Peter Schiff(@PeterSchiff):No party can solve the affordability crisis. Prices rise due to soaring government spending that exceeds the growth of tax revenue. We pay the difference with inflation. Higher prices are a tax to finance spending. Since neither party will cut spending, that tax will keep rising.

Peter Schiff

@PeterSchiff

Chief Economist & Global Strategist Chairman Founder Host Best-selling Author

Joined July 2009

319 Following 1.8M Followers

Peter Schiff@PeterSchiff

2026.11.05 19:30

No party can solve the affordability crisis. Prices rise due to soaring government spending that exceeds the growth of tax revenue. We pay the difference with inflation. Higher prices are a tax to finance spending. Since neither party will cut spending, that tax will keep rising.

189

2.9K

444

Forward to community

Most Popular Users