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An Independent Economic Perspective: The Dollar's Diminishing Value

#dollari #Donald Trump -
08.02.2026

In a recent interview with Todd Sachs of Sachs Realty, economic commentator Peter Schiff presented a critical assessment of the American economy, attributing its imbalances to the Federal Reserve and flawed government policies. He challenged popular political solutions like tariffs, warning of the dollar's continuous decline and advocating for precious metals as a safeguard for savers. Schiff also addressed pressing issues such as student debt ...

Trump's Tariffs Exceed $22 Billion in May, Fueling Trade Policy and Tax Debate

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08.02.2026

Thu, 29 May 2025 18:30:00 EEST Tariffs imposed by the Trump administration generated a record $22.3 billion in May, significantly surpassing April's sum of $17.4 billion. This record amount has reignited discussions surrounding the United States' trade strategy and fiscal vision. According to the administration, tariffs serve as both a significant revenue source and a tool to reshape global trade and relocate manufacturing back to the United S...

House Passes Trump's "Big, Beautiful Bill," Setting Stage for Senate Showdown

#Wall Street #stimulus #Donald Trump -
08.02.2026

The House of Representatives narrowly passed President Trump's "Big, Beautiful Bill" by a vote of 215-214, amidst significant GOP infighting and strong Democratic opposition. Key provisions of the bill include tax cuts, a $4 trillion debt ceiling increase, and restrictions on Medicaid and SNAP, alongside increased border spending. Critics are warning of a potential $5 trillion increase in the deficit and 8.6 million people losing healthcare cov...

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