Peter's Blog

The Fed’s Dangerous Trickle-Down Monetary Policy

The Daily Bell interviewed Peter Schiff last week and published the first half of their conversation yesterday. Peter explained why the United States economy isn’t recovering and why he blames the Federal Reserve. Peter also answered a slew of other questions. Does Janet Yellen know that the Fed’s monetary policies have been destructive, or is […]

The US Economy Needs to Rebuild from the Ground Up (Video)

Peter Schiff spoke with Graham Ledger about why the United States economy will only truly recover when the Federal Reserve completely abandons quantitative easing and zero-percent interest rates. Unfortunately, Peter thinks this is highly unlikely due to the political ramifications. Raising interest rates to normal levels right now would likely pop the current stock market […]

Ron Paul: A Dollar Crisis Is Inevitable, but Unpredictable (Video)

Ron Paul appeared on CNBC to warn that a US dollar currency crisis is inevitable. The host tried to zero-in on a specific time frame for a crisis, but Dr. Paul emphasized that the catalyst for such an event will be an unpredictable change in investor psychology. Most of the time these things [currency crises] […]

Don’t Expect a Rate Hike, because the Fed Is Clueless (Video)

Marc Faber told Kitco News the same thing Peter Schiff has been warning — the United States economy is too weak for the Federal Reserve to raise interest rates in June. Faber believes that eventually the markets will wake up to just how ignorant and powerless global central banks are. When that happens, investors will […]

The Fed Has Promised Too Much and Can Only Deliver Bubbles (Video)

In an interview on Bloomberg, former Morgan Stanley chief economist Stephen Roach tears apart the monetary policy of the Federal Reserve. Roach explains that Ben Bernanke has blatantly admitted that the Fed’s goal is to stimulate the economy by growing asset bubbles. Roach’s indictment of the Fed and the US economy is severe, but he […]

Gold Is Once Again Outperforming Stocks (Video)

The price of gold surged this week after the poor jobs numbers released last Friday. The yellow metal is now up about 3.5% in 2015, while the S&P 500 is up barely 1.5%. As usual, technical traders are now jumping on the gold bull wagon, at least temporarily. In this short CNBC interview, precious metals […]

Gold Will Reach $1600 by 2016 (Video)

Bloomberg TV interviewed Chris Gersch from Altimus Capital about why he believes gold is due for a price breakout. He sees both technical and fundamental reasons to support gold surging to $1600 in the next year, making him just another stock investor that is waking up to gold’s potential. The gold price has risen substantially […]

Keynesianism Still Doesn’t Make Sense (Audio)

Well-known Austrian economist and author Bob Murphy recently joined Tom Woods in a strong critique of popular, mainstream economics. Murphy tore apart everything from a recent Paul Krugman blog post to the Keynesian explanation for the 2008 financial crash. The interview is long and in-depth, but a great listen if you want a detailed rebuttal […]

The US Forced to Grapple with Waning Influence (Video)

A couple weeks ago, in a surprising policy shift, the United States government announced its willingness to work with the Chinese-led Asian Infrastructure Investment Bank (AIIB). Lew Rockwell explained to RT that after many allies applied for membership to the AIIB, the US had no choice but to cooperate. While there is already an Asian […]

Former Fed Governor: Central Bankers Need Humility (Video)

Former Federal Reserve Governor Kevin Warsh told CNBC’s “Squawk Box” that the Fed’s wishy-washy language and behavior has been spoiling the financial markets. Every nuanced speech of central bankers can influence markets, making it impossible for Americans to get a true idea of how the economy is behaving. Warsh finds it disturbing that the Fed […]