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📈 𝗛𝗼𝘄 𝗧𝗮𝗿𝗶𝗳𝗳𝘀 𝗪𝗶𝗹𝗹 𝗦𝗵𝗶𝗳𝘁 𝗜𝗻𝗳𝗹𝗮𝘁𝗶𝗼𝗻 & 𝗖𝗿𝘂𝘀𝗵 𝗬𝗼𝘂𝗿 𝗪𝗮𝗹𝗹𝗲𝘁 Tariffs aren’t just about trade—they shift inflation from financial markets to consumer goods. That means stock prices drop, bond yields rise, and everyday essentials get even more expensive. The cost of living will skyrocket just as people’s wealth shrinks.... show more

Peter Schiff

1,573,557 subscribers

100,455 views • 1 year ago •via X (Twitter)

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11 Comments

3433.🌍 ☮️1 year ago

You look like a Miami drug dealer at a Maury Povich audition.

Jelfri Torres1 year ago

Time to buy as assets drop

Barchart1 year ago

Markets move fast—keep up with the FREE Barchart Brief! Get engaging mid-day updates on market trends, today’s biggest movers, and expert analysis you can trust. Stay informed. ✅ Subscribe now!

Life is Wood1 year ago

Guess there will be a fortune to be made before the midterms!

Bob Rob1 year ago

Thanks, ChatGPT.

Trilbie Gussman1 year ago

Finally us is dropping gold and buying bitcoin. Thats good

BUNNY1 year ago

tariffs are like financial hot potato - someone's wallet always gets burned.

MyFriendWildey1 year ago

honest question, don’t we want Bond yields to rise? we need to refinance 10 trillion by the Summer. Would let higher bonds cause mortgage rates to drop?

Stan Silver1 year ago

Every country on Earth does tariffs Peter!

TrekNX011 year ago

Please explain how/why this hasn't happened to our trading partners who impose tariffs on incoming US goods. Somehow the economies of our trading partners have survived their tariffs on US goods, so far. What am I missing?

Johnny Wishbone1 year ago

This dork is literally wrong about everything. Hes CRAMER.. Do the opposite.

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Why Your Cost of Living Is About to Skyrocket Tariffs aren’t just about trade—they’re about inflation. When we import less, the money stays in the US, bidding up prices on fewer goods. That means higher consumer prices, more expensive services, and a lower standard of living. 👉 Get expert insights from the Schiff Sovereign Letter: #Tariffs #Inflation #EconomicCrisis #TradeWar #FinancialCollapse #CostOfLiving #USDebt #MoneySupply

Why Your Cost of Living Is About to Skyrocket Tariffs aren’t just about trade—they’re about inflation. When we import less, the money stays in the US, bidding up prices on fewer goods. That means higher consumer prices, more expensive services, and a lower standard of living. 👉 Get expert insights from the Schiff Sovereign Letter: #Tariffs #Inflation #EconomicCrisis #TradeWar #FinancialCollapse #CostOfLiving #USDebt #MoneySupply

Peter Schiff

94,714 views • 1 year ago

Hillary Clinton says she’s fine with the rise of Democrat Socialist of America candidates She says that Americans - Can’t afford to start a family - Can’t afford a home - Will never be as well off as their parents - Record number of young people living at home - College degrees aren’t paying off - Job promotions don’t get people ahead anymore She says DSA candidates were promising results so they’re winning and she’s fine right that Democrats are the ones who literally destroyed our cost of living Just during Biden rents and home prices increased roughly 30%. The overall cost of living for items rose about 22%. They laundered hundreds of billions overseas and to NGOs. The most expensive states in America are all Democrat-run

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Wall Street Apes

68,000 views • 1 month ago

Trump claims tariffs will make America rich again, but that’s not how it works. Tariffs aren’t paid by other countries—they’re paid by Americans. It’s not a tax on countries like China; it’s a tax on the stuff we buy. Here’s how it works: when the government puts a tariff on something, it raises the price of that product. The idea is to make imported goods more expensive so people buy American-made products instead. Sounds good, right? The problem is, most things we use in the U.S. are made overseas, and it would take years—or even decades—to make them here. And in some cases, it might never happen because it costs too much to produce those goods locally. For example, if something costs $50 and a tariff adds $5, the new price is $55. That extra cost comes out of your pocket. This can cause inflation, making everything more expensive, and people either stop buying or have to spend more because there are no cheaper options. So, who gets the money from tariffs? The U.S. government collects it, but it’s not paid by China or any other country. It’s paid by you—the American consumer. The U.S. can’t tax other countries directly, so the burden falls on taxpayers here. Tariffs can work if the product being taxed is already made in the U.S. For example, if China floods the market with super-cheap goods that hurt local manufacturers, tariffs can make those imports more expensive, giving American businesses a chance to compete. But slapping tariffs on goods we don’t make here—or won’t make for years—just makes things more expensive for everyone. That’s why no president has wanted to be known as a "tariff president." They knew tariffs are really just taxes on Americans and can backfire politically. If tariffs drive up prices and hurt voters’ wallets, it could mean big trouble in the next election. Republicans might certainly lose in 2026.

Trump claims tariffs will make America rich again, but that’s not how it works. Tariffs aren’t paid by other countries—they’re paid by Americans. It’s not a tax on countries like China; it’s a tax on the stuff we buy. Here’s how it works: when the government puts a tariff on something, it raises the price of that product. The idea is to make imported goods more expensive so people buy American-made products instead. Sounds good, right? The problem is, most things we use in the U.S. are made overseas, and it would take years—or even decades—to make them here. And in some cases, it might never happen because it costs too much to produce those goods locally. For example, if something costs $50 and a tariff adds $5, the new price is $55. That extra cost comes out of your pocket. This can cause inflation, making everything more expensive, and people either stop buying or have to spend more because there are no cheaper options. So, who gets the money from tariffs? The U.S. government collects it, but it’s not paid by China or any other country. It’s paid by you—the American consumer. The U.S. can’t tax other countries directly, so the burden falls on taxpayers here. Tariffs can work if the product being taxed is already made in the U.S. For example, if China floods the market with super-cheap goods that hurt local manufacturers, tariffs can make those imports more expensive, giving American businesses a chance to compete. But slapping tariffs on goods we don’t make here—or won’t make for years—just makes things more expensive for everyone. That’s why no president has wanted to be known as a "tariff president." They knew tariffs are really just taxes on Americans and can backfire politically. If tariffs drive up prices and hurt voters’ wallets, it could mean big trouble in the next election. Republicans might certainly lose in 2026.

Simon Ateba

50,090 views • 1 year ago

THE BOND MARKET IS FLASHING A WARNING As interest rates keep climbing and inflation fears return, the U.S. bond market is showing deeper signs of stress. That may sound distant from everyday life, but bond-market trouble quickly reaches Main Street through the cost of a mortgage, a car loan, a credit card balance, and the stability of the banking system. Professor Steve Hanke (Steve Hanke) warns that higher yields could lead to another surge in mortgage rates, more expensive credit card debt, and growing pressure on banks already carrying losses and exposure to rising rates. When government borrowing becomes more costly, the burden spreads across the economy. Years of government-driven inflation have pushed the economy toward dangerous territory. The concern is not just that prices will stay high; it is that a worsening bond-market crisis could trigger a broader financial shock that households will be forced to absorb.

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Redacted

21,519 views • 1 month ago

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TV News Now

76,395 views • 7 days ago

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Brownstone Institute

18,386 views • 3 months ago

Well, you were the mindless fool who started the trade war with China. First by the lie that they charged US 67% in tariffs, when in fact China was charging US, on average, only 18% in tariffs. US already chorded them more, the 25%, than what they charged us, after your first administration. And then you pushed another mother of all lies, that US is collecting a lot of money from China in tariffs, when in fact, China does not pay a single Dollar for any US tariffs at all, not even a single Dollar. US consumer pays all 100% of it. When any import shipment comes into US, a US broker gives a separate bill to a US receiver for all the duties and tariffs. The export Nation, or a company does not even handle the transaction, let alone actually paying anything. How do I know this ? Because I import myself for my business. I always pay 100% of the bill. And then I pass all 100% of it to my US customers. Any economist knows this very well. Only the President of the Untied States deceives all the American people that China, or any other foreign Nation, for that matter, pay for some tariffs. You are a lying bozo. None of them pay anything. All of us DO ! Tariffs effect only the volume of their business, as higher consumer prices result in reduced sales. But as far as actual payment, US consumer pays 100% of any import tariffs, with no exceptions. In any case, you better not be complaining now. You started this idiotic war, and you will have to eat it. And unfortunately, all of us will have to also. But China will get through this with, or without US. It will be US that will return to the stone age without China. On videos : 1. Walking through Guangzhou 2. Wuhan incredible metro station complex 3. A quick check of Ningbo City 4. Driving though downtown of Shenzhen

Well, you were the mindless fool who started the trade war with China. First by the lie that they charged US 67% in tariffs, when in fact China was charging US, on average, only 18% in tariffs. US already chorded them more, the 25%, than what they charged us, after your first administration. And then you pushed another mother of all lies, that US is collecting a lot of money from China in tariffs, when in fact, China does not pay a single Dollar for any US tariffs at all, not even a single Dollar. US consumer pays all 100% of it. When any import shipment comes into US, a US broker gives a separate bill to a US receiver for all the duties and tariffs. The export Nation, or a company does not even handle the transaction, let alone actually paying anything. How do I know this ? Because I import myself for my business. I always pay 100% of the bill. And then I pass all 100% of it to my US customers. Any economist knows this very well. Only the President of the Untied States deceives all the American people that China, or any other foreign Nation, for that matter, pay for some tariffs. You are a lying bozo. None of them pay anything. All of us DO ! Tariffs effect only the volume of their business, as higher consumer prices result in reduced sales. But as far as actual payment, US consumer pays 100% of any import tariffs, with no exceptions. In any case, you better not be complaining now. You started this idiotic war, and you will have to eat it. And unfortunately, all of us will have to also. But China will get through this with, or without US. It will be US that will return to the stone age without China. On videos : 1. Walking through Guangzhou 2. Wuhan incredible metro station complex 3. A quick check of Ningbo City 4. Driving though downtown of Shenzhen

US_did_ 911

57,229 views • 1 year ago

Bill Ackman Bill Ackman on markets and tariffs. Bill Ackman gives his optimistic take on what he expects over the next 6 -9 months: - Ukraine / Russia war to be resolved. - Some kind of resolution in the Middle East with Iran. - Inflation largely run out of the economy and will stay down. On tariffs: "I think tariffs, if they ultimately get resolved will increase the cost by a percentage of some products - but it's not like inflation that will compound - it's more like a one time reset." "I think what's important is that tariffs get resolved in the relative short-term." What does "resolved" mean on tariffs? "I would say Trump has gotten the world's attention on trade imbalances and unfair trading practices with our partners." "My argument is, made the point with China, but 145% tariff means we're ceasing doing business with China. That has very negative repercussions for China and for U.S. small businesses and others." "The right thing to do, in my view, is we pause on China - let's give it a little more time - maybe it's 180 days because we're going to be busy here. What that does is it stabilizes the risk to the U.S. economy and small businesses around the country. But China is now highly incentivized to make a deal."

Bill Ackman Bill Ackman on markets and tariffs. Bill Ackman gives his optimistic take on what he expects over the next 6 -9 months: - Ukraine / Russia war to be resolved. - Some kind of resolution in the Middle East with Iran. - Inflation largely run out of the economy and will stay down. On tariffs: "I think tariffs, if they ultimately get resolved will increase the cost by a percentage of some products - but it's not like inflation that will compound - it's more like a one time reset." "I think what's important is that tariffs get resolved in the relative short-term." What does "resolved" mean on tariffs? "I would say Trump has gotten the world's attention on trade imbalances and unfair trading practices with our partners." "My argument is, made the point with China, but 145% tariff means we're ceasing doing business with China. That has very negative repercussions for China and for U.S. small businesses and others." "The right thing to do, in my view, is we pause on China - let's give it a little more time - maybe it's 180 days because we're going to be busy here. What that does is it stabilizes the risk to the U.S. economy and small businesses around the country. But China is now highly incentivized to make a deal."

Barbie True Blue

330,467 views • 1 year ago

BREAKING: Trump Trade advisor, Peter Navarro, ridiculously claims that Auto tariffs will raise $100 billion and other tariffs will raise $600 billion a year. This is such a gaslighting attempt to mislead. No, they will NOT raise this much money. Not even close In 2024, the U.S. brought in about 8 million cars from other countries, worth around $200 billion. If we taxed those cars at 25%, and that does not cause imports to fall (which it would), that would only bring in $50 billion, not $100 billion. And even if we did raise the tariff that high, it might backfire. When things get more expensive, people usually buy less. So if imported cars get too pricey, people might stop buying them—and that means we’d collect less in taxes, not more. An his other ridiculous claim that tariffs on all imports would bring in $600 billion, again, that doesn’t hold up. In 2024, the U.S. imported about $3.1 trillion worth of stuff from other countries. To get $600 billion in tariff revenue, we’d need to tax everything we import at an average rate of 20%—and pretend that people would keep buying the same amount of imported goods, even at higher prices. That’s just not realistic. To give you some context, during Trump’s first term, he put tariffs on about $300 billion of Chinese goods. Those tariffs were as high as 25%, but over several years they only brought in about $70 billion total—not per year. That’s because when you raise prices, businesses and consumers often change their behavior. They might buy from somewhere else, or not buy at all. So the actual money the government collects is a lot lower than it looks on paper. So, bottom line: the numbers Navarro and others are throwing around sound impressive, but they don’t really match how the economy works in real life.

BREAKING: Trump Trade advisor, Peter Navarro, ridiculously claims that Auto tariffs will raise $100 billion and other tariffs will raise $600 billion a year. This is such a gaslighting attempt to mislead. No, they will NOT raise this much money. Not even close In 2024, the U.S. brought in about 8 million cars from other countries, worth around $200 billion. If we taxed those cars at 25%, and that does not cause imports to fall (which it would), that would only bring in $50 billion, not $100 billion. And even if we did raise the tariff that high, it might backfire. When things get more expensive, people usually buy less. So if imported cars get too pricey, people might stop buying them—and that means we’d collect less in taxes, not more. An his other ridiculous claim that tariffs on all imports would bring in $600 billion, again, that doesn’t hold up. In 2024, the U.S. imported about $3.1 trillion worth of stuff from other countries. To get $600 billion in tariff revenue, we’d need to tax everything we import at an average rate of 20%—and pretend that people would keep buying the same amount of imported goods, even at higher prices. That’s just not realistic. To give you some context, during Trump’s first term, he put tariffs on about $300 billion of Chinese goods. Those tariffs were as high as 25%, but over several years they only brought in about $70 billion total—not per year. That’s because when you raise prices, businesses and consumers often change their behavior. They might buy from somewhere else, or not buy at all. So the actual money the government collects is a lot lower than it looks on paper. So, bottom line: the numbers Navarro and others are throwing around sound impressive, but they don’t really match how the economy works in real life.

Ed Krassenstein

834,574 views • 1 year ago

Kevin Warsh just ended his first ever FOMC meeting as Fed chair. His message to markets: "I can't give you any guidance on what we're going to do next." Here is what he said: 1. Inflation is still way above the Fed's 2% target and prices are too high for most people 2. "We will fix five years of misses on inflation", he is directly saying the previous Fed failed 3. The Fed will no longer tell you in advance what it plans to do with interest rates 4. He watches stock market prices more than anything else when making decisions 5. Interest rates are hurting the housing market but are not slowing down financial markets 6. All 19 members at the table agreed not to raise rates today 7. The 2% inflation target is not changing 8. He refused to say whether bond yields rising after today's decision concerns him 9. He refused to say whether he has spoken to Trump since becoming Fed chair Under Powell, the Fed always told markets what was coming next. Under Warsh, that is gone.

Kevin Warsh just ended his first ever FOMC meeting as Fed chair. His message to markets: "I can't give you any guidance on what we're going to do next." Here is what he said: 1. Inflation is still way above the Fed's 2% target and prices are too high for most people 2. "We will fix five years of misses on inflation", he is directly saying the previous Fed failed 3. The Fed will no longer tell you in advance what it plans to do with interest rates 4. He watches stock market prices more than anything else when making decisions 5. Interest rates are hurting the housing market but are not slowing down financial markets 6. All 19 members at the table agreed not to raise rates today 7. The 2% inflation target is not changing 8. He refused to say whether bond yields rising after today's decision concerns him 9. He refused to say whether he has spoken to Trump since becoming Fed chair Under Powell, the Fed always told markets what was coming next. Under Warsh, that is gone.

Bull Theory

1,040,527 views • 3 months ago

Kristen Welker: “Well, and banana prices are up almost 7%, coffee prices up nearly 19%. Isn't the fact that you're rolling back tariffs an admission that ultimately they do drive up prices for consumers?” Treasury Secretary Scott Bessent: “Kristen, how much does your arm weigh?” Kristen Welker: “That I do not know.” Treasury Secretary Scott Bessent: “Exactly. But you know how much you weigh, and you get on the scale every morning. Inflation is a composite number. And we look at everything. So we are trying – we try to push down the things we can control. And as I said that we are working on – the energy prices are down. And everything flows from that. And I think we're going to see these other prices come down. And again, many of these goods were part of trade deals with countries that have been in the works for months.”

Kristen Welker: “Well, and banana prices are up almost 7%, coffee prices up nearly 19%. Isn't the fact that you're rolling back tariffs an admission that ultimately they do drive up prices for consumers?” Treasury Secretary Scott Bessent: “Kristen, how much does your arm weigh?” Kristen Welker: “That I do not know.” Treasury Secretary Scott Bessent: “Exactly. But you know how much you weigh, and you get on the scale every morning. Inflation is a composite number. And we look at everything. So we are trying – we try to push down the things we can control. And as I said that we are working on – the energy prices are down. And everything flows from that. And I think we're going to see these other prices come down. And again, many of these goods were part of trade deals with countries that have been in the works for months.”

RedWave Press

2,656,315 views • 10 months ago

Kristen Welker: “Well, and banana prices are up almost 7%, coffee prices up nearly 19%. Isn't the fact that you're rolling back tariffs an admission that ultimately they do drive up prices for consumers?” Treasury Secretary Scott Bessent: “Kristen, how much does your arm weigh?” Kristen Welker: “That I do not know.” Treasury Secretary Scott Bessent: “Exactly. But you know how much you weigh, and you get on the scale every morning. Inflation is a composite number. And we look at everything. So we are trying – we try to push down the things we can control. And as I said that we are working on – the energy prices are down. And everything flows from that. And I think we're going to see these other prices come down. And again, many of these goods were part of trade deals with countries that have been in the works for months.”

Kristen Welker: “Well, and banana prices are up almost 7%, coffee prices up nearly 19%. Isn't the fact that you're rolling back tariffs an admission that ultimately they do drive up prices for consumers?” Treasury Secretary Scott Bessent: “Kristen, how much does your arm weigh?” Kristen Welker: “That I do not know.” Treasury Secretary Scott Bessent: “Exactly. But you know how much you weigh, and you get on the scale every morning. Inflation is a composite number. And we look at everything. So we are trying – we try to push down the things we can control. And as I said that we are working on – the energy prices are down. And everything flows from that. And I think we're going to see these other prices come down. And again, many of these goods were part of trade deals with countries that have been in the works for months.”

ALEX WEST - BIG DADDY

289,333 views • 1 month ago

The Fed's dots are ridiculous. A majority of the FOMC now thinks it might have to raise rates to fight oil inflation. They just met, and a lot of them concluded they need to be like Trichet. The projected fed funds range moved up about half a point from March. A serious hawkish shift, and an absurd one given where oil and TIPS break-evens are. That is why the Treasury curve flattened. The front end is pricing a growing chance they actually hike. The flat curve is saying it will not last. Here is the core mistake. The Fed's models see inflation because oil prices went up. But oil is not inflation. Oil can lift the CPI for a few months, and it has. But a relative price shock is not sustained inflation. For oil to become real inflation, the shock has to spread. You need wages chasing prices. Businesses gaining pricing power. Expectations moving. Demand strong enough to absorb higher costs. None of that is happening. Not in the markets, and not in the CPI details. So look at the board. TIPS are falling. The Treasury curve is flattening. Oil spreads are flattening. The IEA is cutting demand. And the Fed's response is to print more hawkish dots, because some officials still think the main risk is inflation. That is the misdiagnosis. The market can see it. The public cannot, because the financial media only reports what the Fed says and does.

The Fed's dots are ridiculous. A majority of the FOMC now thinks it might have to raise rates to fight oil inflation. They just met, and a lot of them concluded they need to be like Trichet. The projected fed funds range moved up about half a point from March. A serious hawkish shift, and an absurd one given where oil and TIPS break-evens are. That is why the Treasury curve flattened. The front end is pricing a growing chance they actually hike. The flat curve is saying it will not last. Here is the core mistake. The Fed's models see inflation because oil prices went up. But oil is not inflation. Oil can lift the CPI for a few months, and it has. But a relative price shock is not sustained inflation. For oil to become real inflation, the shock has to spread. You need wages chasing prices. Businesses gaining pricing power. Expectations moving. Demand strong enough to absorb higher costs. None of that is happening. Not in the markets, and not in the CPI details. So look at the board. TIPS are falling. The Treasury curve is flattening. Oil spreads are flattening. The IEA is cutting demand. And the Fed's response is to print more hawkish dots, because some officials still think the main risk is inflation. That is the misdiagnosis. The market can see it. The public cannot, because the financial media only reports what the Fed says and does.

Jeffrey P. Snider

18,735 views • 3 months ago