X, Released on 5/14/26 The only Republican in the House who actually cares about the Constitution, votes his conscience, wants to end undeclared wars, and stop the runaway deficit spending that is bankrupting our country is the one guy Trump wants to get rid of. What does that tell you about Trump? […]
Peter Schiff – X, Released on 5/13/26 April producer prices soared 1.4%, an annualized rate of 18.2%. YoY prices rose 6%. Even core prices spiked 1%, 12.7% annualized and 5.2% YoY. Producers will pass on most of these increases to consumers. The CPI will likely rise more in 2026 than in any calendar year under […]
Peter Schiff – X, Released on 4/27/26 Trump is looking to use taxpayer money to buy Spirit Airlines out of bankruptcy, so the government can run it to save jobs. If sincere, either Trump doesn't understand how capitalism works or doesn't believe in its principles. Trump has more in common with @AOC than Reagan. — […]
