Peter Schiff – X, Released on 4/21/26 At least Warsh conceded that inflation is not caused by economic growth, but by the government spending too much and the Fed printing too much. But under Trump 45 and 47, government spending grew, along with the money supply and the Fed's balance sheet. So why is Trump […]
Peter Schiff – X, Released on 3/22/26 Treasury Secretary Scott Bessent said that it’s ridiculous to ask whether Trump would consider raising taxes to pay for the war. That confirms Trump’s intent to pay for the war with more debt and higher inflation. The biggest threat to the U.S. comes from Washington, not Iran. — […]
Peter Schiff – X, Released on 3/17/26 Trump will ask Congress for $50B to fund the Iran war. While this will likely be just a down payment, if Trump is serious about short-term pain for long-term gain, he should ask for $50B in other spending cuts or tax hikes to pay for it. The debt […]
Peter Schiff – X, Released on 3/12/26 Trump now takes the position that since the U.S. is the world's largest oil producer, high oil prices are good for us. If that's the case, why did he promise lower oil prices when he ran for office? Why didn't he promise higher prices so U.S. oil companies […]
Peter Schiff – X, Released on 3/3/26 Trump's decision to start a war after campaigning to end wars will go over as well with voters as Bush's decision to raise taxes after his "read my lips" pledge not to raise them. Trump must have been very worried about a major downturn in the economy to […]
Peter Schiff – X, Released on 3/3/26 If you believe that the Constitution is meaningless and that going forward, any American president can declare war against any nation at their sole discretion, we are in a lot of trouble. What happens if Trump or some future president wakes up and decides to declare war on […]
Peter Schiff – X, Released on 2/28/26 The United States is now at war with Iran. However, the U.S. Constitution clearly empowers Congress with the exclusive authority to declare war. If this war is truly just, Trump is legally required to seek congressional authorization before waging it. — Peter Schiff (@PeterSchiff) February 28, 2026 The […]
Peter Schiff – X, Released on 1/23/26 Get ready for an energy shock as oil and gas prices surge. This week’s huge spike in natural gas, today’s jump in crude, and across-the-board dollar weakness suggest much higher prices are coming. All of this will push already rising CPI and Treasury yields to much higher levels. […]