Peter's Blog

The State and the Death of The Small Town

In 1800, only 5% of the American population lived in cities, yet by 2020 that proportion had flipped dramatically and now only 20% live outside of them. This is not a result of mere preference or expediency, but rather a long process of natural momentum accelerated by regulatory overreach. Vast increases in agricultural productivity and […]

3 Regulatory Categories in Financial Innovation

As regulation seeks to enclose the rapidly expanding financial services sector, the freedom found in innovation proves that success for customer and business alike can be found best far from restrictive regulations. While regulation often inherently favors the businesses that already exist, regulators also try to keep up with recent business trends to prevent fraud, […]

Schiff on Global Gambit: Inflation Will Define the Next Crisis

On Monday, Peter appeared on Global Gambit with host Pyotr Kurzin to discuss the latest in geopolitics. Peter walks through the market and geopolitical fallout from the recent conflict in Iran and explains why the immediate market moves are misleading. He ties the spike in inflation not just to oil but to larger fiscal choices—bigger […]

The Deadly Tradeoff Between Learning and Safety

Although learning things the hard way is often seen as a benchmark of failure, it often might be the only way to learn. Particularly in situations of first time discovery, repeated failure is all but necessary to produce a meaningful new outcome. Learning things the hard way should only be seen as failure when one […]

Schiff on Triangle Investor: The Dollar is on the Decline

Last week Peter appeared on Triangle Investor to discuss the latest economic news, including last week’s 2.4% CPI figure. Over the course of the interview he connects rising precious metal demand to central bank behavior, warns that runaway interest costs are about to reshape federal finances, critiques crypto’s fragile dynamics, and explains how artificially low […]

War, Oil, and Inflation Are Setting Up Gold’s Next Surge

Gold falls as war drives oil higher, but Peter Schiff says stagflation, deficits, and a weaker dollar are setting up gold’s next major surge. Peter Schiff explains why the latest pullback in gold, silver, and mining stocks is not a sign that the bull market is over, but a temporary reaction to rising oil prices, […]

Why Governments Don’t Determine Money’s Value

With inflation still running hot and disastrous jobs data coming in, it’s tempting for policymakers to spread myths about the economy, particularly around the origin and nature of money. As the Austrian school demonstrates, fiat money– and all money for that matter– does not derive its value from dictates of the government. The following article […]

Peter Schiff: War, Oil, and Inflation Are Crushing the Economy

In his latest podcast, Peter continues his analysis of the US war with Iran and its fallout in the oil market. He argues the short-term pain from military escalation is pointless compared with the constructive pain of fiscal restraint, and he explains why misleading CPI numbers and an accommodating Federal Reserve make sound money increasingly […]

Rothbard on War and Peace

The United States is embroiled once more in a Middle Eastern war, and warhawks are out in full force to defend the conflict from scrutiny. As with all wars, the latest clash with Iran is liable to distort and destroy American economic relations, culture, and civic life. The following article was originally published by the […]

CPI Stubbornly Resists 2% Goal; Gold Brushes $5,180 

Inflation’s embers refused to cool in February, with the Consumer Price Index for All Urban Consumers edging 0.3 percent higher after January’s 0.2 percent bump. Headline prices now stand 2.4 percent above year-ago levels, still north of the Federal Reserve’s vaunted 2 percent target. Core inflation, which strips out the volatile food and energy categories […]