Peter's Blog

On Wednesday’s episode of The Peter Schiff Show, Peter connects a string of current worries: presidential promises about an Iran deal, sticky bond yields, a massive AI-driven capital expenditure boom, and renewed fragility in crypto finance. He ties them together with a warning about the unsustainable burden of debt and a reminder that sound money, […]

The following analysis breaks down the Fed balance sheet in detail. It shows different parts of the balance sheet and how those amounts have changed. It also shows historical interest rate trends. Breaking Down the Balance Sheet As soon as the Fed ended Quantitative Tightening they launched a new round of Quantitative Easing. As shown […]

Earlier this week, Peter joined Harry Cole to warn listeners that the U.S. economy is running on promises it cannot keep. He lays out how trade deficits, mounting government obligations, and post-Covid spending have accelerated inflation and pushed long-term interest rates higher. Along the way he touches on the social safety net, the risk of […]

Current Trends The US government has borrowed nearly $450B in the last three months. While this is a gargantuan sum of money, it annualizes to ~$1.9T which would be the smallest year of borrowing since 2022. Unfortunately, the trend more likely to hold is the borrowing seen in Feb and March which clocked in at […]

On Friday, Peter joined Mario Nawfal for another interview on the Iran War and its economic fallout. He takes Nawfal through the forces he sees shaping markets today: an ongoing war that keeps oil elevated, political corruption that corrodes trust, and policy mistakes that have left the federal balance sheet vulnerable. He ties these themes […]

On Friday’s episode of the Peter Schiff Show, Peter connects the dots between military spending, economic coercion, and what he sees as deeper flaws in U.S. monetary and fiscal policy. He warns that the U.S. is depleting physical and financial resources at the same time that the Fed’s structure and tariff politics create perverse incentives. […]

While one of the main talking points of Schiffgold is the great damage of national debt, there does exist a positive place for debt in the world. National debt is a problem because it forces the people to bear a risk that they have no desire for or understanding of. The people’s lack of care […]

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 […]

Unsurprisingly, the United States’ latest war is expensive and will almost certainly be financed via debt and inflation. While right- and left-wingers bicker about the costs of conflict in Iran, both sides have lost sight of the fact that the US can’t afford either of their preferred slates of government services– whether it be regime […]

In Wednesday’s episode of The Peter Schiff Show, Peter takes aim at Washington’s war spending spree, the markets’ strange reactions to developments in the Middle East, and the ways political messaging can move capital. He warns that the real danger to Americans comes from mounting debt and inflation, not foreign actors, and he again emphasizes […]