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Posted on 12/07/2025 4:55:23 AM PST by RandFan
Peter Schiff has challenged President Trump to a debate about the U.S. economy after the president verbally attacked him for speaking on the affordability crisis.
Despite the growing concern among Americans regarding inflation, President Trump continues to claim that prices are falling and the economy is recovering.
Financial commentator Peter Schiff publicly challenged President Donald Trump on Saturday after the president attacked him on Truth Social for appearing on Fox & Friends Weekend.
The presidentâs attack on Schiff was in response to his discussing the affordability crisis facing Americans during his morning television appearance on December 6, 2025.
Trump posted on Truth Social, questioning why Fox & Friends would host Schiff. The president described Schiff as a âTrump hating loser who has already proven to be wrong.â
Trump insisted that prices are substantially reducing and blamed former President Joe Biden for creating the affordability crisis. He claimed gasoline hit $1.99 per gallon in certain states and that other prices are almost all down.
Hours later, Schiff responded on X, challenging Trump or his designee to a debate on the U.S. economy and the effectiveness of his policies. In a separate post, Schiff suggested Trump should change the name of his social media platform to âLie Social,â considering his dislike for the truth
(Excerpt) Read more at msn.com ...
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Housing and working wages won’t be under control unless Trump massively reverses and goes for the promised mass deportations that won him the election.
My former neighbor Earl said he could have gotten $50,000 more for his house if he had sold last year.
China has falling housing prices.
Why debate an economist? Trump has enough on his plate. May as well waste his time having lunch with Pelosi.
“My former neighbor Earl said he could have gotten $50,000 more for his house if he had sold last year. China has falling housing prices.”
I don’t care much about China, but houses are overpriced in the US thanks to the way we continue to juice the home mortgage industry.
Only solution is to go back to a Gold based Dollar and will be a lot of pain involved like not seen since the Great Depression, otherwise this nation will self destruct no matter what.
People don’t understand Trump...he often responds to criticism without having researched the person he’s responding to. In this case, besides Schiff, myself, and the Big Short guy, there was NO ONE in the United States who accurately predicated the 2008 housing crash.
By they way, there are also Zeepers here who do the crap to myself and others on Ukraine, Trump, and other issues, so I can see why Schiff is annoyed.
gasoline prices are coming down substantially, 15 % + around here in last 2 weeks.
Presidents don’t have time to debate a talking heads.
So does NYS.
Same reasons.
Peter Schiff is annoyed because he’s Deep State.
Biden and the Democrats have caused the affordability crisis.
By talking as though it is all better, is denying the above reality.
People are hurting and they were probably hoping for miracles fast. They aren’t getting them. As usual, RATs cause the problem, the GOP guy gets their mess, and the RATs campaign and assign the blame for the mess they caused on the GOP guy.
Many things aren’t improving. Like Medicare. It is worse. Drug prices are not better. Except a big deal was made out of saying Ozempic would be cheaper because Medicare and Medicaid would pay for it. How is that a help to anyone who isn’t fat? Nice for Big Pharma though.
People on Part D are getting a one time fat copay at the first of the year when they go to the pharmacy.
I see rewards for Pharma and Insurance companies.
Until the average person starts to see some relief, selling the notion this is the golden age is lame. Golden age for who?
When taking economic advice, I'm going to ignore the JV team.
It's wrestling with a pig.
Peter Schiff is the boy who cried wolf….if you say the economy is going to collapse every year…. Someday youll be right I suppose.
https://www.meredithwealth.com/post/peter-schiff-and-his-predictions
Looks folks gold finally spike to 4k…. 15 years later , the mans a genius.
Presidents don’t have time to debate a talking heads.>>> Schiff isn’t a talking head. His dad went to jail fighting the IRS and he is a wealthy investor.
The Chinese Real Estate bubble-burst real. Real Estate is the only thing that Chinese citizens are legally allowed to invest their earnings in. And it has been a disaster. Millions of people have lost their life’s savings.
Those houses all over China that have second stories that are unfinished are because people could get more money from the government if they built a second floor on a house, but the benefit only required that you begin building it. You didn’t have to finish it.
And those ghost cities with their shoddy construction-those are real. Hundreds of millions of Chinese invested in that market, thinking they could buy property to either use or rent out, and it is uninhabitable.
When people planned to protest this at the big banks in China back in 2020-2021, the government (monitoring their every move) sniffed out their plans, and overnight when they were supposed to leave the next day to travel to the protests, their QR codes signifying COVID health changed from green to red. They were unable to get on busses, trains, planes, drive their cars, buy food, rent a room, or even leave their houses.
This is what our Deep State based government would do to us if we let them. Thank God for President Trump and his administration.
Every talking head has a “story”
“Despite the growing concern among Americans regarding inflation”
Core PCE inflation went down from 2.9 to 2.8 percent last month. Where is the evidence of a “growing concern” about inflation? It does not exist. The left are such habitual liars that it is fun to listen to the whopping lie of the day. They all get together at 8 pm each night and concoct tomorrow’s lie. “j6 pipe bomber was MAGA”, then “Epstein mentioned Trump’s name” then “Hegseth killed fisherman in the water”, on and on forever.
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