Peter's Blog

On Wednesday’s episode of The Peter Schiff Show, Peter lays out a stark picture of how official data, monetary policy, and political posturing are masking deep problems in the U.S. economy. He walks through massive retroactive job cuts in the government numbers, explains why markets were misled by a faulty birth-death model, and ties the […]

With another round of jobs data released last week, another revision to June’s numbers reveal two startling truths. First, jobs actually decreased in June, contrary to the initial estimates. Second, and arguably worse, the Trump administration’s cover-up of these numbers is as bad as critics thought. The following article was originally published by the Mises […]

The Bureau of Labor Statistics dropped a quiet bombshell on September 9, unveiling a preliminary benchmark revision that erased 911,000 jobs from March 2025 payroll tallies. The 0.6% markdown is roughly triple the average adjustment of the past decade and instantly casts doubt on months of breezy “resilient labor market” headlines. Almost the entire shortfall […]

Recent statistical revisions have reignited debates over the nature of the state’s economic statistics. No matter who’s in power and all intentional data manipulation withstanding, the simple fact is that these metrics contain pro-intervention assumptions and are by nature political. The following article was originally published by the Mises Institute. The opinions expressed do not […]