Peter's Blog

Money Supply Surges to Multi-Year High as Fed Restarts QE

The latest CPI figures are not pretty, and consumers are feeling it. Despite what politicians and Fed governors say, US monetary policy is nowhere near “restrictive,” and we’re paying the price for it. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those of Peter Schiff or […]

Peter Schiff: The Fed Destroyed Sound Money

On Tuesday’s episode of the Peter Schiff Show, Peter walks listeners through the Fed’s origin story and how the institution’s structure and mission has warped the U.S. monetary system. In the context of Kevin Warsh’s confirmation hearing for Fed Chairman, he explains why the Fed was designed as a private banking syndicate, how its notes […]

Don’t Let AI Steal Your Tacit Knowledge

A recent, and extremely controversial, Palantir essay advocates for a deep enmeshment of the state with artificial intelligence for the purpose of national security. Karl et. al make the case that those who are unwilling or unable to integrate artificial intelligence into their nation’s security infrastructure will become overtaken by those who do. Businesses and […]

The Private Credit Infection

We are constantly being worned by politicians about the threat of private credit. Even some business leaders have warned the world about how private credit has the potential to destroy the banking system. This exposure to private credit could actually end up being quite similar to the 2008 financial crisis for the same reasons that […]

When is Debt Good?

While one of the main talking points of Schiffgold is the great damage of national debt, there does exist a positive place for debt in the world. National debt is a problem because it forces the people to bear a risk that they have no desire for or understanding of. The people’s lack of care […]

Zero Base It ALL

Most governments that evaluated zero base budgeting and decided not to use it said that it would not be worth the work put into it. This begs the question of, “not worth it for whom?” The governments that actually did zero base budgeting ended up being very satisfied with the results, and this is even […]

Warsh Vows a Leaner, “Strictly Independent” Fed as Gold Brushes $4,800

In his Senate confirmation hearing on April 21st, Federal Reserve Chairman–designate Kevin Warsh pledged nothing short of a philosophical reset at the world’s most influential central bank. Backed by President Trump and politely flanked by Senator Elizabeth Warren, Warsh told lawmakers that full employment and stable prices remain “mission-critical,” yet achievable only if the Fed […]

Impulse Control Fixes This

Regardless of your system of values, there is one meta-vice that is responsible for a massive share of your discontent with the world as you know it. This is not a vice that has characterized every age, but the last hundred years or so in the western world can be characterized as an increasing growth […]

Peter Schiff: War and QE Mean Higher Inflation

On Friday’s episode of the Peter Schiff Show, Peter walks listeners through a mix of geopolitical flare-ups and what he sees as reckless monetary policy. He ties headlines out of the Middle East to market moves, argues that the Federal Reserve’s balance-sheet expansion is quietly inflationary, and contrasts profit-driven private enterprise with costly government-run alternatives. […]

Fed Gov Waller Sees “Transitory” Landmines Everywhere 

Federal Reserve Governor Christopher Waller traveled to Auburn University on April 17th bearing a familiar message: inflation may look tame if you squint, but another surprise could be lurking around the corner. While he highlighted “underlying inflation…running close to 2 percent,” recent data—from Brent crude’s surge to gasoline topping $4.10 a gallon—tells a less tranquil […]