Peter Schiff: COVID Isn't the Reason Markets Got Sick

Bitcoin gets skipped over in investors’ rush to safe havens. 

Gold mining stocks have never been a better deal. 

Fiscal stimulus without monetary stimulus is no longer possible. 

Bitcoin has a sucker’s rally after getting comfortable below $30k.

- Source, The Schiff Report

Schiff: PBS Frontline Misses the Fed's Real Power to Destroy

The power to inflate is the power to destroy. 

Fed ensures most Americans are living on the edge. 

Quantitative Easing is just another word for government debt monetization. 

We’re always just one bubble away from the next financial crisis.

Government creates a moral hazard with every subsidy it gets involved in. 

Power is most dangerous when it’s not understood by those wielding it.

- Source, Peter Schiff

Peter Schiff: Fed Bets the Farm on Transitory Inflation

Government data says inflation worse than the 80s; real data says inflation already worse than the 70s. 

Hypocritical Republicans criticize Biden for the same policies they pushed for under Trump. 

Jerome Powell claims economy is great, but it needs the same amount of stimulus as when it was crashing. 

Fed claims to have the tools to fight inflation if it gets too high, but not using them now proves they don’t. 

Powell admits people aren’t working because they’re being paid not to.

- Source, Peter Schiff

Peter Schiff: Everything Is Awesome Because the Fed Says So

Bond market sells off for opposite reason it rallied a week prior. Institutions are not rushing in to buy Bitcoin. 

Huge Socialist agenda moving forward using covid as the excuse. 

Biden vows to grow government and use it against entrepreneurs and small business owners. 

We’ve barely begun to pay the piper for all the inflation the Fed has created.

- Source, The Schiff Report

Political Hypocrisy on Inflation Lets Fed Escape Blame

Fed triples its estimated duration of transitory inflation. 

Republicans have no credibility to criticize government spending and money printing. 

Fed vows to make the rich richer and the poor poorer by focusing on employment rather than inflation. 

Jerome Powell refuses to acknowledge whether being paid more to not work discourages employment.

- Source, Peter Schiff

Peter Schiff: Investors Call Bullard Bluff

Markets begin to comprehend the Fed’s powerless against inflation. Oil prices may put the nail in the coffin of transitory inflation. 

Crypto traders unload their Bitcoin on Microstrategy.

Microstrategy’s diamond hands are made of glass.

- Source, Peter Schiff