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Peter Schiff's Call for Traditional Economics Clashes with US Bitcoin Reserve Policy

Summary by Coin Edition
Peter Schiff criticized the May jobs report, warning about poor quality job growth. He advocates for rate hikes and spending cuts to boost the manufacturing sector. His advice contrasts with a new US policy to create a Strategic Bitcoin Reserve. The U.S. economy added 139,000 jobs in May, a figure that beat market expectations but drew sharp criticism from economist Peter Schiff, who warned the growth is occurring in the wrong sectors. As Schiff…
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Coin Edition broke the news in on Friday, June 6, 2025.
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