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Trump Can't Impose Tariffs On China, Says Peter Schiff: 'He Can Only Impose Tariffs On Americans Who Buy Chinese Products'
Wednesday, October 16, 2024 - 9:30pm | 798Peter Schiff, a renowned economist and financial commentator, has expressed his views on former President Donald Trump’s tariff strategy, advocating instead for lower taxes and fewer regulations. What Happened: On Wednesday, Schiff took to X to criticize Trump’s approach to tariffs,...
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Trump Says He Will End Taxes On Overtime Pay, But Economist Peter Schiff Says There Is A Fly In His Ointment
Thursday, September 12, 2024 - 9:21pm | 674Former President Donald Trump has suggested the removal of taxes on overtime wages for individuals working beyond 40 hours a week. This proposal is part of Trump’s tax reduction strategy if he secures re-election. What Happened: Trump announced this proposal at an Arizona rally, stating that...
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Peter Schiff Blasts Jerome Powell For Not Seeing The 'Stag' In Stagflation: 'Same Type Of Blindness' That Lead To 'Inflation Is Transitory' Misstatements
Wednesday, May 1, 2024 - 9:48pm | 673Renowned economist Peter Schiff has expressed skepticism over Federal Reserve Chair Jerome Powell’s dismissal of stagflation concerns. What Happened: In a post on X, formerly Twitter, on Wednesday, Schiff criticized Powell’s inability to recognize the signs of stagflation. He compared...
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Fierce Bitcoin Critic Peter Schiff Warns 'An Even Bigger Crash Likely Lies Ahead' For King Crypto
Tuesday, March 19, 2024 - 7:47am | 656Renowned economist Peter Schiff has issued a warning to Bitcoin (CRYPTO: BTC) holders, predicting a larger crash in the cryptocurrency’s value. What Happened: In a tweet on Monday, Schiff reminded Bitcoin holders of the currency’s significant drop in value from November 2021 to a year...
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Peter Schiff Mocks Bitcoin's Surge Beyond $50K, Attributes It to 'Four-Day' Super Bowl And Valentine's Day Exuberance: 'I Wonder When the Massacre Will Begin'
Monday, February 12, 2024 - 9:03pm | 702Peter Schiff, a renowned economist and a critic of Bitcoin (CRYPTO: BTC), has voiced concerns over a potential pump-and-dump scenario in the cryptocurrency market, coinciding with the “ongoing four-day conference” that began on Super Bowl Sunday. What Happened: Schiff’s post on X...
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Peter Schiff Says Spot Bitcoin Approval Means 'Eleven More Ways For Speculators To Place Their Bets'
Wednesday, January 10, 2024 - 9:11pm | 1126Noted economist Peter Schiff, in a recent post on X, expressed skepticism over Bitcoin’s (CRYPTO: BTC) real-world utility, likening it to a gamble. His tweet came amidst the approval of Bitcoin Spot ETFs by the Securities and Exchange Commission. What Happened: On Wednesday, Schiff, took to...
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Peter Schiff Says Bitcoin Speculators Expect A Rally But 'Hard To Believe The Market Will Deliver' After Fake News Pump: 'Better To Sell Today'
Tuesday, January 9, 2024 - 9:15pm | 811Noted economist Peter Schiff cautioned that the much-anticipated Bitcoin ETF approval rally may not meet speculators’ expectations and that it would be “better to sell today.” What Happened: Schiff, in a tweet on Tuesday, noted the volatility of Bitcoin (CRYPTO: BTC) following a...
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Peter Schiff Challenges Prevailing Economic Optimism With 2024 Recession Forecast, Says High Inflation To Return With A 'Vengeance'
Wednesday, December 27, 2023 - 9:02pm | 415What Happened: Noted economist Peter Schiff recently expressed his concerns about the economy in 2024. He predicts that the Federal Reserve‘s efforts to restore price stability will backfire, leading to a recession and a resurgence of high inflation. Investors are convinced the #Fed has...
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Peter Schiff Criticizes Fed's Rate Cut Plans Amid Weakening Dollar: 'This Couldn't Come At A Worse Time'
Thursday, December 21, 2023 - 9:12pm | 685In a recent tweet, Peter Schiff expressed concern over the declining U.S. Dollar Index and the Federal Reserve’s plans for interest rate cuts. Schiff’s tweet, posted on December 21, highlights the potential inflationary impact of these rate cuts, especially given the current technical...
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Peter Schiff Calls Out Jerome Powell Over Rate Cut Reversals: Fed Chair Knows 'CPI Will Never Return To 2%'
Wednesday, December 13, 2023 - 9:48pm | 1038Peter Schiff, a well-known economist, criticizes Federal Reserve Chair Jerome Powell for his apparent shift in stance on interest rate cuts. This comes after recent Federal Reserve meetings signaling potential rate reductions. What Happened: On Tuesday, Schiff took to X, formerly Twitter, to...
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Peter Schiff Slams Powell's Outlook On CPI, Says 'Inflation Will Stay Well Above Fed's 2% Target'
Wednesday, November 1, 2023 - 9:44pm | 622Peter Schiff, a well-known gold bull, recently challenged Jerome Powell’s claim that inflation is a consequence of consumer expectations, highlighting the role of excessive government spending and deficits. What Happened: On Tuesday, Schiff took to Twitter to question Federal Reserve Chair...
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Peter Schiff Issues Dire Warning Amid Rising Treasury Yields, Cites 1987 Stock Market Crash: 'The Current Rate Rise Is A Much Greater Risk'
Wednesday, October 25, 2023 - 9:11pm | 659Economist Peter Schiff has fired a warning shot at investors, drawing parallels between the current market conditions and the 1987 stock market crash. What Happened: In a recent tweet, Schiff compared the current rise in Treasury yields to the situation in 1987 when the yield on 10-year Treasuries...
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Peter Schiff Foresees A 'Trifecta Of Doom' — Gold Bug Warns Of Entrenched Inflation And Loss Of Confidence In The US Economy
Tuesday, October 17, 2023 - 9:19pm | 949Acclaimed economist Peter Schiff warned Tuesday about the potential impact of a rise in bond yields, oil, and gold. He referred to this as a “trifecta of doom,” indicating an entrenched inflation and dwindling confidence in the Federal Reserve and the U.S.’s fiscal solvency. #...