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.”
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.
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.
Politicians frequently lament inflation and blame it on greedy private actors. What they fail to mention is that they intentionally create inflation to avoid the purported perils of falling prices. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those of Peter Schiff or SchiffGold.
From the national debt to negative jobs reports, data has been piling up that suggests America’s economic bubble is ready to burst. Now, with the Fed’s most recent round of rate cuts moving through the economy, fault lines are appearing in the commercial real estate sector. The following article was originally published by the Mises […]
Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect.
With soaring deficits, soaring debt, and interest payments that can only be made by issuing a debt-based currency on which even more interest will be due, the USD can only possibly be described as an elaborate nation-state level bankster Ponzi scheme.
Peter recently appeared on the Don’t Tread on Anyone podcast hosted by Keith Knight, a heavy hitter in the libertarian space. Keith and Peter discuss one of Peter’s books, How an Economy Grows and Why It Crashes. Their conversation covers the pillars of Austrian Business Cycle Theory, the ethics of regulation, and a whole host […]
On Friday’s episode of the Peter Schiff Show, Peter discusses rising bond yields, government debt, and the economic implications of recent fiscal policies. He critiques the proposed “Department of Government Efficiency,” a recent proposal for the government to load up on Bitcoin, and President-elect Trump’s economic rhetoric. Peter also argues that, despite the Fed’s failure […]