Tax Cuts Won’t Cut It

By Peter Schiff Congressional Republicans and Democrats are engaged in a heated debate over which Americans deserve not to have their taxes raised, with both claiming that some form of tax cut will stimulate the economy. The primary point of divergence is what type of cuts will be most likely to get Americans spending, and [...]

Steve Forbes Endorses Peter Schiff for U.S. Senate

Schiff Locks Up Forbes Endorsement Economy Expert Receives Backing from Media Mogul MILFORD, CT – Steve Forbes, a staunch defender of the free-market and one-time Presidential candidate, today endorsed Peter Schiff’s bid for U.S. Senate in Connecticut. “I have known Peter Schiff for several years. He has a deep knowledge of finance and economics,” said [...]

Peter Schiff: Washington Rewards Wall Street Fat Cats – Again

schiffforsenate.com Washington did it again. Last week the Senate passed a financial overhaul that balloons the role of government while suffocating small businesses. It’s Washington theatrics at its worst, and I’ve had enough. Instead of punishing the fat cats, Washington has given them the opportunity to feed off the American taxpayer and grow even fatter. [...]

Inflation Causing Decline in U.S. Standard of Living

National Inflation Association The Bureau of Labor Statistics (BLS) today released their Consumer Price Index (CPI) report for the month of April, which showed year-over-year price inflation of 2.24%. This was down from March’s year-over-year increase of 2.31%. As discussed in NIA’s new documentary ‘Meltup’, which has now surpassed 309,000 views in less than one [...]

On China’s Currency: To Peg or Not to Peg?

By Peter Schiff While I attended an economic conference last week in Shanghai, I found it notable — but not surprising — that two former Secretaries of the Treasury, John Snow and Hank Paulson, as well as current Treasury Secretary Tim Geither, and former President George W. Bush were then in the country at the [...]

Krugman Strikes Again

By Peter Schiff In a commentary two weeks ago, I rebutted dangerously silly arguments put forward by New York Times columnist Paul Krugman about how the United States should pressure China to drop its support for the U.S. dollar (click here to view). Although there is far more happening in the world outside of Mr. [...]

The Fed’s Last Hurrah

By Peter Schiff During the 1990s, inflationary Federal Reserve policy fueled a tech stock bubble. When that bubble burst, the Fed inflated a larger one in real estate. Now that the real estate bubble has burst, the Fed is inflating the biggest bubble of them all — a bubble in government. While the earlier booms [...]

Paul Krugman vs. Reality

By Peter Schiff In his latest weekly New York Times column, Nobel Prize-winning economist Paul Krugman put forward arguments that were so nonsensical that the award committee should ask for its medal back. Recent rhetoric from Washington has put the economic relationship between the U.S. and China squarely on the front burner, and Krugman is [...]