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Posts Tagged: “economic bubble“
Schiff w/ Sachs: The Bubble Needs to Pop
Last week, Peter returned to the Sachs Realty Youtube Channel for a wide-ranging interview with Todd Sachs. The two catch up on all the major events since their last meeting, including the election, the growing fault lines in the economy, Bitcoin’s recent surge, and the nature of Social Security.
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Peter Schiff: Powell Can’t Address Stagflation
On Friday, Peter capped off a very newsworthy week, in which the decisive Trump victory shocked the media class and another Fed rate cut was announced. Peter analyzes both events, arguing against the unbridled economic optimism of Trump’s supporters and criticizing Jerome Powell’s stance on Fed independence and his alarming lack of concern for a […]
The Government Can’t Stimulate Us to Prosperity
The economy is booming again – or so we’re told. Trillions in stimulus have juiced consumption and created the illusion of prosperity. But in truth, Americans are simply spending printed money on stuff they didn’t produce. Peter Schiff recently said America’s consumption economy is really a bubble The problem is, economies can’t run on consumption. […]