Peter Schiff

@PeterSchiff

Chief Economist & Global Strategist https://t.co/X35usGhhgW, Chairman https://t.co/ulhU3vptUb, Founder https://t.co/zB1vZlRBGh, Host https://t.co/XazFnrIREg, Best-selling Author

  1. #1

    I now know that the remarks read by IRS-CI Chief Jim Lee during the press conference announcing the shutdown of my bank were written by Julie Holt, Director of Crime and Fraud Com…

    Peter Schiff @PeterSchiff ·
  2. #2

    Based on newly unredacted IRS emails, it’s clear that the Australian Taxation Office was the driving force behind the IRS effort to get OCIF to shut down my bank as a J5 publicity…

    Peter Schiff @PeterSchiff ·
  3. #3

    The OCIF Commissioner told the IRS she would deliberately delay serving the C&D order until shortly before the press conference to prevent the bank from obtaining an injunctio…

    Peter Schiff @PeterSchiff ·
  4. #4

    I just read the J5’s detailed 6-page communications plan, likely written by the ATO, to use the media to turn its failed Atlantis investigation into a fake success and frame my ba…

    Peter Schiff @PeterSchiff ·
  5. #5

    I just read another unredacted email showing that former IRS-CI Chief Jim Lee, on the morning he spoke at the press conference announcing the closure of my bank, still had no idea…

    Peter Schiff @PeterSchiff ·
  6. #6

    You can buy this set of silver certificates on eBay for $31.99. According to Treasury Secretary Bessent, you can take each set to Fort Knox and claim your five silver dollars. Sil…

    Peter Schiff @PeterSchiff ·
    You can buy this set of silver certificates on eBay for $31.99. According to Tr…
  7. #7

    When asked what the consequences would be if the hundreds of billions of dollars spent by AI hyperscalers never proved profitable, Warsh minimized the economic consequences by say…

    Peter Schiff @PeterSchiff ·
  8. #8

    AI Cash Cows Just Became Cash Vacuums... This Breaks the Bond Market

    Peter Schiff @PeterSchiff ·
  9. #9

    Today, Kevin Warsh was asked specifically what he would do about the inflation problem. The three actions he claimed he would take amount to all talk. Warsh's plan is to convince…

    Peter Schiff @PeterSchiff ·
  10. #10

    Doesn’t it bother you that the current Secretary of the Treasury doesn’t know that the U.S. halted redemption rights on all gold and silver certificates decades ago? If Scott Bess…

    Peter Schiff @PeterSchiff ·
  11. #11

    Of course AI will destroy more jobs than it creates; that’s progress. It means humans won’t have to work as much, as more of what we need will be produced by machines. But for tho…

    Peter Schiff @PeterSchiff ·
  12. #12

    The Trump administration illegally had me banned from Fox News, then committed another crime to cover up the evidence of the first. Trump ran for office promising to protect freed…

    Peter Schiff @PeterSchiff ·
    The Trump administration illegally had me banned from Fox News, then committed…
  13. #13

    New Episode. AI Cash Cows Just Became Cash Vacuums... This Breaks the Bond Market

    Peter Schiff @PeterSchiff ·
  14. #14

    When asked what the Fed would do to specifically help Black workers, I wish Warsh would have replied candidly that Fed policy can't target individuals based on their race. Also, h…

    Peter Schiff @PeterSchiff ·
  15. #15

    Warsh said he prefers using interest rates over the Fed’s balance sheet for monetary policy, as the former doesn't favor one class of people over another. Of course they do. Artif…

    Peter Schiff @PeterSchiff ·
  16. #16

    The biggest problem with Warsh hearing is discussing inflation without a clear understanding of what the word means. If you incorrectly define inflation as rising prices instead o…

    Peter Schiff @PeterSchiff ·
  17. #17

    The most frustrating part of Warsh’s testimony was his failure to hold Congress accountable for its contribution to the inflation problem. By allowing members to complain about in…

    Peter Schiff @PeterSchiff ·
  18. #18

    Warsh said his definition of price stability is price increases small enough that the public doesn't complain. But acceptance of high inflation is no excuse to create it. Price st…

    Peter Schiff @PeterSchiff ·
  19. #19

    Proving it’s business as usual at the Fed, Warsh repeated the false claim that the Fed should refrain from speaking about fiscal policy. Deficit spending is a major driver of the…

    Peter Schiff @PeterSchiff ·
  20. #20

    The only way regime change at the Fed will reduce inflation is if we also get regime change in Congress and the White House. Monetary and fiscal policy have worked hand in glove t…

    Peter Schiff @PeterSchiff ·