Peter's Blog

Two weeks into the government shutdown, many eyes are on the federal budget. Now is as good a time as any to remind the public both why the US should properly be called a “tax state” and why that’s not a good thing for the country. The following article was originally published by the Mises […]

Trump has repeatedly claimed that he has beaten inflation. His high spending “Big Beautiful Bill,” along with his desperate calls for expansionary monetary policy draw ire from anyone who understands the world from an Austrian perspective. However, he still has the audacity to claim that he has solved inflation, and we no longer need to […]

Peter recently appeared on Fox Business to comment on the precious metal sector’s record-breaking price action. With the yellow and white metal both reaching new all-time highs and the futures market showing no sign of slowing, Peter explains the rally and analyzes its broader significance to American savers and world governments.  He starts by putting […]

Peter spends Wednesday’s podcast unpacking gold’s recent milestone and tracing how decades of monetary policy produced the moment we’re in now. He connects December futures breaking the $4,000 headline to the deeper story of the post-1971 dollar regime, sanctions-driven de-dollarization, and what he sees as an unavoidable market reckoning ahead. He opens by correcting a […]

A new round of tariff announcements from the Trump administration sent markets reeling, with cold coming down from its all-time high over $4,050, only to settle above $4,000, signaling collective doubt in the system itself as investors rush to protect themselves with hard assets.  Collectively, markets are reaffirming gold’s role at the center of sovereignty, […]

Teddy Roosevelt is simultaneously loved and reviled by both parties. His enigmatic legacy comes as a result of his stances that maddened even his own party at the time, along with his unprecedented use of presidential power. He simultaneously attacked corporations, other countries, and racial equality, all while creating the internationally involved vision of America […]

Peter Schiff presents a detailed analysis of the precious metals market in this week’s Schiff Gold Friday wrap-up. He highlights a historic week for gold and silver, noting gold’s record high surpassing $4,000 and silver’s rise above $50. Schiff discusses the market’s reaction to these increases, the nervousness of investors, and the subsequent stock sell-offs, […]

The Fed is governed by institutional rules that separate it in operation and incentive from all other banks. Rather than being driven by profit and benevolence, it is ruled by a convoluted system of spoken and unspoken incentives that are often at odds with one another. The purpose of the Fed is nominally to keep […]

In today’s interventionist economy, the Fed inflates away the dollar and congress and the presidency spend trillions on a whim. But according to Austrian economist Murray Rothbard, the modern bureaucracy– especially the civil service system– is arguably the greatest threat to American liberty. The following article was originally published by the Mises Institute. The opinions […]

Through its insistence on controlling the money supply, the modern state has turned coin clipping and rank monetary debasement into exalted progressive doctrine. The state’s printing of new money seems like a “free lunch,” but we all know that there’s no such thing. The following article was originally published by the Mises Institute. The opinions […]