Peter Schiff

May Inflation Rate at Four-Decade High of 8.6%

Experts' predictions of 8.3% were outpaced with an actual 8.6% increase.

Financial Markets Brace for Stagflation as Global Growth Optimism Sinks

Waning optimism over global economic growth prospects and rising stagflation fears have prompted investors to seek shelter in investment hedges.

U.S. Trade Deficit Hits Historic $1 Trillion Under Biden Economy

U.S. trade deficit in goods surges to record high.

SCHIFF: Money Printing Is Destroying the Value of the Dollar

Peter Schiff: The Fed Cheats To Avoid Getting An ‘F’ On The Economy (Video)

A lot of the economic data that came out last week looked pretty good. GDP growth came in big in the first quarter. Personal income rose by a record amount in March. The mainstream spun it all as positive, raving as if the economy is earning an ‘A.’

Dysfunctional US economy propped up by countries supplying it with goods it can’t produce itself – Peter Schiff

America has turned into a consumption economy, according to veteran stockbroker Peter Schiff, who points out that economies can’t run on consumption because then they become “bubble economies.”

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