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Schiff's power bill up 24%

Peter Schiff says his home electricity bill rose 24% year-over-year in Oct 2026, inconsistent with roughly 2% inflation.

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Key points

  • Peter Schiff said his electricity bill for his primary residence was 24% higher in Oct. 2026 than in Oct. 2025, with the same house and all the same appliances.
  • He said the inflation rate is not anywhere near 2%, and that "they're all going way up."

Key points and the reaction summary are written by AI from the posts on this page. Check the original post. How we use AI

Original post

Peter Schiff @PeterSchiff 1.8M followers

My electricity bill for my primary residence was 24% higher in Oct. 2026 than it was in Oct. 2025. It's the same house with all the same appliances. This isn't what happens in an economy where the inflation rate is anywhere near 2%. That's just one bill. They're all going way up.
6,078likes 701reposts 395replies 189.6Kviews

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Reaction on X: Most replies did not dispute the bill figure; one argued he should focus on income rather than expenses, and others questioned why he cares given gold's inflation hedge, joked about a new American Dream, or blamed fiat money and the central bank. Schiff did not respond.

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From @GrantCardone, @IncomeSharks, @ThePostAustrian and others. Spam removed, with English and Chinese translations.

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