Peter's Blog

Most analysts treat economic data as the starting point for understanding the economy: if GDP rises, things are good; if it falls, things are bad. What they fail to appreciate is that data without theory is meaningless, and that any interpretation of economic data already presupposes a theoretical framework, whether the analyst knows it or […]

As Kevin Warsh takes over as Fed chair, his stated preference for narrower, trimmed inflation measures is drawing scrutiny, and for good reason. Though it is technically correct that government-driven price hikes from wars, lockdowns, and years of interventionist policy are not “inflation” in the strict monetary sense, Warsh’s push to exclude them from the […]

Inflation’s embers flared again in May, dashing hopes that last year’s price scare was fading. The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.5 percent for the month, lifting the headline rate to 4.2 percent year-over-year and marking a second straight acceleration. Energy was the chief culprit, and the renewed heat pushed safe-haven […]

American households are plummeting to razor-thin financial margins as the personal savings rate falls to numbers last seen before COVID.  Personal savings fell from around 4.3% of disposable income in January to just over 2.5% in April, all as the cost of living continues to climb. Americans are drawing down reserves to cover groceries, housing, […]

In Friday’s episode of The Peter Schiff Show, Peter connects the dots between Washington’s fiscal choices, Federal Reserve policy, and the asset bubbles those choices create. He covers inflation’s true drivers, the hidden costs of today’s tech buildout, why Bitcoin is vulnerable, and why gold and silver remain the prudent hedge for savers. He closes […]

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 […]

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 […]

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, […]

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 […]

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, […]