Peter's Blog

How Monetary Policy Punishes Saving

For generations, the wisdom passed down at kitchen tables was simple: spend less than you earn, save patiently, and let time do its quiet work. That world has been inverted. For over two decades, the Federal Reserve has systematically penalized savers through artificially low interest rates and persistent inflation, undermining the concepts of sufficiency and […]

AI isn’t Changing Anything

Whether one is a fan or a foe of AI, almost everyone believes in its incredible world changing power. What I’m about to tell you might be a shock, but AI will not fundamentally change the way the world works. While it does have some unique capabilities, it is far from the panacea that most […]

Schiff w/ Joy: Inflation Is Winning

Last week Peter joined Shannon Joy on her podcast to warn listeners that runaway government spending and a corrupting alliance between state and corporate power are eating away at living standards. He connects collapsing consumer confidence, rising interest rates, and a political media culture that shields power to make the case that savers need sound […]

Schiff on Soar Financially: Gold’s Breakout Is Coming

Peter recently joined Kai on Soar Financially to lay out why gold and silver are sitting on the verge of a real move and what could finally trigger a breakout. He walks through the mispricing he sees in precious metals and related stocks, explains why collapsing real rates will be the tailwind markets are missing, […]

Stablecoins Miss the Mark

Although most stablecoins are touted as the next step for currency and a needed player in financial innovation, they have several fundamental flaws that make them even less suitable than the American dollar. Stablecoins are electronic currencies tied to USD, and in most situations, stay within a few percent of the dollar’s value. While historically […]

The Unique Relationship Between the Defense Industry and Innovation

For decades, the military and industrial complex has stood as a reminder of Federal power and waste, with a system of contracts and research methods that seem almost inherently expensive and slow. While the defense industry increased spending, and used funding inefficiently, most people in the latter half of the 20th century still accepted the […]

Payments Tech Undermines Core Purposes of Money

Modern payments technology simultaneously shows the beauty of technology as well as its fragility. Through compression of information and allowing for lower data use when transactions are being made, they are able to allow transactions to occur more fluidly and they let the underlying currency fulfill its role as a medium of exchange more effectively. […]

Does Government Create Wealth or Consume It?

Defenders of big government often argue that roads, courts, and national defense prove the state is indispensable to prosperity, but this reasoning contains a fatal flaw. The state has no independent source of wealth: it first expropriates resources from private producers through taxation, then provides services with those resources, and finally points to those same […]

Why Capitalism’s Real Alternatives Are Worse

As Trump’s crony capitalism and socialist inroads in the Democratic Party crowd out defenders of free markets, many assume the only choice is between capitalism and socialism. But a third danger lurks — the possibility that rejecting both leads not to liberty, but to feudalism or primitivism, systems where rights collapse and poverty reigns just […]

Peter Schiff: Debt, AI Mania, and Why Gold Wins

On Wednesday’s episode of The Peter Schiff Show, Peter connects a string of current worries: presidential promises about an Iran deal, sticky bond yields, a massive AI-driven capital expenditure boom, and renewed fragility in crypto finance. He ties them together with a warning about the unsustainable burden of debt and a reminder that sound money, […]