You Can’t Depend on Politically Crafted Government Data - Ep 983

You Can’t Depend on Politically Crafted Government Data - Ep 983

Critiquing job reports. Questioning the Fed. Scrutinizing data. Inflation methods. Political motives. State preparedness.


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Schiff critically examines the recent jobs report, labeling it as misleading and detailing the implications of government employment statistics. He questions the significance of the Federal Reserve's decisions on interest cuts, given what he considers unreliable government data. Schiff delves into the complexities of inflation reports, expressing skepticism on the methodologies for calculating inflation and unemployment. He also addresses the political motivations behind such statistics. Emphasizing Milton Friedman’s perspective, Schiff highlights government spending as the true measure of taxation and inflation. Additionally, he critiques the inefficiencies of FEMA and advocates for state-level emergency preparedness. Schiff touches on his wife's new music project and encourages support for her band, 'Laughing Cats.' The episode wraps up with Schiff’s comments on upcoming content and a holiday observance note.


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Episoder(1121)

Will The Fed Sacrifice The Recovery Myth To Save The Markets? – Ep.184

Will The Fed Sacrifice The Recovery Myth To Save The Markets? – Ep.184

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3 Aug 201632min

FOMC Upstaged By DNC – Ep. 183

FOMC Upstaged By DNC – Ep. 183

*  Today the Federal Reserve concluded its 2-day FOMC meeting and it announced - surprise, surprise - that interest rates are not going up * But of course the statement was much more important than ...

28 Jul 201629min

Playing The Trump Card – Ep. 182

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* It's official. The unthinkable, according to the status quo earlier in the campaign, Donald Trump is the Republican Nominee * Although many wrote him off as a candidate, I never did; I always said...

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One Quarter-Point Rate Hike Does Not Make Me Wrong – Ep. 181

One Quarter-Point Rate Hike Does Not Make Me Wrong – Ep. 181

* I was in Las Vegas for the Freedom Fest and following that I went to Vancouver for a one-day gold conference * One of the things I wanted to discuss was some discussion about me on the www.kitco.co...

20 Jul 201637min

SchiffGold Joint Venture With GoldMoney

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9 Jul 201659min

Market Reaction To Jobs Report Confirms My Hypothesis – Ep. 180

Market Reaction To Jobs Report Confirms My Hypothesis – Ep. 180

* Today we got the Non-Farm Payroll report for the month of June * Remember the last 2 reports were quite weak and everybody was hoping for a rebound in June to prove that April and May were a fluke ...

9 Jul 201624min

Fed Minutes Reveal The Easing Cycle Has Already Begun – Ep. 179

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* Gold and silver prices continue to march higher * Gold was up another $7 today; it closed at $1363.20 - that is the high for the year * Silver was up .15 at $20.06 * Silver is now going up relati...

7 Jul 201632min

Why Buy Bonds When You Can Buy Gold? – Ep. 178

Why Buy Bonds When You Can Buy Gold? – Ep. 178

* I wish everybody a happy July 4th weekend; U.S. markets will be closed * It's unfortunate that we can't really celebrate all the traditions that we're supposed to be honoring were lost generations ...

1 Jul 201626min

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