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Economist Peter Schiff Warns About a New, Incoming Great Depression Crisis, Criticizes Misleading Inflation Numbers

Economist Peter Schiff Warns About a New, Incoming Great Depression Crisis, Criticizes Misleading Inflation NumbersPeter Schiff, best-selling author and chief economist of Europac, has warned about the coming of a new great depression period in America. In an interview, Schiff stated that official Consumer Price Index (CPI) numbers were designed to mislead the public and that the country was going to face a depression worse than the one it […]

Will Ethereum price bottom at $1.6K?

Economist Peter Schiff Says ‘Nobody’s Money Is Safe in Any Bank’ — Warns of Financial Crises, Depressions

Economist Peter Schiff Says ‘Nobody’s Money Is Safe in Any Bank’ — Warns of Financial Crises, DepressionsEconomist Peter Schiff expects a lot more banks to fail, warning that “nobody’s money is safe in any bank.” He stressed: “When the Fed sets interest rates too low and prints a lot of money … it unleashes massive inflation, creates tremendous economic imbalances that result in financial crises and depressions when the bubbles burst.” […]

Will Ethereum price bottom at $1.6K?

Economist Peter Schiff Warns of Stagflation in US Economy — Says ‘It’s Going to Get Worse’

Economist Peter Schiff Warns of Stagflation in US Economy — Says ‘It’s Going to Get Worse’Economist Peter Schiff has warned that the U.S. economy is facing stagflation and the situation is going to get worse. “Not only is the economy weakening, but inflation is strengthening,” he stressed, emphasizing: “You have the worst of both worlds.” U.S. Economy and Stagflation Economist and gold bug Peter Schiff warned about the U.S. economy […]

Will Ethereum price bottom at $1.6K?

Satoshi’s Last Emails: ‘Make It About the Open-Source Project,’ Economist Predicts ‘Catastrophic’ Fall in US Living Standard, FRC Shares Plummet, and More — Week in Review

Satoshi’s Last Emails: ‘Make It About the Open-Source Project,’ Economist Predicts ‘Catastrophic’ Fall in US Living Standard, FRC Shares Plummet, and More — Week in ReviewAnother week has passed in the world of crypto and finance, with the anniversary of Bitcoin creator Satoshi Nakamoto’s last known emails, predictions of massive declines in Americans’ standard of living, and important developments at the struggling First Republic Bank. All this and more just below, in the latest Bitcoin.com News Week in Review. The […]

Will Ethereum price bottom at $1.6K?

Economist Peter Schiff Warns US Will Default on Its Debt — Raising Debt Ceiling Will Make Problem Worse

Economist Peter Schiff Warns US Will Default on Its Debt — Raising Debt Ceiling Will Make Problem WorseEconomist Peter Schiff has warned that the U.S. will default on its debt obligations. He further stressed: “All the bad stuff that they’re saying is going to happen if we don’t raise the debt ceiling is guaranteed to happen because we do raise the debt ceiling.” Peter Schiff on U.S. Debt Default Economist and gold […]

Will Ethereum price bottom at $1.6K?

Economist Peter Schiff Warns ‘Death Blow’ Coming for US Dollar — USD to Lose Reserve Currency Status

Economist Peter Schiff Warns ‘Death Blow’ Coming for US Dollar — USD to Lose Reserve Currency StatusEconomist Peter Schiff has warned that a death blow is coming for the U.S. dollar and the USD will lose its global reserve currency status in this financial crisis. “People are still reluctant to call it a financial crisis, but that’s exactly what it is, except it’s bigger in scale and it’s going to be […]

Will Ethereum price bottom at $1.6K?

Economist and Political Scientist Refute Claims of US Dollar’s Demise Despite Trend of De-Dollarization News

Economist and Political Scientist Refute Claims of US Dollar’s Demise Despite Trend of De-Dollarization NewsThis year, there has been a flurry of news reports and opinion editorials discussing an alleged de-dollarization trend amid a wave of disclosures associated with the BRICS bloc. In a recent article, the American political scientist and author Ian Bremmer insisted that claims of the U.S. dollar dying are overblown. In addition to Bremmer’s comments, […]

Will Ethereum price bottom at $1.6K?

Peter Schiff Says Banking Crisis Not Over, Much Worse Financial Crisis Incoming — Warns of ‘Massive’ Recession

Peter Schiff Says Banking Crisis Not Over, Much Worse Financial Crisis Incoming — Warns of ‘Massive’ RecessionEconomist Peter Schiff has cautioned that the present banking crisis is the cusp of a much worse financial crisis. “It’s going to get much much worse if you are going to try to dismiss it,” he stressed. Citing the Federal Reserve’s recession forecast, he warned: “Normally the Fed doesn’t forecast a recession. So if they […]

Will Ethereum price bottom at $1.6K?

US Consumer Price Index Rises 0.1% in March, Annual Inflation up 5% From Last Year

US Consumer Price Index Rises 0.1% in March, Annual Inflation up 5% From Last YearOn Wednesday, the U.S. Bureau of Labor Statistics published the Consumer Price Index (CPI) report, which noted that inflation rose 0.1% last month in March and 5% from a year ago. Annual inflation has dropped for nine consecutive months following the nine times the U.S. Federal Reserve raised the federal funds rate. U.S. Inflation Cools […]

Will Ethereum price bottom at $1.6K?

China Keeps Stockpiling Gold, Adds 18 Tons in March to Reach 2,068 Tons in National Reserve

China Keeps Stockpiling Gold, Adds 18 Tons in March to Reach 2,068 Tons in National ReserveThe People’s Bank of China (PBOC) reported an increase in the country’s gold reserves of 18 tons in March, continuing its buying spree. China has consistently added to its gold reserves since November, purchasing more than 100 tons in the last five months. The Asian state now has 2,068 tons in its coffers. China Purchased […]

Will Ethereum price bottom at $1.6K?