Peter's Blog

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. […]

The Zombification of the Economy

Another hotter than expected CPI print in January put even more pressure on the Federal Reserve to do something about inflation. Suddenly, there is talk of a 50 basis point interest rate hike at the next FOMC meeting. But “doing something” is is easier said than done, particularly in this zombie economy.

The Federal Reserve Is Trapped

The Federal is supposedly on the path to tighter monetary policy, although it is currently still pouring gas on the inflation fire. The central bank says it is tapering its asset purchases even now, and will eventually begin shrinking its balance sheet. It also plans to raise interest rates. Peter Schiff has been saying the […]

Ron Paul: Are We on the Verge of a “Crack-Up Boom”?

Inflation is running rampant. Even Jerome Powell has been forced to acknowledge that this bout of rising prices isn’t “transitory.” As Peter Schiff put it, there is no ceiling on inflation. The Federal Reserve has sped up its timetable for tapering its asset purchases and raising interest rates. Many in the mainstream have called this […]

Fed Inflation Fight? We’ll Believe It When We See It!

The Federal Reserve has supposedly gone to war with inflation and Fed chair Jerome Powell has allegedly turned into a hawk. We’ll believe it when we see it.

No Elizabeth Warren: Greed Is Not Causing Inflation

With the “transitory” inflation narrative dead and buried, the powers that be have shifted to a new tactic to deflect their responsibility for rising prices – blame somebody else. Elizabeth Warren recently claimed that rising prices were due to “price gouging” by “greedy” corporations. But the evidence says otherwise. In fact, producer prices have risen […]

Ron Paul: Lower Your Expectations … Of Government!

You’re being squeezed by inflation. You can’t find what you’re looking for at the store due to widespread shortages. And when you do find what you need, it takes forever to check out of the store because the labor market is completely out of whack. But really, the problem is with you. Your expectations are […]

Debasing Your Money Is the Moral Thing to Do?

It’s become increasingly hard to hide the inflation problem. Even without the sizzling hot CPI numbers, the average American experiences rising prices every day at the grocery store and the gas station. With it becoming harder and harder to blow inflation off as transitory, apologists for the central bank and the federal government have shifted […]

Is Inflation Good for You?

I would probably have a hard time convincing you that the higher prices you’re paying at the grocery store and the gas pump are “good for you.” But there are people out there making that claim.

Ron Paul: Federal Reserve Policy Is a Complete Failure

A Peter Schiff put it, double-barrel inflation is locked and loaded. But after yet another month of hotter thane expected CPI, the central bankers at the Federal Reserve continue to insist that inflation is “transitory” and blame it on everything except their monetary policy. These central bankers lack any sense of self-awareness. If they did, […]