Peter's Blog

Money Supply Growth Continues at an Elevated Pace Despite Fed’s tough Talk

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. One key metric shown below is the “Wenzel” 13-week annualized money […]

Chicago Fed President Says Some Inflation Shocks Can No Longer Be Ignored

Austan Goolsbee, President and CEO of the Federal Reserve Bank of Chicago, delivered remarks on September 21st at the Official Monetary and Financial Institutions Forum in London that challenged one of the central tenets of modern monetary policy. Goolsbee argued that the post-1970s doctrine of “looking through” supply-driven price shocks needs revision, stating plainly that […]

Schiff w/ Bitcoin Magazine: The Bond Bear Market is Just Getting Started

In a recent interview with Bitcoin Magazine, Peter breaks down the long unwind of the decades-long bond bull market and explains why he thinks the pain is far from over. He also takes aim at reckless government spending under both parties, dismisses the Fed’s tepid rate moves as irrelevant, and delivers his verdict on Bitcoin’s […]

Peter Schiff: The Fed’s Hike is a Bluff

In his post-FOMC podcast, Peter breaks down the Federal Reserve’s latest rate hike and explains why the modest move signals much bigger economic problems ahead. He connects the dots between runaway fiscal policy, rising interest rates, and the political theater surrounding Donald Trump’s threats against Fed Chair Jerome Powell, all while warning listeners that crypto […]

Trump Spending Pushes the Deficit to Its Highest Level Since COVID

Long-term Treasury yields are surging to levels not seen in decades, with the 10-year climbing above 4.9 percent and the 30-year above 5.3 percent, as investors brace for a flood of new government debt. Fiscal year 2026’s cumulative deficit has already reached $1.79 trillion, the largest outside the Covid era, while the national debt closes […]

Schiff on Trading Trends: America’s Debt Bomb is About to Go Off

Peter recently joined the “Trading Trends” podcast for a wide-ranging conversation about America’s deteriorating fiscal position, the enduring appeal of gold, and why he remains bearish on Bitcoin. He also touches on why the dollar continues to attract capital despite its obvious flaws, and lays out how the ongoing conflict with Iran reveals cracks in […]

Schiff on Redacted: Inflation Never Went Away

Peter recently joined Clayton and Natali Morris on the Redacted podcast to walk through why the inflation story never should have lost steam. He covers everything from diesel prices to the copper and gold ratio, the Fed’s toothless rate policy, the hidden costs of the AI boom, and why he thinks inflation will once again […]

Schiff w/ Lin: The Bond Market’s Day of Reckoning is Coming

In a recent interview with David Lin, Peter breaks down the futility of central bank intervention, including Japan’s efforts to prop up the yen to Washington’s inflationary tricks aimed at suppressing bond yields. He also undercuts Treasury Secretary Scott Bessent’s credibility, explains why falling prices are actually a good thing, and warns that decades of […]

Peter Schiff: A Rate Hike Charade and Trump’s Phony Dividend

In Saturday’s episode of the Peter Schiff Show, Peter breaks down the latest inflation report and what it means for the Federal Reserve’s rate decision, arguing that a token rate hike would be more theater than substance. He then turns to President Trump’s proposal of a $5,000 “dividend” to Americans funded by tariff revenue, calling […]

Peter Schiff: The Fed is Making Empty Promises

In Tuesday’s episode of his podcast, Peter breaks down why copper looks like a bargain relative to gold, even as prices for the industrial metal move higher. He then pivots to the war in Iran, calling out what he sees as a pattern of dishonesty from the Trump administration, before circling back to economics with […]