Peter's Blog

Peter Schiff: Very Scary Admissions from the Fed

Last week, the Federal Reserve delivered a 75-basis point rate hike, but Fed Chair Jerome Powell failed to deliver the more doveish rhetoric that many expected. The messaging did not indicate much softening in the stance on the future trajectory of rate hikes, despite an apparent “soft pivot” the week before. In his podcast, Peter […]

Peter Schiff: The Real Estate Bubble Is Losing Air and a Financial Crisis Is Coming

Artificially low interest rates blew up a big housing bubble. In a podcast, Peter Schiff explained that it is actually a bigger bubble than the one preceding the 2008 crash. But this time, it is combined with an overall bubble in the entire economy that dwarfs ’08. Peter said all of this has the makings […]

Peter Schiff: Stocks Are Priced for Perfection in an Imperfect World

Despite all kinds of economic bad news, as of Friday, the Dow Jones was on pace for the best October in history. As Peter Schiff explained in his podcast, this demonstrates the fact that for now, bad news is good news, and stocks are priced for perfection in an imperfect world.

Peter Schiff: Fed Folds With a Soft Pivot

We have been saying the Federal Reserve is bluffing in this inflation fight because it is holding a losing hand. And Peter Schiff thinks the central bank has folded with a soft pivot. He explained why on his podcast.

Peter Schiff: When the Sucker’s Rally Ends, the Dollar Will Crash

The world loves dollars. Whenever there is a problem, people flock to the dollar as a safe haven. But the US has problems of its own. In a podcast, Peter Schiff said America’s problems will eventually catch up to the dollar and at that point, the greenback will crash.

Peter Schiff: The Fed Is Going to Have to Choose

The Federal Reserve is between a rock and a hard place, and it’s going to have to make a hard choice – inflation or economic implosion. Peter Schiff talked about it on his podcast.

Peter Schiff: Inflation Insanity Continues

As Peter Schiff put it in a recent podcast, the inflation insanity continues. We got the September Consumer Price Index (CPI) data and it once again came in hotter than expected. Month-on-month, CPI was up 0.4%. That was double the 0.2% expectation. On an annual basis, the CPI was 8.2%.

Peter Schiff: The Fed Didn’t Create the Inflation Problem Last Year; It Was Decades in the Making

It’s easy to look back over the post-pandemic era and say the Federal Reserve stayed too loose for too long in the face of rising CPI. For months, the central bank ignored the inflation problem, claiming it was transitory. But as Peter Schiff pointed out in a podcast, the loose money problem isn’t anything new. […]

Peter Schiff: A Massive Fiscal Time Bomb

Federal Reserve Chairman Jerome Powell knew fighting inflation would cause big problems in a bubble economy loaded up with debt. He put it off as long as he could, calling inflation “transitory.” But once inflation became a huge problem, the central bank had no choice but to get into the fight and start tightening monetary […]

Peter Schiff: The Bank of England Rings the Mother of All Bells

Last week, the Bank of England suddenly pivoted. It gave up its inflation fight to rescue its pension funds and bond market. What exactly happened? And what does it tell us about the Federal Reserve’s inflation fight? Peter Schiff explained it all on his podcast.