Skip to main content

Peter's Blog

Get the latest headlines, market analysis, and original content from SchiffGold.

Posts Tagged: “poverty“

February 5, 2026 Interviews

Schiff vs. Pompliano: Tariffs Don’t Help Consumers!

In a recent episode of Anthony Pompliano’s Pomp Podcast, Peter debates Anthony on a host of issues, ranging from the merits of Bitcoin to who pays the bills for tariffs. Throughout the debate, Peter’s incisive rhetoric cuts through the mainstream narratives on the dollar and protectionism, undercutting the White House’s and the Fed’s harmful policies.  […]

February 3, 2026 Original Analysis

Welfare Must Be Cut for the Good of the Poor

The US government is frequently criticized for not reaching the EU’s levels of unhindered handouts and socialization of industries. Proponents of government control for the common good hold two contradictory principles at the same time without even recognizing the tension. They first believe that the highest role of any government is to promote the welfare […]

October 29, 2025 Original Analysis

The Tragedy of the Commons in our Welfare State

While motivated from a positive desire to take care of the least in society, the modern American welfare system has many deep flaws that have both perpetuated poverty and destroyed real well-being. The tragedy of the commons is an analytical framework that can give insight into this phenomena. It is a tale of the public […]

November 22, 2024 Original Analysis

Inflation: Savior of the Rich

Whenever someone puts forward an idea for shrinking the federal budget, one of the first objections is that it will harm the poorest citizens most. Welfare spending, and other means of support are a massive part of the government budget, yet it doesn’t take a lot of insight to see that the government gives even […]

August 11, 2024 Guest Commentaries

Americans Grow Poorer: Misery Index Climbs

The US economy is struggling with rising unemployment, inflation, and declining purchasing power, fueling discontent among Americans. A critical choice looms: continue on the current path or shift to pro-growth policies.

cover image for an article
July 5, 2024 Guest Commentaries

US Budget Crisis Will Impoverish American Families

Amid record tax receipts, the U.S. still faces a dire fiscal future, with deficit spending predicted to climb from $1.9 trillion in 2024 to a staggering $2.8 trillion by 2034. This unsustainable financial trajectory threatens to cripple the economy with higher taxes, stunted growth, and a devalued currency. The overwhelming debt burden will be passed […]

December 7, 2021 Original Analysis

Benjamin Franklin: Government Welfare Is Not “Doing Good to the Poor”

The federal government lacks any legitimate constitutional authority to establish welfare programs for the poor. Not only that, the federal welfare system fails in its promise to “help the poor” out of poverty.