Peter's Blog

President Trump’s highly publicized feud with Fed Governor Lisa Cook has recently frightened establishment finance types. With all the pearl-clutching surrounding the Fed’s independence, it’s easy to forget that everything the Fed already does is politically motivated. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those […]

On his recent appearance on The Macroscopic Podcast, Peter lays out a constitutional case for sound money and connects it to current policy choices that he says are wrecking the dollar. He walks through the legal foundation for gold and silver, criticizes the Trump administration’s mix of tariffs and debt-driven policy, and warns that global […]

The odds are set at 94% that the federal reserve will cut rates following the September 17th meeting. Trump has pressured Powell for this for months, and if the Wednesday meeting confirms these rate cuts, it will be a historic step for the Fed. Never before has Executive Branch’s control of money been seen so […]

On his latest podcast, Peter takes aim at a string of recent policy choices that are undermining the dollar, inflating asset bubbles, and exposing taxpayers to risk. He walks through the latest jobs data, the anomaly of easing into an inflationary cycle, the privatization of profits at the expense of public losses, and the constitutional […]

On Sunday’s episode of the Peter Schiff Show, Peter walks through a recent appellate court ruling on President Trump’s reciprocal tariffs and ties that legal news to broader themes: political incentives around taxation, the fragility of budget narratives that rely on tariff revenue, the danger of politicizing the Federal Reserve, and why fiat-driven policies make […]

Trump has repeatedly pressured Powell to lower interest rates, thinking that a spiral of Keynesian growth can undo the damage he has wrought with tariffs and one of the most hands on governments economically in recent memory. Let alone the theoretical weakness of Trump’s stands, he is viewing the Fed in an unprecedented yet still […]

Fed Chair Jerome Powell is under increased scrutiny after he recently admitted to having no plan in place to address stagflation. Despite the Fed’s supposed independence, it’s time for liberty-minded politicians to disempower Powell and his inflationist counterparts. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect […]

“The Fed’s modern statutory mandate, as described in the 1977 amendment to the Federal Reserve Act, is to promote maximum employment and stable prices.” These two requirements are commonly known as the dual mandate. These two requirements have arisen from the unique power that the US Fed has in comparison to most other central banks. […]