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Posts Tagged: “Social Security“

Peter Schiff: The Crypto Reserve is Just Another Bailout
In Sunday’s podcast, Peter covers the Trump administration’s latest crypto scheme, devoting much of the episode to his announcement of a US strategic crypto reserve. He explains why the justification for such a reserve falls apart under scrutiny and argues crypto is a distraction from more pressing matters, like tariffs and entitlement programs.

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Schiff on Market Misbehavior: The Economy Needs Rehab
Last week, Peter was in New Orleans for the New Orleans Investment Conference, where he was a featured speaker. During the event, he also appeared on Market Misbehavior with David Keller to talk politics, monetary policy, and America’s future in a changing global landscape.

New Peter Schiff Interview: We’re Paying the Price for Deficits
Last week, Peter was interviewed on Speak Up with Anthony Scaramucci. In their conversation, they covered a wide range of important topics, including inflation, the fate of the dollar, and the trade-offs between gold and cryptocurrency.

Social Security Increase for Inflation Could Lead to More Inflation
Social Security recipients will be getting a big raise in 2023. That’s good news if you’re receiving benefits from the program, but not so great if you’re hoping inflation will abate any time soon. The Social Security Administration recently announced an 8.7% cost of living adjustment (COLA) for next year. That goes on top of […]

The Fed’s Artificially Low Interest Rates Are Eating Away at Social Security
The Federal Reserve has held interest rates artificially low for decades. This causes all kinds of distortions and misallocations in the economy. And it’s creating quite a problem for the Social Security Administration.

Inflation Eats Up Social Security Benefits
A lot of people have a vague sense that too much inflation might be a bad thing. But in a world where central banks and governments promote and implement policies intended to increase inflation by 2% annually, most people don’t seem to really understand just how much inflation erodes their purchasing power over time. After […]

Social Security and Medicare — Still Going Broke
Last year, the Social Security and Medicare trustees warned that the programs are going broke. A year later — they’re still going broke. Social Security will dip begin dipping into reserves in order to pay out benefits next year and those reserves will run dry in 2035, according to the annual Social Security and Medicare […]
The Federal Government’s Fiscal Train Wreck: SchiffGold Friday Gold Wrap 06.08.18
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.

Social Security and Medicare Going Broke Even Faster than Projected
Are you depending on Social Security and Medicare for your retirement? You might want to rethink that plan. These government retirement programs are going broke even faster than expected.