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The recent Federal Reserve rate hike was supposed to assure us that the US economy is improving. But as we’ve shown, the actual economic data just doesn’t back up the optimism. At best, the economy remains tepid, and Peter Schiff has argued that it is likely heading toward another recession. As a result, Peter doesn’t […]
This article was written by Ron Paul and originally published at the Ron Paul Institute for Peace and Prosperity. Find it here. Stocks rose [last] Wednesday following the Federal Reserve’s announcement of the first interest rate increase since 2006. However, stocks fell just two days later. One reason the positive reaction to the Fed’s announcement […]
In the past week, Peter Schiff released two podcasts, and appeared on CNBC, Fox Business, InfoWars and The Hard Line. The Federal Reserve’s decision to nudge interest rates up and the possible ramifications dominated discussions. Follow these links to jump to the video or article you’d like to see: 1. Schiff Radio Podcast: CNBC Calls […]
Russia and Kazakhstan continued their gold buying spree in November, and Turkey added to its reserves as well. Meanwhile, India is on pace for a healthy increase in gold imports this year.
A paper recently published by the National Bureau of Economic Research found that a large percentage of the increase in college tuition can be explained by increases in the amount of available financial aid. Peter Schiff was saying this as far back as 2012. That summer, Peter appeared on CNBC and debated an economist with […]
The US middle class continues to shrink, squeezed by government policy and an ever-increasing burden of debt. According to a recent Pew Research report, the majority of American adults no longer are part of the middle class. The middle class accounted to 61% of the population in 1971. The most recent figures put the middle […]
Peter Schiff made his regular appearance on InfoWars last Friday. Guest host Paul Joseph Watson talked with him about the Federal Reserve’s rate hike decision and gold’s price movement in response. They also discussed the destruction of the American middle class, the ill effects of minimum wage laws, and the role the Fed will play […]
Peter Schiff’s appearance on CNBC’s Futures Now yesterday was quite different from his interview on Fox Business on Wednesday. CNBC anchors more or less scoffed at his suggestion that the Federal Reserve’s rate hike announcement was simply a strategy to cover the fact that the Fed has almost zero confidence in the United States’ economic […]
Shortly after the Federal Reserve’s rate hike announcement on Wednesday, Peter Schiff appeared on Fox Business alongside Moody’s Chief Economist John Lonski and Fox Business correspondent Charlie Gasparino. For once, everyone seemed to agree with Peter that the Fed’s decision does not actually mean the US economy is truly recovering. As Peter pointed out that […]
The Federal Reserve made its much-anticipated move yesterday, nudging up the key interest rate by a quarter point. Peter Schiff did an interview with The Hard Line on Newsmax TV a short time later, reiterating what he was saying before the Fed’s announcement – the rate hike does not indicate confidence in the US economy. […]
