The Atlanta Fed just lowered its estimate for Q1 #GDP to 2.6%. That is better than a 50% reduction from its highly touted 5.4% estimate made just 3 weeks ago! As growth has been stalling, inflation has been heating up. Yet markets remain completely oblivious to #stagflation.
— Peter Schiff (@PeterSchiff) February 27, 2018
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- March report "How Revolutions, Wars and Plagues are Harbingers of 'Great Changes' in Societies and in Economics" published. http://bit.ly/2y4LJZQ
- With government making it much harder for entrepreneurs to succeed, Anthony Scaramucci's new book is a must read. https://t.co/hYoihbfxlV
- If food and energy prices being too low really threatens Europe, why not just raise taxes on those items? Problem solved. No QE necessary!
- Deflationary spiral in a commodity based currency
- October report "Why do so many People feel Economically Disenfranchised?" published. https://bit.ly/2y4LJZQ
- MF Global: Heed the Warning https://t.co/hqLGtrISku @SchiffGold
- Announced layoffs surged 43% in Sept. to 58,887, pushing total layoffs for the 3rd quarter up to 205,759, the highest number in 6 years!
- Drop in Gold Output Expected as Mining Companies Lose Money @SchiffGold http://t.co/99AYQaC37g
- Included in the box of my father's effects that the Federal Prison System sent me were over a hundred letters belonging to another inmate!
- The Aug. Empire State Manufacturing Index plunged to -14.92, its lowest level since April 2009, missing expectations by the most since 2010!