Peter Schiff – X, Released on 7/27/23 Surging oil and collapsing bond prices are powerful signs that #inflation pressures are building in the economy. For all #Powell's talk about the #Fed winning its inflation fight, forward looking indicators evidence its losing. How much longer can the #StockMarket ignore reality? — Peter Schiff (@PeterSchiff) July 27, […]
Peter Schiff – Twitter, Released on 5/4/23 Tweet 1 (scroll down for more) #Gold stocks are hitting new 52-week highs today as #bank stocks are hitting new 52-week lows. This is not the end of this rotation, but the beginning. The stocks that lived by the bubble are dying as the air comes out. Old […]
Peter Schiff – Twitter, Released on 4/4/23 The U.S. #economy has never been poised on the brink of a financial and economic cliff nearly as ominous as the one it's perched on now. Yet despite being the architect of this precarious position, the #Fed remains clueless to the impeding crisis its own policies made inevitable. […]
Peter Schiff – Twitter, Released on 3/17/23 As I warned for years the only way the #Fed can come close to achieving its 2% #inflation target is to allow a worse financial crisis than 2008 to run its natural course, with no bailouts for banks or their customers. The Fed chose bailouts and surrendered the […]
Peter Schiff – Twitter, Released on 3/13/23 #Powell said the strong U.S. economy could easily withstand the #Fed's interest rate hikes. I said the rate hikes would cause a financial crisis, as thanks to ZIRP and QE the banks were loaded up with too much debt to handle the rise. Once again the Fed was […]
Peter Schiff – Twitter, Released on 1/20/23 The claim that the U.S. has never defaulted on its #debt is false. Prior to 1971 U.S. Federal Reserve Notes were obligations of the Federal Reserve to pay a fixed weight in #gold. The U.S. defaulted on that obligation and creditors didn't receive any of the gold they […]
Peter Schiff – Twitter, Released on 11/2/22 #Powell said he'd prefer to over-tighten to beat #inflation as it will be easy for the #Fed to use its tools to stimulate the #economy if it weakens too much. Powell doesn't get it. Planned rate hikes and QT will only succeed in crashing the economy, not bringing […]
Peter Schiff – Twitter, Released on 10/3/22 The price Americans will pay for Tarp, Obamacare, PPP, and all Govt. programs that lead to the massive build up of debt since the 2008 financial crisis is #inflation. Double digit annual inflation will soon be a way of life in America. Better get use to it and […]
