Ron Paul appeared on the Peter Schiff show with guest host Tom Woods to explain the purpose of his new Ron Paul Channel, which has the slogan, “Turn Off The TV, Turn On the Truth.” Among some of the talking points Dr. Paul would like to bring up are all the economic and foreign policy […]
Archives for July 2013
Americans taxed on average 17% on cellphone bills by all governments
All levels of government in the United States, including even school districts, like to gouge the taxpayer to cover budget shortfalls, initiatives that are not fully funded and new projects to supposedly benefit the average person, but many may be surprised that they are applying a high tax rate to a person’s cellphone bill for […]
Another sign of the economic collapse: rising price inflation in rents
Rising prices in rents are one of the first signs of accelerating price inflation. In New York rental prices are rising and it is getting ever more difficult for tenants to find an apartment due to increasing demand. It’s a sign that people are less willing to hold on to cash balances and are ready […]
June jobs report headlines are ignoring economic reality: full time jobs are disappearing
The number of jobs went up in June but what is not being reported is that the number of full time jobs actually went down. The total number went up because full time jobs are being replaced by part time jobs in the service sector. Not exactly good news for the economic outlook. Peter Schiff […]
Argentina’s black market of dollars saving citizens’ wealth amid high inflation
With an unofficial inflation rate of 25 percent, Argentines have been desperate to save their wealth. As the Argentine peso continues to experience its devaluation by the nation’s central bank, citizens have been purchasing luxury vehicles, such as BMWs, Jaguars and Mercedes, gold and bitcoins. They’re doing this just to protect their savings. Despite Mercedes […]