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Peter’s Blog

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Posts Tagged: “stimulus

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February 11, 2021Peter's Podcast

Peter Schiff: The Federal Reserve Has Handed the US Government a Blank Check

On Wednesday, Federal Reserve Chairman Jerome Powell called for a “society-wide” commitment to reaching full employment, calling for “contributions from across government and the private sector.” He said getting people back to work would require “continued support from both near-term policy and longer-run investments.” He also dismissed concerns about debt saying the focus needs to […]

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December 23, 2020Peter's Podcast

Peter Schiff: Government Sedating the Economy With Stimulus

President Trump threw a wrench into coronavirus stimulus relief, calling the massive spending bill “a disgrace” and threatening to veto the legislation if Congress doesn’t go back and up the individual checks from $600 to $2,000. It remains unclear how the politics will play out. House Speaker Nancy Pelosi tweeted “Let’s do it!” putting pressure […]

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December 22, 2020Key Gold Headlines

Stimulus for Everybody! (Just Not You)

The US government is stimulating everybody. Just not you. Congress finally pulled together a stimulus deal. Both houses of Congress passed the $900 billion measure. It ranks as the second-largest “stimulus” bill in history, only behind the CARES Act passed earlier this year.

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October 27, 2020Peter's Podcast

Peter Schiff: Sooner or Later Every Bubble Finds Its Pin

Stocks sold off Monday as markets fretted over the lack of progress on stimulus and a rise in COVID-19 cases. In his podcast, Peter talked about the sell-off and the political dynamics driving the markets right now. He also drove down to a question nobody seems to want to grapple with: why are the markets […]

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