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Economist Peter Schiff blasted the media aversion to acknowledging that the ongoing banking turmoil is in fact a “financial crisis” that could be worse than 2008. Schiff highlighted America’s record high credit card debt and the failing banks and noted that it wasn’t a coincidence that “both the borrowers and the lenders are broke.” The “reason for that,” said Schiff on the March 21 edition of One America News’ Real America with Dan Ball, “is the Fed. The Fed kept interest rates artificially low for more than a decade, encouraging people to go deeper and deeper into debt and banks...

Love him or hate him, but stock broker and gold proponent Peter Schiff does make a very compelling observation: consumers are paying for huge government via the inflation tax, and the only way to slow down runaway consumer prices is to aggressively hike rates and strongly cut back on fiscal spending. Schiff took to his blog to express grievances with the state of the US economy, and the detrimental impact of soaring inflation on Americans’ incomes. “I think we’re not in recession, which was something that I had been predicting. So, inflation got stronger as the economy got weaker. And...

@PeterSchiff #Democrats accusing the #SupremeCourt of taking away rights by overturning #Roe are hypocrites. Through their laws and regulations they have already destroyed the right to privacy, as well as many other rights secured by the Constitution, including the right to make many choices. @goldseek Replying to @PeterSchiff If you survive a pro choicer, odds are high that you are most likely going to find they want to steal away many of your rights the second you start breathing. @PeterSchiff Replying to @goldseek Correct, the only right they seem to care about is the right to an abortion. When it...

Peter Schiff latest interview on economy, money printing, taxes, inflation and more. Audio... [6:29]

As expected, the March Consumer Price Index was smoking hot with a 1.2% month-on-month increase and an 8.5% annual gain. But the mainstream found a silver lining in the numbers. Core inflation wasn’t quite as high as expected leading many to conclude that we’ve reached “peak inflation.” In his podcast, Peter Schiff said this is just wishful thinking. The March CPI reflected the first impacts of the Russian invasion of Ukraine and the spiking oil prices that followed. Although the CPI was slightly above the consensus expectation, many thought it would surprise to the upside. Peter said some people were...

Economist Peter Schiff slammed President Joe Biden’s inflation crisis and emphasized it’s much worse than people even realize.

PODCAST:Bad presidents do not deserve to be honored on Presidents Day. George Washington was the greatest American in history. Joe Biden avoids taking questions to avoid giving stupid answers. Government’s solution to the energy crisis will be rearranging the deck chairs on the Titanic. NATO should have been disbanded with the fall of the Soviet Union. Bitcoin leads risk assets lower, in the opposite direction of gold. Markets are reacting more to inflation fears than concerns over Russia and Ukraine. Buying Bitcoin is better than shorting gold. Hex Coin scam epitomizes the problems with Bitcoin.

After CPI came in hotter than expected yet again in January, Peter Schiff appeared on Fox Business along with Chief Investment Officer and Portfolio Manager of Solutions Funds Group Larry Shover. Peter said that the inflation tsunami is just getting started and the Fed is powerless to fight it. With the hot inflation print for January, the markets are now pricing in a 50 basis point rate hike in March. Peter said that won’t be enough. “If we still measured inflation the way we did 40 years ago, it would be 15%, not 7.5%. And the rate hikes they’ve proposed...

Peter Schiff discusses whether the current inflation will turn into hyperinflation and how to protect your savings and investments. The Rob Schmitt Show on Newsmax 1/11/22. Segment...

Inflation in the US is at historically high levels.(Peter Schiff and Tucker Carlson Discuss the Worst Inflation in US History)So, why hasn’t gold taken off? We hear this question over and over again. In this video, Peter Schiff answers this question and explains why the markets will eventually wake up to their misperception. That’s the key word – misperception. Taper tantrums and fear of Fed rate hikes have distorted perception in the markets. People are selling gold when they should be buying gold on the dips. And at the root of this misperception is the market’s focus on nominal interest...

How are the dollars and cents of your life changing as we move into 2022? Peter Schiff joined University of Miami Business School Dean John Quelch and host Holland Cooke on RT’s “Big Picture” to talk about the year ahead. Peter left us with an ominous warning. 2022 will be worse than 2021 as inflation continues to mount. The first question posed to Peter was have Americans’ prospects for prosperity become less likely? Peter said he thinks they’ve diminished dramatically and will get even worse as the decade progresses. He pointed out that in the 50s, Americans had much more...

Tucker Carlson had economist Peter Schiff on his show to discuss the current state of Biden’s economy.Trending Politics reported:Tucker leads the conversation by noting that CPI rose by nearly 7% year over year in November, the highest inflation in decades. While that’s bad enough, Schiff responded by noting that CPI probably isn’t even the right measure of inflation, with the true inflation number being far, far higher. In his words:In fact, one of the ways the Fed has been able to justify creating more inflation is because they claimed we didn’t have enough of it. But the only reason we...

@PeterSchiff Don't miss my appearance on @TuckerCarlson tonight at 8PM EST. We'll be discussing #inflation and why it's about to go from bad to much worse!

Consumer Price Index (CPI) data for April came in much hotter than expected. Year-on-year, inflation is up 4.2%. The big number even prompted Federal Reserve Vice Chairman Richard Clarida to say, “We were surprised by higher than expected inflation data.”Peter Schiff appeared on Tucker Carlson’s show to talk about the consequences of more printed money chasing fewer goods. Peter said inflation is going to hit the middle class harder than the pandemic.Peter said this hot CPI print is a cause for concern and ultimately it is a tax.It is the inflation tax. And if you look at how much the...

Tucker Carlson and Peter Schiff discuss the consequences of more printed money chasing fewer goods. Recorded 5/12.21 on Fox News. Video...

@PeterSchiff If it's racist to require ID to #vote, then it's also racist to require ID to open a bank account, buy a gun, rent a car, check into a hotel, enter a bar or board an airplane. If you're not smart or responsible enough to get an ID, then you're too dumb or irresponsible to vote!

@PeterSchiff As of now I am scheduled to be on Fox News at 8:50 PM EDT with @TuckerCarlson. We will be discussing #inflation, what it means for the typical American family, and why the #Fed has put itself into a position of having to let the inflation fire burn rather than try to put it out.

@PeterSchiffPres. @realDonaldTrump got off easy with 60 Minutes. It's nothing compared to what 60 Minutes Australia did to me. I only wish I had my own recording to show the interview that actually took place, rather than the one they pretended took place. My Youtube response is later today. ----------------------------------------------- A lesson learned, perhaps? Apparently Schiff walked out on them when they accused him of money laundering etc. This is what it's based on.. Article from the NYT (19th Oct). Likely a hit job (i've not read it all yet). Chasing Illicit Money, Global Officials Circle a Puerto Rico FirmPeter...

A big Federal Reserve meeting is coming up. Here is one thing that could happen if the Fed gets too aggressive. Despite its independence, the Federal Reserve may quietly want a bear market that takes down a president that loves tweeting about the stock market. Peter Schiff, CEO of Euro Pacific Capital, told TheStreet the "[Janet] Yellen put" in the markets could expire under President Trump. "I don't know if the Fed has much love for Trump," he said, adding that the Fed had the markets' back during the Obama Administration. "Maybe the Fed would be happy to see a...

The impending economic collapse is hidden from most. People only see a rising stock market, not the negative underlying factors that will cause the whole system to crash. The weakening of the U.S. dollar is just getting started, warned veteran market forecaster Peter Schiff, CEO of Euro Pacific Capital. “We have just begun a major, long-term bear market in the dollar,” he said, which should cause a spike in oil prices. He thinks oil will reach $80-$100 a barrel in 2018. The commodity currently trades at roughly $63 a barrel. Shiff focuses on oil as just one example of the...