QE – DIGIT INFO

Peter Schiff Warns Fed’s Rate Cut Spells Economic Disaster — ‘It’s Game Over for the Fed’

DIGIT — Wed, 18 Sep 2024 23:46:15 +0000

Economist and gold advocate Peter Schiff has sounded the alarm on the Federal Reserve’s latest actions, linking a significant rate cut to rising gold prices and a weakening U.S. dollar. His warning about a deepening recession and rising inflation adds weight to concerns about future economic stability. “It’s game over for the Fed,” Schiff stressed. […]

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Peter Schiff: Fed Is About to Make Major Policy Mistake That Will Crush US Dollar, Reignite Inflation

DIGIT — Tue, 17 Sep 2024 00:46:13 +0000

Economist and gold advocate Peter Schiff has issued a strong warning that the Federal Reserve is on the verge of repeating its past policy errors. He explained that the Fed’s anticipated actions, particularly interest rate cuts, “will be followed by a return to QE, another repeat mistake that will engender more debt and send consumer […]

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Analysts at odds over Fed, US debt ceiling impact on Bitcoin price

DIGIT — Fri, 28 Apr 2023 10:25:00 +0000

A political deadlock over the U.S. debt ceiling and its potential impact on the price of Bitcoin, which is already up 75% in 2023.

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Commodity Strategist Warns US Economy Heading Toward ‘Severe Deflationary Recession’

DIGIT — Fri, 21 Apr 2023 01:15:02 +0000

Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has warned that the U.S. economy is “heading towards a severe deflationary recession,” emphasizing that the Federal Reserve is still tightening. “Typically, when you have commodities collapsing at this velocity in the past, the Fed has already been easing, and they’re still vigilant against that,” he cautioned. Strategist […]

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Bank of England to Double Long-Dated Gilt Buy-Backs, QE Policy to See an ‘Orderly End’ in Mid-October

DIGIT — Mon, 10 Oct 2022 16:30:30 +0000

After the British pound sterling tapped an all-time low against the U.S. dollar on September 26, the Bank of England (BOE) said it would halt its monetary tightening policy and start buying long-dated bonds again. Approximately two weeks later, the BOE detailed on Monday that it was doubling the size of its debt buy-backs by […]

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Economists Say Fed Could Shrink Balance Sheet in 2023, Critics Insist Central Bank Hasn’t Reduced QE at All

DIGIT — Tue, 26 Jul 2022 14:15:50 +0000

With inflation soaring in the U.S., economists from monetary policy analytics and forecasting firm LH Meyer say the U.S. Federal Reserve could stop shrinking its balance sheet earlier than expected. However, critics have said the U.S. central bank hasn’t really shrunk the Fed’s balance at all, and the entity has been accused of keeping quantitative […]

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US Inflation Remains Scorching Hot, Jumping to 9.1% in June — White House Says CPI Data Is Already ‘Out-of-Date’

DIGIT — Wed, 13 Jul 2022 18:30:56 +0000

According to the latest Bureau of Labor Statistics Consumer Price Index (CPI) report, U.S. inflation remains scorching hot as it has risen at the fastest yearly rate since 1981. June’s CPI data reflected a 9.1% year-over-year increase, even though a number of bureaucrats and economists thought May’s CPI data would be the record peak. US […]

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US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’

DIGIT — Sat, 11 Jun 2022 15:30:52 +0000

After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However, statistics from the U.S. Labor Department indicate the CPI increased 8.6% from a year earlier, as the month of May’s inflation data reached another lifetime […]

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Peter Schiff Warns Economic Downturn in the US ‘Will Be Much Worse Than the Great Recession’

DIGIT — Fri, 06 May 2022 18:30:55 +0000

Following the Federal Reserve’s rate hike on Wednesday, economist Peter Schiff has had a lot to say since the U.S. central bank raised the benchmark rate by half a percentage point. Schiff further believes we are in a recession and says “it will be much worse than the Great Recession that followed the 2008 Financial […]

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Could the Government Confiscate Gold Again? A Look at Today’s ‘Emergencies’ and Revisiting Executive Order 6102

DIGIT — Thu, 07 Apr 2022 16:30:10 +0000

This past Tuesday, April 5, was the 89th anniversary of Executive Order 6102 when the U.S. government would strictly “forbid the hoarding of gold coin, gold bullion, and gold certificates within the continental United States.” While the global economy seems to be heading toward disaster and the U.S. dollar’s strength is being examined, many have […]

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