Peter's Blog

Peter Schiff: History Shows It’s Impossible to Put the Inflation Genie Back in the Bottle

The markets basically shrugged off the hotter-than-expected inflation data for January. Most people remain convinced that the Fed can easily get price inflation back to 2% without wrecking the economy. But in his podcast, Peter explains that stuffing that inflation genie back into the bottle is a lot harder than most people seem to think.

Peter Schiff: Here’s Why Inflation Is Going to Get Worse

The January CPI report threw cold water on the idea that the Federal Reserve has inflation under control. While the headline annual CPI came down a tick to 6.4%, month-on-month prices rose by 0.5%. After the data came out, Peter Schiff appeared on NTD News to explain why inflation is going to get even worse.

Peter Schiff: The Fed Brought a Knife to an Inflation Gun Fight

Despite the hotter-than-expected CPI report, the mainstream still seems convinced that the Federal Reserve can get inflation under control and bring the economy to a soft landing. But Peter Schiff argues that the central bank can’t win this fight – at least not without crashing the economy. Since the Fed isn’t willing to do that, […]

Billionaire John Paulson: You Need Gold Not Dollars

Billionaire hedge fund manager John Paulson said you’re better off owning gold than dollars. Why? Because he thinks the dollar is set up for long-term depreciation as the world drifts toward dedollarisation.

January CPI Throws Cold Water on “Disinflation” Narrative

After the December Consumer Price Index (CPI) report, the mainstream was giddy. “Inflation is over!” they proclaimed. “The Fed is winning the inflation fight!” they cried. “We are entering a period of disinflation!” they insisted. Well, the January CPI report threw cold water on that disinflation narrative.

“Supercore” Inflation: The Latest Buzzword to Remind You Everything Is Fine

There is apparently a new economic buzzword out there – supercore inflation. CNN says this is a buzzword we all need to pay attention to. Why?

Fiscal 2023 Budget Deficit Already Approaching a Half-Trillion Dollars

Just four months into fiscal 2023 and the US federal budget deficit is already approaching half a trillion dollars. This is a big problem for the Federal Reserve that few people seem to be talking about.

Peter Schiff: Inflation Is Going to Get Much Worse (Interview)

The mainstream seems more and more convinced that the Federal Reserve can bring inflation back down to 2% without creating any significant problems in the economy. After the February FOMC meeting, Fed chair Jerome Powell even suggested that the economy would avoid dipping into a recession. But in an interview on Fox Business with Liz […]

Shrinking Money Supply Undercuts “Soft Landing” Narrative

The better-than-expected non-farm payroll report for January along with the smaller interest rate hike delivered by the Federal Reserve at its February meeting increased optimism that the central bank can bring price inflation back to 2% without tanking the economy. But the shrinking money supply undercuts this soft landing narrative.

Peter Schiff: Risk On; Economic Understanding Off

We saw a big rotation into risk assets after last week’s Federal Reserve meeting. Then we had another big shock to the markets when the non-farm payroll report came out much stronger than expected. In his podcast, Peter Schiff broke down the market reaction to last week’s events and reveals that while risk was on, […]