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Peter Schiff Explains Why Trump’s Economic Policies Outweigh the Good


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Peter Schiff Intensifies Criticism on Trump's Economic Policies
  • Schiff criticized Treasury Secretary Scott Bessent for attributing the recent Moody’s credit downgrade to the Biden administration, pointing out that Moody’s specifically cited the extension of Trump’s tax cuts as a contributing factor
  • He has also been a vocal opponent of Trump’s tariff strategies, labeling them as detrimental to American consumers and businesses
  • Schiff warns that tariffs could bring in a financial crisis worse than that of 2008

Economist and gold advocate Peter Schiff has intensified his criticism of U.S. President Donald Trump’s economic policies, particularly focusing on tariffs, fiscal management, and cryptocurrency initiatives. While he acknowledges that Trump’s presidency may have been preferable to alternatives like Kamala Harris, he argues that the administration’s economic missteps outweigh its accomplishments.

Schiff objects to the extension of the 2017 Tax Cuts and Jobs Act, saying that it has led to a big rise in the US debt, which is now exceeding $36 trillion. Yesterday, he also criticized Treasury Secretary Scott Bessent for attributing the recent Moody’s credit downgrade to the Biden administration, pointing out that Moody’s s…

The post Peter Schiff Explains Why Trump’s Economic Policies Outweigh the Good appeared first on Coin Edition.

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Peter Schiff Explains Why Trump’s Economic Policies Outweigh the Good


by Coin Edition
for CoinEdition

Share:

Peter Schiff Intensifies Criticism on Trump's Economic Policies
  • Schiff criticized Treasury Secretary Scott Bessent for attributing the recent Moody’s credit downgrade to the Biden administration, pointing out that Moody’s specifically cited the extension of Trump’s tax cuts as a contributing factor
  • He has also been a vocal opponent of Trump’s tariff strategies, labeling them as detrimental to American consumers and businesses
  • Schiff warns that tariffs could bring in a financial crisis worse than that of 2008

Economist and gold advocate Peter Schiff has intensified his criticism of U.S. President Donald Trump’s economic policies, particularly focusing on tariffs, fiscal management, and cryptocurrency initiatives. While he acknowledges that Trump’s presidency may have been preferable to alternatives like Kamala Harris, he argues that the administration’s economic missteps outweigh its accomplishments.

Schiff objects to the extension of the 2017 Tax Cuts and Jobs Act, saying that it has led to a big rise in the US debt, which is now exceeding $36 trillion. Yesterday, he also criticized Treasury Secretary Scott Bessent for attributing the recent Moody’s credit downgrade to the Biden administration, pointing out that Moody’s s…

The post Peter Schiff Explains Why Trump’s Economic Policies Outweigh the Good appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.0136

+4.84%

$ 0.0000907


Share:

In This News

Coins

$ 0.0136

+4.84%

$ 0.0000907


Share:

Read More

Crypto Market Prepares for Policy Shift As Trump Pushes Pardons

Crypto Market Prepares for Policy Shift As Trump Pushes Pardons

Key Insights: The crypto market is weak today. Prices are down close to 2%. Bitcoin a...
Crypto News: CLARITY Act Nears Senate, Crypto Market Eyes Bull Shift

Crypto News: CLARITY Act Nears Senate, Crypto Market Eyes Bull Shift

Key Insights: The crypto market remains weak today, with prices still under pressure....