Peter's Blog

Stagflation Warning: Atlanta Fed Cuts Q1 GDP Projection to Zero

On Tuesday, the Atlanta Fed cut its GDP estimate for the first quarter of 2022 to zero. Just a few days ago, the estimate was for 0.6% growth. That was down from 1.3% just a few days before that. This is not an encouraging trend.

Peter Schiff: Russia Is the New “Excuse Variant” for the Fed

The Russian invasion of Ukraine has completely changed the market dynamics. In his podcast, Peter talked about the impact the situation is having on the markets and the global economy. He also looked ahead, saying Russia can now serve as a convenient excuse for the Fed to back off its planned monetary tightening. Of course, […]

Myth Busting! SchiffGold Friday Gold Wrap Feb. 25, 2022

You’ve probably heard people say inflation is being caused by “greedy corporations.”  They back up this increasingly popular narrative with tales of “excessive corporate profits.” In this episode of the Friday Gold Wrap, host Mike Maharrey busts this myth. He also talks about the wild ride in the gold and silver markets after Russia invaded […]

Ron Paul: The Fed Is the Enemy of American Workers

Inflation is smoking hot. As measured by the consumer price index, the inflation rate is at 7.5%. And the cooked government CPI number understates inflation. Peter Schiff says the inflation tsunami is just getting started. The Fed is talking about an inflation fight, but it’s more likely to drive the US economy into a recession. […]

Peter Schiff: The Fed Inflation Fight Will Cause a Recession — And More Inflation

The markets seem to be anticipating a Fed inflation fight. They also seem to be realizing that this is going to cause a recession. But they still haven’t come to grips with the fact that this is not going to fix the inflation problem. In his podcast, Peter Schiff argues that the recession will actually […]

It’s Another Housing Bubble and the Fed Is Holding the Pin

Are we heading toward housing crisis 2.0? That remains to be seen. Two things are for certain. This is a massive housing bubble. And the Fed is holding the pin.

A Bunch of Bull(ard): SchiffGold Friday Gold Wrap Feb. 18, 2022

There was more bad inflation news this week. So, the Fed is about to ramp up the inflation fight, right? Not so fast. In this episode of the Friday Gold Wrap, host Mike Maharrey argues that the central bank isn’t set to go to war with inflation because it can’t. And he explains how St. […]

Peter Schiff: The Fed Is Running Out of Minutes

The Federal Reserve released the minutes from its January FOMC meeting on Wednesday (Feb. 16). While there was some talk about taking on inflation, it doesn’t appear the central bank is really serious about an inflation fight. In his podcast, Peter Schiff talked about the most recent inflation data and the Fed’s response. He said […]

St. Louis Fed Pres. Bullard Lets the Cat Out of the Bag: The Fed Doesn’t Have the Stomach for an Inflation Fight

St. Louis Federal Reserve President James Bullard unwittingly let the cat out of the bag and revealed the central bank doesn’t have the stomach to do what’s necessary to take on surging, persistent inflation.

The Fed Is Stuck in a Tight Spot

SchiffGold managing editor and host of the Friday Gold Wrap podcast Mike Maharrey joined Mises Institute President Jeff Deist on WHBO radio to talk about inflation and the Federal Reserve, Mike explains how the Fed has gotten itself stuck in a tight spot. To be sure, it has an inflation problem. But a legitimate fix […]