Author: Peter Schiff

Fed Up Friday

Fed Up Friday

In light of the Fed rate hike news finally dropping this week, we can start looking ahead to the rest of the year. It’s a great time to be Fed Up with the election looming and global central banks making...

Apple Tax Grab by EU Invades IRS Airspace

Apple Tax Grab by EU Invades IRS Airspace

by John Browne On August 30th, the European Union (EU) Commission ordered the Irish government to reclaim some $14.6 billion of so-called back taxes plus interest from Apple Inc. The order challenged sovereign tax authority within the EU and well-established international...

Fed President Comments Send Stock Markets Diving for Cover

Fed President Comments Send Stock Markets Diving for Cover

Last Friday the stock market tanked following another monetary policy maker’s statements about interest rates. It seems investors are, yet again, willing to believe the Fed intends to raise interest rates despite the reality of a bad economy. Policy makers...

Negative Rates Will Kill Growth

For years I have argued that ultra-low interest rates act more as an economic sedative than a stimulant. This idea has elicited laughter from the economic establishment. But it is becoming clearer that rates set by central banks that are...