Meet Peter Schiff, the Chief Economist and Global Strategist who's not afraid to shake the tree of conventional wisdom! Known for his passionate commentary on economics and politics, Peter's insights resonate with a following eager for depth and honesty. With over 31,000 tweets and a knack for sparking discussion, he's a formidable voice in today's digital landscape.
Peter tweets so much, you'd think he was trying to single-handedly keep the internet's data centers in business—does your keyboard even get a break, buddy?
One of Peter's biggest wins is fostering a thriving community of followers who actively engage with his economic insights, making his content not only popular but influential in shaping economic discourse.
Peter's life purpose revolves around promoting economic literacy and advocating for a return to foundational principles of government and fiscal responsibility. He aims to enlighten and challenge the status quo to inspire informed decisions among his followers.
Firm in the belief that government should secure individual rights rather than infringe upon them, Peter values personal responsibility, economic freedom, and critical thinking. He holds the view that today's society has strayed from these principles, leading to a culture of dependency rather than independence.
Peter's major strengths lie in his analytical prowess and ability to engage audiences with provocative, thought-provoking content that challenges mainstream narratives, attracting a dedicated following of like-minded individuals.
However, Peter can sometimes come off as overly critical or polarizing, which may alienate potential followers who appreciate a more balanced dialogue or less contentious topics.
To grow his audience on X, Peter should consider diversifying his content with more visuals and interactive discussions, such as polls or Q&A sessions on current events. This might help bridge the gap with users who prefer a less intense approach.
Now @realDonaldTrump is advocating eliminating the income tax completely and replacing it with tariffs, which was how the federal government was funded prior to 1913. In fact, the 16th Amendment was ratified precisely to replace tariffs on the middle class with income taxes on the rich. However, in 1913, the federal government spent less than 2% of GDP. Today it spends over 24% of GDP. It's impossible to fund the massive federal government we have now with the indirect tax system we had then. If Trump wants to return to the tax system we had prior to 1913, he would need to eliminate all the government programs enacted since then. That would really make America great again.
What a disgrace. @ABC didn’t ask a single question about the soaring national debt, the rising cost of servicing that debt, out-of-control entitlement spending, high inflation, rising unemployment, record-high consumer debt, record-low savings, or the explosion of moonlighting.
#KamalaHarris may have just set a record for telling the most lies in the shortest period of time. I don't even know where to start. I'll just pick one: The Department of Education doesn't fund our public schools; local property taxes do that.
Not only does #Zuckerberg's admission prove that the #Biden Admin. illegally censored free speech, but it also shows that they interfered in the 2020 election. This proves #Trump was right that the 2020 election was stolen. But for this interference, Trump likely would have won!
My son @SpencerKSchiff went all in on #Bitcoin on the last drop below $50k. 100% of his portfolio is now in Bitcoin. He sold the last of his #silver stocks to raise the cash. If my own son is this brainwashed imagine how vulnerable most kids are. He's HODLing to infinity or bust.
The higher the price of $MSTR stock, the more shares @Saylor can sell. The more shares he sells, the more #Bitcoin he can buy. The more Bitcoin he buys, the higher the Bitcoin price rises. When the price of Bitcoin goes up, the share price of MSTR goes up more. When does it end?
It's clear the #Democratic establishment wanted #KamalaHarris to be the nominee. But they knew that if #Biden had announced he would not seek another term prior to the primaries being held, Kamala would have had no chance of winning the nomination fairly. That's because there would have been a series of debates where she would have faced off against far more competent challengers, including @RobertKennedyJr. So, they had to keep up the pretense that Biden was "sharp as a tack" long enough for him to secure the nomination, which he could then hand off to #Kamala after dropping out. To pull off the switch, they organized an unprecedented pre-convention debate with #Trump,
(allowing them to feign shock at Biden's mental state), held late enough to ensure that no other Democrat could challenge #Harris, but early enough to ensure they could install her as the nominee before the Convention.
My son @SpencerKSchiff went all in on #Bitcoin on the last drop below $50k. 100% of his portfolio is now in Bitcoin. He sold the last of his #silver stocks to raise the cash. If my own son is this brainwashed imagine how vulnerable most kids are. He's HODLing to infinity or bust.
The higher the price of $MSTR stock, the more shares @Saylor can sell. The more shares he sells, the more #Bitcoin he can buy. The more Bitcoin he buys, the higher the Bitcoin price rises. When the price of Bitcoin goes up, the share price of MSTR goes up more. When does it end?
Now @realDonaldTrump is advocating eliminating the income tax completely and replacing it with tariffs, which was how the federal government was funded prior to 1913. In fact, the 16th Amendment was ratified precisely to replace tariffs on the middle class with income taxes on the rich. However, in 1913, the federal government spent less than 2% of GDP. Today it spends over 24% of GDP. It's impossible to fund the massive federal government we have now with the indirect tax system we had then. If Trump wants to return to the tax system we had prior to 1913, he would need to eliminate all the government programs enacted since then. That would really make America great again.
#Bitcoin, crypto, and blockchain will likely go down as the biggest example of popular delusions and the madness of crowds in world history. The overall losses when the bubble finally pops will be staggering. It's not just the speculators who will be left holding a bag of worthless Bitcoin, but also the investors who funded all the infrastructure and related businesses. This is likely the biggest misallocation of resources in human history. Not only will the net losses to society be staggering, but Bitcoin itself will do more to tarnish the reputation of libertarian capitalism and the concept of sound money than any failed government program ever has.
If the U.S. government actually established a #Bitcoin reserve and bought 1 million Bitcoin, it might end up buying millions more. Since the U.S. government’s purchase of 1 million Bitcoin would drive the price so high, many HODLers, then worth millions or billions, would finally begin cashing out to spend their windfalls.
That would cause the market to crash, forcing the U.S. government to print even more dollars to buy more Bitcoin to prevent the price from crashing, thereby diminishing the value of its Bitcoin reserve. Of course, a reserve of something you can never sell and must continuously buy is worthless as a reserve. To maintain the pretense that its Bitcoin reserve has actual value, the U.S. government would be forced to keep buying, destroying the value of the dollar in the process.
This would mean Bitcoin prices would keep rising, and the U.S. government would have to print even more money to buy more Bitcoin. Ultimately, so many dollars would be printed to buy Bitcoin that the U.S. would experience hyperinflation, rendering the dollar completely worthless. Once the dollar is worthless, the U.S. could no longer keep buying Bitcoin. Instead, it would have to sell all the Bitcoin it holds to try to pay its bills, leading to the complete collapse of Bitcoin. In the end, Bitcoin would have succeeded in destroying the dollar. But the victory would be short-lived, as Bitcoin would be destroyed along with it. At least those who sold to the U.S. government to buy real assets would be rich. The people who never sold their Bitcoin, or kept their savings in dollars, would be completely wiped out.
It goes without saying that this scenario would be an unmitigated disaster for the U.S. That's why it's highly unlikely that a Bitcoin reserve will ever be established, let alone built up to the level suggested by RFK.
Congratulations Bitcoiners on the #Halving. Are you guys commemorating this occasion by throwing parties tonight? I haven't been invited to any. I think halving is an appropriate name for what's happening as soon #Bitcoin#HODLers will experience a halving of their net worths.
$60K is critical support for #Bitcoin. A decisive break below that level will create a formidable triple top. The immediate downside projection is a move to $20K. At that price $MSTR will have a $2.7 billion unrealized loss on 214K Bitcoin acquired at an average price of $34K.
The cost to complete a #Bitcoin transaction is now $128 and it takes a half hour to process. This is another reason why Bitcoin can't function as a digital currency. The cost to actually use Bitcoin as a currency is prohibitively high for almost all transactions. It's a failure.
If #Trump actually establishes a Crypto Advisory Council, it should not include anyone from the #crypto industry itself, given their extremely biased views. Instead, it should be comprised of experts who do not even own #Bitcoin and can therefore make objective recommendations.
Owning #Bitcoin in ETFs defeats the entire purpose of owning it in the first place. It's no longer decentralized, its not peer-to-peer, it's easily seized by authorities, can't be used as a currency for payments, or transferred across boarders. It's not your keys, not your coins.
Host NPR's Weekend Edition Saturday Author, SWINGTIME FOR HITLER, fall 2023. Special Contributor CBS Sunday Morning. Husband, father. @nprweekend@upfirst
Secretario de Turismo, Ambiente y Deportes de la República Argentina. Ex Embajador en Brasil. Vicepresidente de la Nación. Gobernador de la Provincia de Bs. As.
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Americans today want government to violate other people's rights, steal their stuff, and give it to them. 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But for this interference, Trump likely would have won!","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":0,"is_ai":null},{"bookmarked":false,"display_text_range":[0,94],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[]},"favorited":false,"lang":"en","retweeted":false,"fact_check":null,"id":"1825744255601590602","view_count":435429,"bookmark_count":409,"created_at":1724126325000,"favorite_count":22796,"quote_count":151,"reply_count":747,"retweet_count":3141,"user_id_str":"56562803","conversation_id_str":"1825744255601590602","full_text":"It's better to have an innocent convicted felon as president than an unconvicted guilty felon.","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":0,"is_ai":null},{"bookmarked":false,"display_text_range":[0,280],"entities":{"hashtags":[{"indices":[38,46],"text":"Bitcoin"},{"indices":[141,148],"text":"silver"}],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[{"id_str":"956298928076611584","name":"Spencer Schiff","screen_name":"SpencerKSchiff","indices":[7,22]}]},"favorited":false,"lang":"en","retweeted":false,"fact_check":null,"id":"1369695876726276106","view_count":0,"bookmark_count":176,"created_at":1615395919000,"favorite_count":19268,"quote_count":1111,"reply_count":4802,"retweet_count":1630,"user_id_str":"56562803","conversation_id_str":"1369695876726276106","full_text":"My son @SpencerKSchiff went all in on #Bitcoin on the last drop below $50k. 100% of his portfolio is now in Bitcoin. He sold the last of his #silver stocks to raise the cash. If my own son is this brainwashed imagine how vulnerable most kids are. He's HODLing to infinity or bust.","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":0,"is_ai":null},{"bookmarked":false,"display_text_range":[0,68],"entities":{"hashtags":[{"indices":[30,34],"text":"DNC"}],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[]},"favorited":false,"lang":"en","retweeted":false,"fact_check":null,"id":"1826079764509061597","view_count":488828,"bookmark_count":72,"created_at":1724206317000,"favorite_count":18524,"quote_count":125,"reply_count":2288,"retweet_count":1146,"user_id_str":"56562803","conversation_id_str":"1826079764509061597","full_text":"Does anyone else watching the #DNC feel embarrassed for our country?","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":0,"is_ai":null},{"bookmarked":false,"display_text_range":[0,275],"entities":{"hashtags":[],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[]},"favorited":false,"lang":"en","retweeted":false,"fact_check":null,"id":"1836212736541209051","view_count":343318,"bookmark_count":314,"created_at":1726622206000,"favorite_count":14502,"quote_count":87,"reply_count":398,"retweet_count":1720,"user_id_str":"56562803","conversation_id_str":"1836212736541209051","full_text":"If your boss, teacher, or anyone else asks you a question you can't answer, just reply that you grew up as a middle-class kid and ramble on from there. If that answer is good enough for a vice president running for president, then it should be good enough for the rest of us.","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":0,"is_ai":null},{"bookmarked":false,"display_text_range":[0,279],"entities":{"hashtags":[{"indices":[106,114],"text":"Bitcoin"}],"symbols":[{"indices":[24,29],"text":"MSTR"}],"timestamps":[],"urls":[],"user_mentions":[{"id_str":"244647486","name":"Michael Saylor⚡️","screen_name":"saylor","indices":[53,60]}]},"favorited":false,"lang":"en","retweeted":false,"fact_check":null,"id":"1858918277931577839","view_count":2173485,"bookmark_count":1790,"created_at":1732035629000,"favorite_count":14195,"quote_count":643,"reply_count":4532,"retweet_count":1269,"user_id_str":"56562803","conversation_id_str":"1858918277931577839","full_text":"The higher the price of $MSTR stock, the more shares @Saylor can sell. The more shares he sells, the more #Bitcoin he can buy. The more Bitcoin he buys, the higher the Bitcoin price rises. When the price of Bitcoin goes up, the share price of MSTR goes up more. When does it end?","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":0,"is_ai":null},{"bookmarked":false,"display_text_range":[0,279],"entities":{"hashtags":[{"indices":[252,258],"text":"Trump"}],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[]},"favorited":false,"lang":"en","retweeted":false,"fact_check":null,"id":"1796302284877619434","view_count":374561,"bookmark_count":200,"created_at":1717106813000,"favorite_count":13401,"quote_count":60,"reply_count":653,"retweet_count":1851,"user_id_str":"56562803","conversation_id_str":"1796302284877619434","full_text":"America is no longer a nation of laws, but of men. Corrupt government officials abuse their power for political purposes. In my case they destroyed an innocent bank, sacrificed its customers, and tossed aside my constitutional rights. 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The overall losses when the bubble finally pops will be staggering. It's not just the speculators who will be left holding a bag of worthless Bitcoin, but also the investors who funded all the infrastructure and related businesses. This is likely the biggest misallocation of resources in human history. 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Since the U.S. government’s purchase of 1 million Bitcoin would drive the price so high, many HODLers, then worth millions or billions, would finally begin cashing out to spend their windfalls. \n\nThat would cause the market to crash, forcing the U.S. government to print even more dollars to buy more Bitcoin to prevent the price from crashing, thereby diminishing the value of its Bitcoin reserve. Of course, a reserve of something you can never sell and must continuously buy is worthless as a reserve. To maintain the pretense that its Bitcoin reserve has actual value, the U.S. government would be forced to keep buying, destroying the value of the dollar in the process. \n\nThis would mean Bitcoin prices would keep rising, and the U.S. government would have to print even more money to buy more Bitcoin. Ultimately, so many dollars would be printed to buy Bitcoin that the U.S. would experience hyperinflation, rendering the dollar completely worthless. Once the dollar is worthless, the U.S. could no longer keep buying Bitcoin. Instead, it would have to sell all the Bitcoin it holds to try to pay its bills, leading to the complete collapse of Bitcoin. In the end, Bitcoin would have succeeded in destroying the dollar. But the victory would be short-lived, as Bitcoin would be destroyed along with it. At least those who sold to the U.S. government to buy real assets would be rich. The people who never sold their Bitcoin, or kept their savings in dollars, would be completely wiped out. \n\nIt goes without saying that this scenario would be an unmitigated disaster for the U.S. That's why it's highly unlikely that a Bitcoin reserve will ever be established, let alone built up to the level suggested by RFK.","in_reply_to_user_id_str":null,"in_reply_to_status_id_str":null,"is_quote_status":0,"is_ai":null},{"bookmarked":false,"display_text_range":[0,277],"entities":{"hashtags":[{"indices":[34,42],"text":"Halving"},{"indices":[213,221],"text":"Bitcoin"},{"indices":[222,230],"text":"HODLers"}],"symbols":[],"timestamps":[],"urls":[],"user_mentions":[]},"favorited":false,"lang":"en","retweeted":false,"fact_check":null,"id":"1781476742156243304","view_count":1246793,"bookmark_count":252,"created_at":1713572128000,"favorite_count":5503,"quote_count":301,"reply_count":3174,"retweet_count":400,"user_id_str":"56562803","conversation_id_str":"1781476742156243304","full_text":"Congratulations Bitcoiners on the #Halving. 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Are you sure you're not trying to break into scriptwriting with all that drama wrapped in a thread?","win":"His biggest win is the successful publication of his book, 'DEEP STATE TARGET,' which not only topped bestseller lists but also positioned him as a significant voice in political discourse.","recommendation":"To grow his audience on X, George should engage more with his followers by hosting live Q&A sessions or Twitter Spaces where he can dive deeper into complex topics and interact personally with curious minds."},"created":1733360812507,"type":"the thought leader","id":"georgepapa19"},{"user":{"id":"31133330","name":"Daniel Scioli 🇦🇷","description":"Secretario de Turismo, Ambiente y Deportes de la República Argentina. Ex Embajador en Brasil. Vicepresidente de la Nación. Gobernador de la Provincia de Bs. 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Talk about making a splash! 💦","strength":"Their strength lies in their well-researched, authoritative voice on food safety, backed by data and practical advice, which positions them as trusted advisors in the field.","weakness":"One potential weakness is that their highly informative tone may unintentionally come off as overly technical or serious, which might deter some audiences who prefer light-hearted engagement.","roast":"So, USDA FSIS, if food safety were a superhero, you'd be its caped crusader—spreading awareness faster than bacteria on a wet cutting board! Just remember, if your social media presence was a meat thermomether, we'd still have to check if it’s cooked through! 😂","win":"One of their biggest wins is the widespread engagement and sharing of their critical food safety information during disasters, significantly raising awareness and potentially saving lives.","recommendation":"To grow their audience on X, they should consider injecting a bit of humor and relatability into their posts—maybe share some light-hearted food safety memes or user-generated content that resonates with their audience while keeping safety at the forefront!"},"created":1733360113073,"type":"the thought leader","id":"usdafoodsafety"},{"user":{"created_at":"Wed Jun 29 11:53:20 +0000 2011","default_profile":true,"default_profile_image":false,"description":"Award-winning journalist | Lawyer | Husband | Father | Editorial Director, Royal Media Services/Citizen TV Kenya. ‘Right makes Might.’MLK","entities":{"description":{"urls":[]}},"fast_followers_count":0,"favourites_count":1047,"followers_count":1057123,"friends_count":1319,"has_custom_timelines":true,"is_translator":false,"listed_count":255,"location":"","media_count":815,"name":"Linus Kaikai","normal_followers_count":1057123,"pinned_tweet_ids_str":[],"possibly_sensitive":false,"profile_banner_url":"https://pbs.twimg.com/profile_banners/326113058/1647497831","profile_image_url_https":"https://pbs.twimg.com/profile_images/1677576029043343361/qO3cYVjP_normal.jpg","profile_interstitial_type":"","screen_name":"LinusKaikai","statuses_count":9035,"translator_type":"none","verified":false,"withheld_in_countries":[],"id":"326113058"},"details":{"type":"The Thought Leader","description":"Meet Linus Kaikai, an award-winning journalist and lawyer who channels his passion for informed dialogue into his tweets. 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He values community, collective responsibility, and the guidance of Christian principles.","facts":"Fun fact: Richard's dog runs the show, proving that behind every outspoken personality, there's a pup reminding them to take life less seriously!","strength":"Richard's strengths lie in his articulate expression of complex political ideas, his ability to engage and mobilize his audience, and his personal narrative of overcoming adversity which resonates deeply with followers.","weakness":"On the flip side, Richard occasionally dips into contentious territory, which might alienate some potential followers who prefer a more centrist approach to discussions.","roast":"Richard, your dog might be running your life, but judging by your tweets, it seems like you're still asking it for permission before you hit 'send' on those political hot takes!","win":"Richard's biggest win is his impactful reach on social media, evidenced by his tweet with over 3 million views, igniting discussions and solidifying his presence as a significant voice in political discourse.","recommendation":"To grow his audience on X, Richard should consider hosting live discussions or Q&A sessions that dive deeper into his thoughts on current events, allowing followers to actively engage and reinforce their connection to his unique voice."},"created":1733359871850,"type":"the thought 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