Peter's Blog

How Inflation Stole a Century of Falling Prices

With the latest 12 month CPI figure coming in at 3.3%, it’s clear that inflation is alive and well. What’s less clear to the public is the fact that inflation is a policy choice– an intentional political act meant to rob citizens of the benefits of falling prices. The following article was originally published by […]

The Two-Tiered Damage of the Iran War

Do not let them get away with the war in Iran. The stock market is up, but the war’s consequences cannot be wiped away cleanly with financial success. Politicians have long avoided accountability for any sort of foreign involvement. Trump led all of his voters into believing that he wanted an end to foreign wars […]

Consumer Sentiment Has Never Been This Bad

Consumer sentiment has hit an all-time low in America as the promises of Trumpenomics like a flood of tariff wealth, slashed income taxes, and lower prices are washed away by the tides of war, low growth, bad math, and money printing. Politicians want to be good at math when it serves them, and terrible at […]

Federal Deficit: TTM Interest Expense Exceeds $1T

Federal Budget The Federal Government publishes the spending and revenue numbers on a monthly basis. The charts and tables below give an in-depth review of the Federal Budget, showing where the money is coming from, where it is going to, and the surplus or deficit. The government fiscal year closes at the end of September, […]

The Persistent Myth – War Is Not Good for the Economy

Despite pundits’ claims to the contrary, war is not good for the economy. When warhawks fail to grasp this, they fall prey to the age-old broken window fallacy. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those of Peter Schiff or SchiffGold. War is the ultimate […]

Peter Schiff: Markets Rally on Peace — But the Fed Rules Everything

On Tuesday’s episode of The Peter Schiff Show, Peter walks through the latest flare-up with Iran, the strange market response to de-escalation, and the future of the wartime economy. He argues that headlines about war and peace are being subordinated to one force above all — the Federal Reserve — and makes the case that […]

Peter Schiff: Start Stacking Precious Metal

In Peter’s most recent interview on the Thread Guy channel, he walks listeners through the logic of prepping in an era of war, misinformation, and market manipulation. He argues that official numbers and political spin are unreliable, that the president now moves markets in real time, and that these factors increase incentives to diversify out […]

Peter Schiff: Energy, Inflation, and Bad Policy Ahead

On Friday’s episode of The Peter Schiff Show, Peter lays out a bleak picture for the near-term U.S. economy: weak job gains, rising energy costs, and mounting commodity inflation that threaten to push real interest rates down and gold up. He also ties in geopolitical risks and a recent Supreme Court decision on tariffs to […]

Schiff w/ Joy: The Dollar’s Time is Limited

Last week, Peter appeared on the Shannon Joy Show to walk through why inflation is not a transient problem and how policy and politics are masking deeper economic risks. He connects recent price data, market vulnerabilities, and the dollar’s short-lived strength to argue that sound money — particularly gold — will expose the true state […]

Trust the Market, Not Government Stimulus

Some commentators are of the view that one cannot trust the market economy, which is seen as inherently unstable. If left free, the market economy could lead to self-destruction. Hence, there is the need for the government and the central bank to manage the economy. It is held, in this framework, that successful management could be achieved […]