Peter's Blog

The Fed Holds Rates at 4.5% Amid Rising Risks of Stagflation

As of last week, the Federal Reserve has basically admitted it doesn’t know what’s happening in the economy. One thing’s for sure: inflation is still a problem.

Peter Schiff: The Fed Admits It Doesn’t Know Anything

In Wednesday’s episode of The Peter Schiff Show, Peter unpacks the Federal Reserve’s recent decision to hold rates steady, dissecting Jerome Powell’s latest press conference for its contradictions and disconnect from the economic realities faced by Americans. He also critiques ongoing trade policy blunders and warns that political posturing could lead the U.S. into a […]

Fed Holds Rates, Acknowledges Economic Uncertainty

The Federal Reserve announced yesterday that it would maintain the federal funds rate at its current target range of 4.25% to 4.5%, despite mounting concerns over inflation and economic uncertainty. In its latest monetary policy statement, the Fed said that economic activity continues to expand solidly, but simultaneously cautioned that inflation remains elevated. With the […]

Schiff on Mining Network: Gold Up as Easy Credit Weigh on the Dollar

Last week Peter joined Peter Gadsdon at The Mining Network for a wide-ranging conversation on the drivers behind the gold market, the true nature of global trade, and the persistent headwinds facing the US economy. In his critique of the mainstream narrative, Peter argues that headlines and central bank policies—not real economic fundamentals—are moving markets, […]

The Dollar Falters as Gold Remains Stable     

In the past three months, the U.S. Dollar Index (DXY) has fallen from 108 to below 99. This means the dollar has dropped in value relative to major foreign currencies by over 8% in just the past quarter. This is disastrous for those holding large amounts of uninvested cash. In just a short period, the […]

The Trump Tariffs: Why Free-Trade Is the Only Way Forward

The United States has taken a very strong protectionist stance on global trade. With the recent tariffs imposed by the Trump administration, which include 10% baseline duties on most imports, a staggering 145% on Chinese goods, and targeted tariffs on European and automotive imports, the debate over the nation’s trade policy has become highly contentious. […]

U.S. Economy Stumbles into Negative Territory Amid Rising Inflation and Imports

America’s economy contracted slightly in the first quarter of 2025, with real GDP slipping 0.3%, reversing from a solid 2.4% growth seen in the previous quarter. According to the advance estimate released by the Bureau of Economic Analysis (BEA), the downturn was largely driven by surging imports and reduced government spending. Despite underlying resilience in […]

Trump’s Easy-Money Agenda: Empowering Wall Street, Undermining Main Street

Although Jerome Powell appears temporarily safe from President Trump’s ire, it’s only a matter of time before the pressure to cut rates will ratchet up on the Fed. Indeed, Trump– like all other politicians– wants low interest rates to facilitate ever-increasing deficits and obscure the faultlines in the economy.

13-Week Money Supply Growth Continues to Decelerate

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.

Schiff on Young & Profiting: Inflation, Taxes, and the Case for Real Money

On a recent appearance on the Young & Profiting podcast, Peter Schiff joins host Hala Taha to explain why today’s economic challenges—from rising income inequality to persistent inflation—trace back to misguided monetary policy and unsustainable government spending. Peter lays out his case against the conventional wisdom of redistribution, critiques the current tax system, and calls […]