Peter's Blog

Minnesota, Fraud, and Selfishness

The recent examples of fraud in Minnesota are one of the greatest examples of government ineptitude and waste in recent memory. Billions of taxpayer dollars were sent directly into the hands of criminals. The weakest in society were taken advantage of those with no regard for human dignity and right or wrong. The fraud was […]

Why $3 Gasoline Won’t Last

This month, Trump has been boasting about gasoline being under $3 per gallon in most states throughout the country. But his bragging will backfire as multiple forces conspire to push prices higher. Along with precious metals, oil and gas prices are surging as inflation rips. They’re screaming in unison that CPI and Treasury yields are […]

Anaxagoras and Societal Nous

Anaxagoras developed a vision of matter that can deeply impact our own understanding of societal frameworks. He wrote that within each part of matter in the material world, there was potential for all other parts. Each bit of matter was infinitely divisible, and could become anything based on the bidding of the Nous. This Nous […]

A Pathway to Dedominance

Ever since Teddy Roosevelt’s “Great White Fleet” initiative, the United States has striven to hold onto some form of international dominance. The two World Wars gave us a perfect opportunity to rise quickly and re-order world affairs to our fancy. This form of relationship with other countries was a stark departure from the more isolationist […]

Greenland and the Federal Urge for More

As if the Federal government is able to fully control all the land, people, and resources currently in its control, Trump has begun to aggressively demand US ownership of Greenland. Advocates of the plan justify it by claiming that the US needs Greenland for defense against China. The plan has fractured relationships with dozens of […]

Gold Nears $5,000

Everyone was wrong once again. From the big banks to even free market pundits, no one predicted the massive price increase of gold in so short a timeframe. Even after being disproven by gold’s rapid rise to 4000 just a few months ago, the mainstream narrative still stood that gold was slowing. Just as they […]

Why the Government Isn’t Educating Productivity: Part II

When John Stewart Mill remarked that many children of intelligent men do not develop great intelligence, but rather have their mental faculties overlaid with facts and rote repetition, he pointed to a duality in the understanding of education that has the power to make or break a nation’s long-term productivity. Many bureaucrats and professional educators […]

Resource Mismatch as the Purveyor of Discontent

People on the right and left are quick to complain that they are being taken advantage of by other groups. The raucous cries of victimhood never cease, whether targeted towards the influx of illegal immigrants or the cabal of billionaires. The victimhood is primarily of resources. People are very quick to recognize when resources taken […]

The Bread & Circus effect: The Danger of Public Stadium Funding

In 2016 when the measure C initiative to raise hotel taxes to benefit a new San Diego Chargers stadium failed, the Chargers left their hometown of many years to go to Los Angeles. A team expecting government aid as a prerequisite to be in a location is an exceedingly common story in the world of […]

Peter Schiff: Buy Gold, Dump Treasuries

On Monday’s episode of the Peter Schiff Show, Peter reacts to a dramatic day in the markets where gold and especially silver steal the headlines, then connects those moves to political and monetary developments that he says make the dollar vulnerable. He ties a sudden surge in precious metals to a new scandal around Fed […]