Peter's Blog

Schiff w/ Lin: The Bond Market’s Day of Reckoning is Coming

In a recent interview with David Lin, Peter breaks down the futility of central bank intervention, including Japan’s efforts to prop up the yen to Washington’s inflationary tricks aimed at suppressing bond yields. He also undercuts Treasury Secretary Scott Bessent’s credibility, explains why falling prices are actually a good thing, and warns that decades of […]

Peter Schiff: A Rate Hike Charade and Trump’s Phony Dividend

In Saturday’s episode of the Peter Schiff Show, Peter breaks down the latest inflation report and what it means for the Federal Reserve’s rate decision, arguing that a token rate hike would be more theater than substance. He then turns to President Trump’s proposal of a $5,000 “dividend” to Americans funded by tariff revenue, calling […]

Schiff w/ Diesen: Doubling Down on Tariffs is a Mistake

In his latest interview with Glenn Diesen, Peter tackles a wide range of policy failures unfolding under the current administration, from the stalled war in Ukraine to the growing pile of unfunded government promises. He also explains why central banks are quietly turning to gold instead of US treasuries, and why Trump’s tariff war is […]

Bernanke Saved the System, Not the Economy

Former Fed Chair Ben Bernanke is celebrated for the unprecedented interventions that supposedly saved the economy from depression after the 2008 financial meltdown, expanding the Fed’s role well beyond its traditional purchase of short-term treasury bills into buying private stocks, mortgage securities, and long-term government debt. Rather than allowing the malinvestments of the housing boom […]

Why Eliminating Cash Would Harm the Market Economy

Monetary authorities increasingly argue for eliminating physical cash altogether, citing tax evasion, the shadow economy, and the instability caused when people run for cash during a crisis. But money is a commodity that emerged through voluntary market selection, not something a central bank can conjure by decree, and abolishing cash strikes at the medium of […]

Schiff on CapitalCosm: Debt, the Dollar, and the Inflation Election

On Thursday, Peter joined host Danny on CapitalCosm to unpack the deepening cracks in the US debt market and what they mean for the dollar, oil, and the political landscape heading into 2026. He walks through weak Treasury demand, the fragile yen carry trade, and why “growing our way out of debt” remains a fantasy, […]

Wholesale Inflation Jumps as Energy Costs Surge

The Bureau of Labor Statistics reported Thursday that the Producer Price Index (PPI) for final demand rose 0.4% in August, a sharp acceleration from July’s 0.1% gain and June’s 0.1% decline. On an unadjusted basis, wholesale prices are up 5.4% over the past 12 months, more than double the Federal Reserve’s 2% target. The report […]

Peter Schiff: The Fed is Making Empty Promises

In Tuesday’s episode of his podcast, Peter breaks down why copper looks like a bargain relative to gold, even as prices for the industrial metal move higher. He then pivots to the war in Iran, calling out what he sees as a pattern of dishonesty from the Trump administration, before circling back to economics with […]

Peter Schiff: Gold’s Bull Market Is Just Getting Started

On Tuesday, Peter joined The Street to sit down for a wide-ranging interview covering gold’s historic climb, the dollar’s ongoing collapse in purchasing power, and why he thinks Washington’s optimism on oil prices is misplaced. He also takes aim at Bitcoin, arguing that its five-year bear market is far from over despite the unwavering confidence […]

Peter Schiff: Tariffs, Fake Data, and the Fed’s Coming Inflation Trap

In his latest episode of the Peter Schiff Show, Peter returns to Puerto Rico to dismantle the government’s economic reporting system, expose the contradictions in Trump’s pressure campaign against the Federal Reserve, and share a personal story that reveals the hidden costs of tariffs. He closes with a historical parallel that shows just how absurd […]