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INSANE: Peter schiff | Vintage Vibes

Trump promise of $5,000 for US citizens after midterms decried as ‘bribery’

Critics react to bid for Republican votes with incredulity and point to potential $1.2tn cost atop existing national debt

The Guardian - US

Newsom Calls Trump's $5K Promise 'Taxpayer-Funded Blood Money' and Accuses Him of Trying to Buy Votes

Trump's $5,000 payment proposal raises questions about funding and legality, with critics like California Governor Gavin Newsom labelling it as a vote-buying tactic ahead of the midterm elections.

International Business Times UK

Peter Schiff Warns Gold Above $4,600 Signals a 'Full-Blown' US Debt Crisis

Peter Schiff argues that rising gold prices and Treasury yields indicate waning confidence in US inflation control, predicting a sustained gold rally alongside a weakening US dollar.

International Business Times UK

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Patty Murray Rips Truth Social Play: ‘There Is No Get-Rich-Quick Scheme Trump Won’t Try’

Sen. Patty Murray (D-Wash.) accused President Donald Trump of turning his Truth Social posts into a "get-rich-quick scheme" by selling early access to his content.

Benzinga

Exclusive: Marjorie Taylor Greene Warns Social Security Will Go ‘Bankrupt’—But Wall Street CIO Backs Scott Bessent Amid 30-Year Yield Surge

As the U.S. 30-year Treasury yield surged past 5.27%—reaching levels not seen since 2007—former Congresswoman Marjorie Taylor Greene voiced concerns over expanding national deficits, warning that Social Security will go “bankrupt in 2032.” However, prominent Wall Street figure Louis Navellier dismissed fiscal panic, backing U.S. Treasury Secretary Scott Bessent and…

Benzinga

Peter Schiff Says Kevin Warsh Talks About 'Fighting' Inflation, but He Is 'Creating' It: 'If the Fed Was Serious...'

Veteran economist Peter Schiff said Federal Reserve Chair Kevin Warsh‘s inflation-fighting rhetoric doesn’t match the central bank’s actions after the Fed’s balance sheet jumped by more than $11 billion last week.

Benzinga

Kevin Warsh's Fed Faces Split Verdict on Inflation Data: Sahm Notes 'Good News,' Schiff Says Calls Out 'Misleading' CPI Rise

July’s consumer price index (CPI) report drew conflicting interpretations from economists on Wednesday, as the same data was read as a sign of disinflation, a case against current Fed policy, and grounds to question the numbers themselves.

Benzinga

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Rand Paul Says ‘Affordability’ Crisis Is Really Inflation, Blames $2 Trillion Deficit and Fed Money Creation for Rising Costs

Sen. Rand Paul (R-Ky.) argued that Americans’ affordability concerns are fundamentally an inflation problem, pointing to the federal deficit and Federal Reserve monetary policy as major drivers of declining purchasing power.

Benzinga

Rand Paul Inspects Fort Knox Gold, Says Dollar’s 97% Collapse Since 1913 Is Behind America’s 'Affordability' Crisis: 'The Real Point Is...'

Sen. Rand Paul (R-Ky.) toured Fort Knox to inspect the gold reserves on Monday, voicing concerns over the diminishing purchasing power of the dollar.

Benzinga

Peter Schiff Slams Trump’s $100K Truth Social Early-Access Deal Despite Voting for Him: '… Makes My Criticism More Credible'

On Monday, economist Peter Schiff criticized President Donald Trump’s Truth Social early-access service, arguing that selling faster access to potentially market-moving presidential posts is hardly standard practice.

Benzinga

Peter Schiff Warns $39.8 Trillion US Debt Is Trapping Fed in Rate-Hike Dilemma: ‘The More Important It Becomes to Raise Rates’

Economist Peter Schiff warned that America’s mounting national debt could leave the Federal Reserve caught between keeping interest rates high enough to contain inflation and keeping borrowing costs manageable.

Benzinga

JPMorgan Says Fed Chair Kevin Warsh's Shaky Press Conference Could Force a Rate Hike Before Year-End: 'The Market Didn't Like What It Heard...'

JPMorgan economists criticized Fed Chair Kevin Warsh’s recent FOMC performance, saying a lack of forward guidance and shifting inflation targets created uncertainty and destabilized bond markets.

Benzinga

Chuck Schumer Calls Trump 'The Most Corrupt President' Over Truth Social's $100,000-a-Month Early-Access Feed: 'If This Were the CEO Of...'

Senate Minority Leader Chuck Schumer (D-N.Y.) criticized President Donald Trump over claims that trading firms are paying for early access to his Truth Social posts, arguing that similar conduct by a private company executive could trigger serious legal consequences.

Benzinga

Peter Schiff Points to Trump's 'Lowest Ever' Approval Ratings Amid Soaring Inflation, Iran War — Odds Of Impeachment Remain High on Prediction Markets

Economist Peter Schiff highlighted President Donald Trump’s rapidly declining approval rating on Sunday, framing it as a reflection of the hardships facing average Americans.

Benzinga

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Reason

The Bond Market Is Unhappy With the Federal Reserve's Unwillingness To Fight Inflation

The 30-year U.S. Treasury bond just hit its highest yield level since 2007.

Benzinga

Peter Schiff Says the AI Bubble Has 'a Lot More Air' Left to Come Out Amid SPCX Decline

Economist Peter Schiff has reaffirmed his view that the U.S. stock market is in the midst of an artificial intelligence-induced bubble, as Elon Musk-led Space Exploration Technologies Corp. (NASDAQ:SPCX) continues its downward trend.

Benzinga

SPCX Falls More Than 50% From Lifetime High, Peter Schiff Calls It ‘Dangerous’ to Buy Into Hype

Economist Peter Schiff has cautioned against rushing to invest in the hype surrounding a stock, outlining Elon Musk-led Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) recent decline as an example.

International Business Times UK

'I Wish I Was Rich Enough': Peter Schiff Mocks Elon Musk After Brutal $100 Billion Weekly Loss

Peter Schiff comments on Elon Musk's $100 billion wealth loss amid Tesla and SpaceX's market struggles, highlighting the volatility of tech wealth and investor sentiment.

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news in one place.

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International Business Times UK

'AI Isn't a Bubble, AI Stocks Are': Peter Schiff Warns as SpaceX Drops 46% From Peak

Peter Schiff warns that an AI bubble may have already burst, as SpaceX and other frontier AI models face stiff competition from the newly-launched Kimi K3 model from China's Moonshot AI startup.

Benzinga

Bill Ackman Says 'Never Bet Against Elon' Amid SpaceX's Decline, Explains Why Pershing Square Doesn't Own SPCX

Investment firm Pershing Square Inc. (NYSE:PS) founder Bill Ackman has backed Elon Musk and Space Exploration Technologies Corp. (NASDAQ:SPCX), calling the commercial space flight company a “very interesting business.”

Benzinga

Peter Schiff Says AI Stock Bubble Has Popped Amid SPCX's Decline: 'The Chart Is Not Looking Good'

Economist and Echelon Wealth Partners co-founder Peter Schiff thinks that the artificial intelligence-induced bubble in the U.S. has popped amid Elon Musk-led Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) recent stock decline.

Benzinga

Adam Schiff Accuses Trump of Getting 'Richer Off the Presidency' Amid Reported $100,000 Truth Social Access Plan

Sen. Adam Schiff (D-Calif.) criticized President Donald Trump over a reported plan to sell faster access to his posts on Truth Social, arguing the president could benefit financially from messages that could influence financial markets.

Benzinga

Peter Schiff Leads Chorus of Critics Calling Trump Media's Paid Market Feed a 'Grift' as Senate Democrats Warn of 'Flagrant Corruption'

Economist Peter Schiff led criticism of Trump Media & Technology Group’s (NASDAQ:DJT) planned Truth API, accusing President Donald Trump’s company of selling faster access to market-moving statements.

Benzinga

Peter Schiff Says Scott Bessent Is 'Misinformed' on Gold Certificate Redemption Claim: 'Why Should We Trust' Fort Knox?

Renowned economist Peter Schiff on Wednesday called Treasury Secretary Scott Bessent‘s remarks during an interview about old gold and silver certificates “misinformed,” questioning the secretary’s understanding of U.S. currency history.

Benzinga

Kevin Warsh's Congressional Debut Like a 'Breath of Fresh Air,' Says El Erian, as Schiff Flags Fed Chair's 'False Claim'

Federal Reserve Chair Kevin Warsh‘s congressional debut as Fed chief sparked mixed reactions from economists after he defended the central bank’s independence and cautioned against declaring victory over inflation.

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