Fed Forecasts – Propaganda or Incompetence? – Ep. 246

Fed Forecasts – Propaganda or Incompetence? – Ep. 246

Summary: Last quarter the Atlanta Fed's Q1 GDP forecast was 3.4% in February. The most recent number was actually .7%. After all the negative economic data that came out today suggesting that Q1 could be revised lower, the Atlanta Fed came out with their forecast for Q2 GDP at 4.3%. How is this possible, with no economic data to support this projection? Either they believe their policies are still valid in the face of data on a downward trajectory, or they are simply acting as salesmen, promoting economic health regardless of the actual data.

* Today was Donald Trump's 100th day as President of the United States
* The media is covering this event and looking back over the last 100 days
* Trying to assess the effectiveness of Trump's presidency thus far
* What has he accomplished, how much progress has he made;
* I think the origin of assessing the first 100 days of a presidency goes back to Franklin Delano Roosevelt
* Who of course became president during the Great Depression
* I think the President accomplished a lot during his first 100 days
* That's been the benchmark for which future presidents have been judged
* It's not about which President did the most good for the country during the first 100 days
* It's just, "Who did the most?"
* Because, FDR did a lot, all of it harmed the economy
* Not only did FDR's exacerbate and expand the depression,
* His actions had repercussions for decades
* We are suffering today from the mistakes that FDR made in his first 100 days
* He accomplished a lot, but he accomplished a lot of mistakes
* I would rather have a president do nothing for his first 100 days
* If a President just played golf for 100 days and did nothing
* Chances are he might be the best president we've ever had
* Most Presidents do damage to the economy during their first 100 days
* To the extent that they pass a law, chances are, the law just limited our freedom and reduced our standard of living
* That's true for most politicians: doing nothing is better than doing something
* Because doing something normally means doing harm
* I wish politicians would take the Hippocratic Oath, "First do not harm"
* If politicians took that oath, they could not do anything
* To the extent that a President can undo the damage done by a previous President
* Then, he would be doing a good thing
* I recognize that some of the things that Trump is trying to do is to undo Obama's mistakes
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Another BS Jobs Report From the Gov't - Ep 945

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Cut your wireless bill to 15 bucks a month at https://mintmobile.com/goldJoin my Locals community to get The Pete Schiff Show ad-free! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium to become a member.Invest like me: https://schiffradio.com/investSIGN UP FOR MY FREE NEWSLETTER: https://www.europac.comSchiff Gold News: http://www.schiffgold.com/newsBook Store: https://schiffradio.com/booksFollow Peter Schiff on Twitter: http://www.twitter.com/peterschiffFollow Peter Schiff on Instagram: https://instagram.com/peterschiffFollow Peter Schiff on TikTok: https://www.tiktok.com/@peterschiffofficialFollow Peter Schiff on Facebook: http://www.facebook.com/peterschiffOur Sponsors:* Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD* Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.comPrivacy & Opt-Out: https://redcircle.com/privacy

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Despite the Data, Economy May Already Be in Recession - Ep 943

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Markets Are Poised to Confound Investors - Ep 942

Sign up for a $1/month trial period at https://shopify.com/goldRegister for The Microcap Conference at https://themicrocapconference.comJoin my Locals community to get The Pete Schiff Show ad-free! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium to become a member.Invest like me: https://schiffradio.com/investSIGN UP FOR MY FREE NEWSLETTER: https://www.europac.comSchiff Gold News: http://www.schiffgold.com/newsBook Store: https://schiffradio.com/booksFollow Peter Schiff on Twitter: http://www.twitter.com/peterschiffFollow Peter Schiff on Instagram: https://instagram.com/peterschiffFollow Peter Schiff on TikTok: https://www.tiktok.com/@peterschiffofficialFollow Peter Schiff on Facebook: http://www.facebook.com/peterschiffOur Sponsors:* Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD* Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.comPrivacy & Opt-Out: https://redcircle.com/privacy

20 Jan 202454min

Jobs and Inflation and Bitcoin, Oh My! - Ep 941

Jobs and Inflation and Bitcoin, Oh My! - Ep 941

Visit https://indeed.com/peter to start hiring nowOne-of-a-kind financing program at https://netsuite.com/goldJoin my Locals community to get The Pete Schiff Show ad-free! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium to become a member.Invest like me: https://schiffradio.com/investSIGN UP FOR MY FREE NEWSLETTER: https://www.europac.comSchiff Gold News: http://www.schiffgold.com/newsBook Store: https://schiffradio.com/booksFollow Peter Schiff on Twitter: http://www.twitter.com/peterschiffFollow Peter Schiff on Instagram: https://instagram.com/peterschiffFollow Peter Schiff on TikTok: https://www.tiktok.com/@peterschiffofficialFollow Peter Schiff on Facebook: http://www.facebook.com/peterschiffOur Sponsors:* Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD* Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.comPrivacy & Opt-Out: https://redcircle.com/privacy

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2024 Surprises Will Be Greater Than in 2023 - Ep 940

2024 Surprises Will Be Greater Than in 2023 - Ep 940

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30 Dec 20231h

Did the Fed Just Steal the Santa Claus Rally? - Ep 939

Did the Fed Just Steal the Santa Claus Rally? - Ep 939

Go to https://joindeleteme.com/gold and use promo code GOLD for 20% off.Cut your wireless bill to $15 a month at https://mintmobile.com/gold.Join my Locals community to get The Pete Schiff Show ad-free! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium to become a member.Invest like me: https://schiffradio.com/investSIGN UP FOR MY FREE NEWSLETTER: https://www.europac.comSchiff Gold News: http://www.schiffgold.com/newsBook Store: https://schiffradio.com/booksFollow Peter Schiff on Twitter: http://www.twitter.com/peterschiffFollow Peter Schiff on Instagram: https://instagram.com/peterschiffFollow Peter Schiff on TikTok: https://www.tiktok.com/@peterschiffofficialFollow Peter Schiff on Facebook: http://www.facebook.com/peterschiffOur Sponsors:* Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD* Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.comPrivacy & Opt-Out: https://redcircle.com/privacy

21 Dec 202358min

Fed Tempers Rate Cut Enthusiasm - Ep 938

Fed Tempers Rate Cut Enthusiasm - Ep 938

Cut your wireless bill to $15 a month at https://mintmobile.com/gold.Join my Locals community to get The Pete Schiff Show ad-free! Plus get access to special live reports and Q&As. Visit https://schiffradio.com/premium to become a member.Invest like me: https://schiffradio.com/investSIGN UP FOR MY FREE NEWSLETTER: https://www.europac.comSchiff Gold News: http://www.schiffgold.com/newsBook Store: https://schiffradio.com/booksFollow Peter Schiff on Twitter: http://www.twitter.com/peterschiffFollow Peter Schiff on Instagram: https://instagram.com/peterschiffFollow Peter Schiff on TikTok: https://www.tiktok.com/@peterschiffofficialFollow Peter Schiff on Facebook: http://www.facebook.com/peterschiffOur Sponsors:* Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD* Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.comPrivacy & Opt-Out: https://redcircle.com/privacy

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