Peter's Blog

Why Transparent Monetary Policy Still Creates Instability

Some economists argue that the key to economic stability lies not in reforming the monetary system but simply in making the Fed more predictable and transparent in its policies. But as Austrian economists have long argued, it is not a lack of transparency that triggers boom-and-bust cycles. It is the Fed’s fundamental tampering with financial […]

How Regulation Protects Monopolies and Weakens Competition

Most Americans understand the visible harm that excessive regulation causes – higher costs and fewer choices in the marketplace. Those less familiar with Austrian economic theory may not appreciate that government regulations also actively create monopolies by shielding politically connected industries from the competitive pressures that drive innovation and spread knowledge. The following article was […]

Peter Schiff: The Dollar Is on the Brink

Last week, Peter joined Caroline at The Street for a discussion about the state of the economy and the future of the global reserve currency. He warns listeners that the U.S. faces deeper trouble than most realize and that the fallout could touch everything from stocks to sovereign credit and the value of the dollar. […]

Gold at $4600, Dollar Crashing Below 98, Trump’s 25% EU Car Tariffs & Bitcoin vs. Saylor

With gold prices holding firm around $4,580–$4,620/oz, the U.S. Dollar Index tumbling back below 98 (erasing its entire Iran-war safe-haven bounce), and President Trump announcing 25% tariffs on European cars and trucks starting next week, the markets are moving fast — and Peter is breaking it all down in real time. In this episode Peter […]

Peter Schiff: Spirit Airlines Will Be a Government Boondoggle 

On Wednesday’s episode of The Peter Schiff Show, Peter dissects Fed Chair Jerome Powell’s final Federal Reserve conference and what it signals about monetary policy going forward. He tackles the surreal optics of a central banker promising to remain on the decision-making committee after his term ends, questions the Fed’s inflation credibility, and connects the […]

Behind the Fed’s Curtain: What They Really Think

The Federal Reserve is upheld as a scientific and prestigious institution capable of reining in the excesses of an unregulated economy. In public, Fed officials project confidence and candor, but in private they sometimes acknowledge the problems with centrally planning money. The following article was originally published by the Mises Institute. The opinions expressed do […]

The Warning of Iran

While in every nation people have a long list of grievances against their own government, it is generally assumed that this is a normal experience accepted by most. The overreaches of central control and the ever-growing layers of bureaucracy seem to be significant, but always manageable. This normalization of poor governance seems to only have […]

13 Week Money Supply Growth is Trending Above 5%

Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect. One key metric shown below is the “Wenzel” 13-week annualized money […]

Inflation Is Noise in the Price Signal

Americans are well-acquainted with the primary effect of inflation– higher prices across the economy. Those not versed in Austrian Business Cycle Theory may not realize that inflation also disrupts and confuses economic calculation, the critical process by which capital is directed toward its best use. The following article was originally published by the Mises Institute. […]

Schiff w/ Lutz: Washington Can’t Bail Itself Out This Time  

In his latest interview on Kerry Lutz’s Financial Survival Network, Peter lays out out a sober warning about the macroeconomy and the world’s preferred reserve currency. He frames our economic situation as the inevitable result of decades of fiscal and monetary mismanagement, and he urges listeners to think about capital preservation now rather than waiting […]