Peter's Blog

Peter Schiff: Kamala’s Policies Get Worse

On Friday’s episode, Peter focuses on the Harris campaign’s recently announced and economically illiterate policy proposals, including what are effectively price controls and additional subsidies to drive housing costs up. He also discusses what proved to be a great week for gold, with the metal finishing the week above $2500.

Populist “Kamalanomics” Will Make Inflation Even Worse

Unveiling her set of “populist” economic actions for her first 100 days in office, Democratic presidential nominee Kamala Harris has promised a slew of government interventions to ease economic pain for Americans. But, like all economic interventions, they’ll make the problem even worse, cutting out the free market’s natural balancing mechanisms in favor of central […]

Peter Schiff: The Fed Still isn’t Data-Driven

In this mid-week episode, Peter analyzes recent PPI and CPI reports, reiterates his September rate-hike prediction, and comments on the Tump-Musk X interview that garnered the country’s attention on Monday. He also diagnoses the source of high housing and education costs that have made the economy feel so brutal to everyday Americans.

CRE Doom Loop: Rate Cuts Can’t Fill Office Buildings

With the expectation of an interest rate cut soon, commercial real estate stocks are up. But while lower interest rates might kick the can down the road, they can’t fill empty office buildings — so they won’t end the post-COVID CRE doom loop that could trigger a banking meltdown.

Peter Schiff: More Disastrous Rate Cuts on the Horizon

Peter’s back in Puerto Rico for this episode. He explains his theory behind the market’s bounce back last week, notes why last week’s panic bodes poorly for Bitcoin, and comments on two major political events— Kamala Harris’s VP pick and the “hate speech” clamp-down in the United Kingdom.

Federal Budget: Government Adds $662B of Debt in Three Months

Federal Budget The Federal Government publishes the spending and revenue numbers on a monthly basis. The charts and tables below give an in-depth review of the Federal Budget, showing where the money is coming from, where it is going to, and the surplus or deficit.

Peter Schiff: Trump’s Election is Assured

In this extra long episode, Peter covers a lot of ground. Starting with the assassination attempt on Donald Trump’s life and the country’s reaction to it, Peter also discusses his hopes for Trump’s increasingly likely second term. He then pivots to Jerome Powell’s remarks from this past week, offers criticism of a recent Supreme Court […]

Free Money Advocates: Undoing Medical Debt From Credit Reports Isn’t Enough

The Biden Administration’s Consumer Financial Protection Bureau (CFPB) just issued a proposal to ban medical debt from factoring into your credit score. But for free-money socialists and their Keynesian bedfellows, this doesn’t go nearly far enough: short of canceling medical debt entirely, nothing else is acceptable.

Money Supply Growth is Flattening Out

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.

Peter Schiff: Biden Brags About Raising Taxes 

This week Peter’s back to discuss new economic data, Powell’s recent remarks in the Netherlands, and the Biden administration’s new tariffs. More and more signs point to economic stagflation, but Biden, Powell, and their cronies continue to deflect the blame and increase everyday Americans’ taxes.