Peter's Blog

Peter recently appeared on the Land Development Podcast to lay out a simple case: inflation is the central problem for the economy, and the market is already signaling that through the surge in precious metals and commodity prices. He ties that trend to current policy choices — tariffs, deficit spending and energy misallocation — and […]

President Trump’s highly publicized feud with Fed Governor Lisa Cook has recently frightened establishment finance types. With all the pearl-clutching surrounding the Fed’s independence, it’s easy to forget that everything the Fed already does is politically motivated. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those […]

Bitcoin evangelists love the saying, “Bitcoin Fixes This.” They presents it as the magic bullet that cures everything, from inflation and war to political corruption and even obesity. Whatever the problem, they claim that Bitcoin’s hard cap of 21 million computer coins makes it the solution to all of society’s woes. You work for it.They […]

On Friday’s episode of the Peter Schiff Show, Peter walks through the latest market action and what it reveals about inflation, monetary policy, and the real economy. He highlights the ongoing strength in gold, warns that Bitcoin is in a stealth bear market, applauds mainstream institutions finally acknowledging gold as an inflation hedge, and sounds […]

Federal Reserve Chair Jerome Powell took the podium in Warwick, Rhode Island on September 23rd to explain why policymakers trimmed the federal funds target another 25 basis points last week. Speaking to the Greater Providence Chamber of Commerce, Powell said the new 4.00–4.25 percent range moves policy “toward a more neutral stance.” Yet in the […]

Another month goes by, and the Fed’s 2% inflation target remains a distant paradise. Even though inflation has actually increased by some metrics, the Fed has nonetheless fired up the money printers, revealing it cares more about political ends than keeping prices stable. The following article was originally published by the Mises Institute. The opinions […]

Last week, the Fed cut interest rates by 25 basis points, the first cut since December. While it claims to be responding to economic conditions, the Fed is really just catering to political and financial elites, who’ve been pressuring the central bank for months. The following article was originally published by the Mises Institute. The […]

The Federal Open Market Committee (FOMC) trimmed its policy rate by 25 basis points yesterday, acknowledging that U.S. growth has “moderated” and job creation is sputtering even as prices keep climbing. The new 4.00 – 4.25 percent target range marks the third cut of 2025 and arrives with inflation still “somewhat elevated,” hardly a confidence-inspiring […]

In his latest podcast, Peter goes through the just-released August consumer price data and uses the report as a springboard to explain why the markets are misreading the Fed and why ordinary Americans are likely to pay the price. He connects the dots between an understated CPI (Consumer Price Index), the rally in stocks tied […]

One key feature of market economies is the “profit and loss test,” whereby successful companies are rewarded for creating value and wasteful companies go bankrupt. But, when the state gets involved, losses can be rewarded, and the financial system can obscure true market signals. The following article was originally published by the Mises Institute. The […]