Peter's Blog

Yesterday, Peter joined Kai on the Soar Financially YouTube channel to walk through recent moves in precious metals and what those moves reveal about the broader economy. He links a silver breakout and rising premiums to a deeper trend: eastward accumulation of bullion, growing doubts about the dollar, and a fiscal trajectory the markets may […]

Current Trends The government hit the debt ceiling back in January which blocked any net new debt from being created from January to June. Once the debt ceiling was lifted, the government wasted no time in catching up for all the months where borrowing was frozen. Over the last 7 months, the government borrowed an […]

Two weeks into the government shutdown, many eyes are on the federal budget. Now is as good a time as any to remind the public both why the US should properly be called a “tax state” and why that’s not a good thing for the country. The following article was originally published by the Mises […]

As the west muddles through murky economic waters, many call on the Federal Reserve to hold off a recession. But, as our neighbors to the east show us, central banks are highly constrained in what they can actually accomplish, and more inflation isn’t the right move.

The government hit the debt ceiling back in January and has been pursuing extraordinary measures since. This usually means dipping into things like Civil Service Retirement funds to free up cash and avoid borrowing any more money.

The Government debt binge has slowed in the latest month, adding only $2B in new debt for January.

Amid record tax receipts, the U.S. still faces a dire fiscal future, with deficit spending predicted to climb from $1.9 trillion in 2024 to a staggering $2.8 trillion by 2034. This unsustainable financial trajectory threatens to cripple the economy with higher taxes, stunted growth, and a devalued currency. The overwhelming debt burden will be passed […]