Peter's Blog

Inflation is Proving to be Quite Sticky

This analysis takes the BLS inflation data and recalculates the percentage changes at the category level to get unrounded numbers. The total number ties to the BLS, but it gives more detail at the granular level.

Peter Schiff: Gold is the Canary in the Economic Coal Mine

This weekend, Todd Sachs interviewed Peter on the state of the economy. They discuss the parallels between now and the 2007-2008 housing crisis, the role of economic sentiment in voters’ opinions, and why foreign central banks are losing faith in the dollar.

Ron Paul: Fed’s “Dollar Destruction” and Moral Crisis

Ron Paul’s recent op-ed from the Ron Paul Institute for Peace and Prosperity, reprinted in the Orange County Register, breaks down the profound damage caused by central bank money printing: it pits savers against speculators, encouraging consumers to use debt to fund basic needs since their savings are constantly evaporating due to monetary debasement.

Peter Schiff: We Are On The Brink of A Catastrophe

Jerome Powell’s 60 Minutes portrayal of the national debt crisis as a distant concern starkly contrasts with the urgent reality we face. Peter Schiff doesn’t mince words in his most recent podcast when he highlights the immediate threat:

JP Morgan: Money is Gold and Nothing Else

Our nation’s top financier had it correct 111 years ago: “Money is gold, and nothing else.” J.P. Morgan was convinced of this. Still, government agencies have schemed over the centuries to dismantle the gold standard.  Our guest commenter explains that, even though the Fed still holds gold, there was never a time when the dollar […]

Inflation Persists As Fed Signals Rate Cuts

The U.S. Bureau of Labor Statistics (BLS) recently released two inflation reports highlighting inflation figures for December 2023. Here’s what they showed: 

Degrowth Advocates Misunderstand the Business Cycle

December saw a resurgence of “degrowth” advocates in the media, with two articles published by Nature garnering special attention on X (formerly Twitter). The fallacies underlying the degrowth movement are not new in economics, but it’s worth revisiting them and their important connections to monetary policy in the age of central banking.

Peter Schiff: The Fed Will Bank on Biden in 2024

The Federal Reserve will play a pivotal role in the upcoming election and aim to boost President Biden or another Democratic candidate.

Peter Schiff: 2024 Could Be Horrible For the Dollar

Peter Schiff left a stark warning at the end of the year: “2024 could be a horrible year for the dollar.”  Here are 3 big reasons why Peter thinks inflation might rise even higher this year.

The End! SchiffGold Friday Gold Wrap December, 29, 2023

We’ve reached the end of another year. A new year is always a good time for reflection. And maybe even some resolutions. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about the trajectory of gold as we enter the new year, explains an economic truth, offers some thoughts on New […]