Powell Says Bitcoin is “Just Like Gold.” Except It’s Not
Jerome Powell recently told reporters that Bitcoin is “like gold—only digital.”
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Jerome Powell recently told reporters that Bitcoin is “like gold—only digital.”
President-elect Trump’s proposed “Department of Government Efficiency” continues to both enrage big government leftists and excite conservatives and libertarians. While there is certainly great merit in shrinking the size and scope of the state, it’s worth remembering that government– by its very nature– cannot be “efficient.” The following article was originally published by the Mises […]
As prices rise and economic uncertainty becomes a daily reality, many Americans are left grappling with the question: how did we get here? With inflation eating away at purchasing power, the need for a sound monetary policy has never been more pressing. In these turbulent times, the insights of Nobel laureate Milton Friedman shine brightly. […]
On Tuesday, Peter joined Josh Jalinski on a live episode of the Financial Quarterback show. Taking questions from both Josh and listeners, Peter discusses several Bitcoin-related topics, Trump’s tariff proposals, and whether or not the government can ever be efficient.
On Wednesday’s episode of the Peter Schiff Show, Peter tackles another round of economic data, critiques a recent interview with Jerome Powell, and circles back to criticism of his last podcast. He also calls out the unconstitutionality of the so-called “exit tax” and its abuse against political dissident Roger Ver.
In post-election America, tariffs still occupy much of the policy debate surrounding the incoming Trump administration. With leftists arguing in bad faith on one side of the issue and economic populists on the other, we can turn to the Austrian school of economics to understand the tradeoffs at play with protectionism. The following article was […]
On his first post-Thanksgiving podcast, Peter tackles another week of economic illiteracy, focusing mainly on a severe tariff proposal floated by President-elect Trump. He also spends time discussing the origins of Black Friday and comments on the motivations of the American electorate in electing Trump.
From all of us at SchiffGold, we hope you had a wonderful Thanksgiving with family and friends! During his holiday vacation last week, Peter offered his thoughts on the economic lessons to be learned from the first Thanksgiving holiday. He spends most of this episode discussing the misguided rhetoric surrounding tariffs and protectionist policies, explaining […]
The United States is grappling with a severe housing affordability crisis that has persisted for years, leaving millions of Americans struggling to keep a roof over their heads. While some argue for increased government intervention, free market principles offer the most effective solution the issue.
The following analysis breaks down the Fed balance sheet in detail. It shows different parts of the balance sheet and how those amounts have changed. It also shows historical interest rate trends.