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POSTED ON November 10, 2021  - POSTED IN Interviews

Despite government officials and central bankers continuing to peddle the “transitory” inflation narrative, the average American isn’t buying it. They feel the squeeze of rising prices in their wallets. And it’s the average American who is hurt particularly hard by the skyrocketing cost of living. Peter Schiff appeared on the Megyn Kelly show to talk about how inflation really hurts working and middle-class Americans.

POSTED ON August 7, 2018  - POSTED IN Key Gold Headlines

The cost of living continues to ratchet up in the United States.

You don’t need me to tell you this. You probably feel the squeeze in your own wallet. As Peter Schiff pointed out in his most recent podcast, the average wage rate has gone up 2.7% in the last year. Meanwhile, the Consumer Price Index (CPI) has increased by 2.9% during the same period. The CPI almost certainly understates the cost of living, but even if you take that number at face value, Americans are losing ground.

Most people accept inflation as “part of life.” But why? Why do prices steadily increase? As Nick Giambruno put it in an article published by the International Man, “This is all a predictable consequence of the US abandoning sound money.”

POSTED ON May 7, 2018  - POSTED IN Key Gold Headlines

The Federal Open Market Committee met last week. As expected, it left interest rates unchanged. But the FOMC made an interesting comment that indicates that it may be willing to “tolerate” higher inflation.

That might be all well and good for central bank policymakers, but just how willing are you to “tolerate” higher inflation?

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