Peter's Blog

Peter Schiff: Gold’s Breakout Is Just Getting Started

On Friday’s episode of The Peter Schiff Show, Peter examines gold’s recent push through $4,000 and what it signals about inflation, the Fed, and market psychology. He walks through how the financial press misreads precious-metals flows, parses the latest CPI (Consumer Price Index) data, and connects rising prices to policy failures — then calls out […]

What Debt? Just inflate! 13 Week Money Supply Continues Accelerating

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 […]

The Slow Death of the Middle Class: Inflation’s Silent Stranglehold

All taxes make their payers worse off, but one stands above the others in its uniquely sinister nature. Inflation – the slow, subtle erosion of purchasing power– is the tax that kills the middle class. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those of Peter […]

Fed Ignores Rising Inflation as August Prices Climb

Another month goes by, and the Fed’s 2% inflation target remains a distant paradise. Even though inflation has actually increased by some metrics, the Fed has nonetheless fired up the money printers, revealing it cares more about political ends than keeping prices stable. The following article was originally published by the Mises Institute. The opinions […]

Peter Schiff: Rate Cuts Will Make Inflation Worse

In his latest podcast, Peter goes through the just-released August consumer price data and uses the report as a springboard to explain why the markets are misreading the Fed and why ordinary Americans are likely to pay the price. He connects the dots between an understated CPI (Consumer Price Index), the rally in stocks tied […]

The Politics Behind Government Statistics

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 […]

Peter Schiff: PPI Says Inflation is Back

On Sunday’s podcast, Peter breaks down the latest economic headlines and explains why the official PPI numbers, released last week, are hiding a worsening reality. He connects bad jobs revisions, distorted inflation measures, and reckless trade moves to a policy mix that will fan inflation while weakening American industry. He opens by revisiting last week’s […]

When the Data Is Bad, Just Lie

Bad jobs numbers? Just say they’re good. High inflation? Just claim it’s low. While the old adage “numbers don’t lie” may have a ring of truth, in reality, people lie a lot, and governments lie constantly—and they’re releasing the data that all the big decisions are supposed to be based on.  For example, if people […]

BOJ Flags Trade-War Headwinds, Hints at Rate Hikes

Japan’s central bankers are juggling a stubbornly hot CPI, cooling exports, and a fresh volley of U.S. tariffs—all while investors pile into gold. In its July 30th-31st policy meeting, the Bank of Japan (BOJ) conceded the economy “has recovered moderately,” yet warned that escalating trade friction is set to sap growth “in the near term.” […]

Why the CBO Can’t Warn About an Inflation-Driven Debt Crisis

Longtime followers of infeneo (and its associated InFi podcast) know that I am no friend of Modern Monetary Theory (MMT). My chief complaint is that their ostensibly unorthodox ways of viewing government finance are incredibly misleading, at least in the hands of some of their most popular gurus. In today’s post I’ll give yet another example, this one coming from […]