Peter's Blog

What can dubious pricing strategies of airlines in the 1990s teach us about the dynamics of the U.S. government? The Airline Tariff Publishing Company (ATPCO) allowed airlines to post their prices online long before the airlines actually had to commit to offering those prices to consumers. This was supposed to allow freedom of information on […]

Bitcoiners are hoping that the Trump administration will pump their bags to new all-time highs this year with a Bitcoin Strategic Reserve. But all around the world, governments are selling bitcoin and buying gold, not the other way around.

Whether it is industry or immigration, both parties emphasize the freedoms they protect, wishing to paint themselves as the true party of liberty. Their focuses are both quite different yet they rely on telling their base that the other party is coming for their most fundamental freedoms. This argument works because it plays upon one […]

The story of America’s job growth is more complex and nuanced than the government wants us to believe. In a world where job numbers wield significant influence over perceptions of economic health, it’s crucial to scrutinize the data—and the methods behind their presentation—closely. In his latest podcast, Peter Schiff delves into the murky waters of […]

In his latest podcast episode, Peter uncovered the unsettling realities of recent job market trends, focusing primarily on the December jobs report. He casts a light on the sickly nature of recent job creation:

Price inflation has been even worse than advertised. Of course, you know that because you’ve lived it. But it is nice when the data crunchers swerve a little closer to reality. The Bureau of Economic Analysis did just that, revising its Personal Consumption Expenditure (PCE) data higher for the entirety of this inflation cycle.

Americans have been laboring under the burden of inflation for well over a year. We feel the pain everywhere, from the gas pump to the grocery store. Once it became impossible to sell the “inflation is transitory” narrative any longer, the Federal Reserve began raising interest rates to fight inflation. As a result, the bubble […]

Economics 101 – incentives matter. But politicians often seem to forget this. Or simply ignore it. “Generous” unemployment benefits provide the perfect example. With the US government handing out enhanced unemployment checks, we ended up in a bizarre situation with high unemployment even as job openings hit record levels.

The labor market is a mess. Millions of people are collecting unemployment. Meanwhile, businesses across the country are having a hard time filling positions. In what kind of world does this make sense?

When Peter Schiff appeared on Joe Rogan’s show, he made the case that the Federal Reserve and Congress are the real problems facing America. The central bank and the federal government cripple the economy, destroy opportunity, and generally make life more difficult for the average American. But why? Why would people who claim to be […]