akdave1

[Peter Schiff @PeterSchiff]

Every Fed Chair Promises Price Stability… Then Chooses the Printing Press

New podcast tonight at 9:25pm
https://t.co/MDVvspjoMB

[Black Scout Survival @Black_Scout]

Trump releasing 25 billion to Iran. Just like Obama did. What you say MaGA?

[Black Scout Survival @Black_Scout]

Something Just Changed… Big Time
https://t.co/2GfBkI1WVv

[Black Scout Survival @Black_Scout]

I Knew Elena Moore… This Case Doesn’t Add Up
https://t.co/7DZFMYiDnB

[Black Scout Survival @Black_Scout]

Think it’s time to round up magats

[Black Scout Survival @Black_Scout]

MAGA when asked about Epstein say “but Joe Biden” instead of wanting justice. Proof all of maga is complicit.

[Peter Schiff @PeterSchiff]

Warsh said the Fed is committed to maintaining ample reserves in the system. He also assured that the Fed will deliver price stability. Those statements are mutually exclusive. To deliver price stability, the Fed must drain reserves from the system, as they are already too ample.

[Peter Schiff @PeterSchiff]

Warsh said he'll create multiple task forces to examine monetary policy. We don't need to waste time and money establishing task forces when the problem and the solution are obvious. Inflation is too high as policy is too loose. The Fed must stop enabling reckless fiscal policy.

[Peter Schiff @PeterSchiff]

When the government doesn't want to solve a problem because the solution is unpopular, it establishes a committee to study it. Warsh is now doing the same thing at the Fed. Instead of implementing an unpopular solution, he's establishing multiple task forces to study the problem.

[Peter Schiff @PeterSchiff]

Warsh has a task force for everything and a solution for nothing!

[Peter Schiff @PeterSchiff]

Warsh said the Fed's goal is making economic growth, low prices, & strong employment mutually compatible. The Fed doesn't have to make that happen; it happens naturally under free market capitalism. The reason it doesn't happen is because central banks create too much inflation.

[Peter Schiff @PeterSchiff]

There's a new sheriff in town and he just shot the markets.

[Peter Schiff @PeterSchiff]

STRC closed at $89. Investors who paid $100 last month are down 11%. The current yield for new buyers is 12.92%. If Saylor raises the yield to 13%, he will have to sell even more MSTR at bigger discounts to fund it. If he doesn't raise the yield, the STRC price will keep falling.

[Peter Schiff @PeterSchiff]

$STRC just traded below $89.50. That means that risk-averse retirees whom @Saylor convinced to buy last month are already down over 10.5%, almost an entire year's 11.5% yield. Worse, to bail them out, $MSTR will have to raise the yield to 13%, destroying more shareholder value.

[Peter Schiff @PeterSchiff]

Avoiding those consequences is why Warsh will ultimately make the same choice as his predecessors. Got gold?

[Peter Schiff @PeterSchiff]

Warsh said inflation is a choice. It's the choice the Fed made to spare politicians from having to slash government spending and to bail out investors and homeowners by propping up the price of their assets. So if the Fed chooses to end inflation, prepare for the consequences.

[Peter Schiff @PeterSchiff]

The best question asked at today's Fed press conference was: given the Fed's commitment to price stability, why didn't the Fed raise interest rates today? Warsh refused to answer that question. That's because when it comes to fighting inflation, the Fed will bark, but not bite.

[SchiffGold @SchiffGold]

Can economics explain human action through data alone? A look at Austrian economics, empiricism, and first principles.

https://t.co/NyZKOjzvSo

[Peter Schiff @PeterSchiff]

This Schiff Sovereign Plan-B Panama event is selling out fast. Don't miss your opportunity to grab a spot before they're gone. The stakes have never been higher, so the timing has never been better. https://t.co/U8hEroHybm

[SchiffGold @SchiffGold]

What conditions create world-changing companies? A look at innovation, regulation, and the importance of going from zero to one.

https://t.co/O8O2mUwNd1