Peter's Blog

Peter Schiff: Gold on Its Way to 2700

On the latest episode of the Peter Schiff Show, Peter highlights the big news of the week: gold set a new all time high price. He also reviews new Personal Consumption Expenditures (PCE) inflation data, comments on Donald Trump’s proposal for a government efficiency committee, and forecasts a return to 2008-era quantitative easing policies.

August Money Supply Grows by Most Since December 2021

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 X Spaces: QE is On the Way

On Friday night, Peter took again to X Spaces to comment on the Fed’s recent decision, the stakes of the upcoming election, and Bitcoin, among other topics. He spends most of the Space interacting with his followers and responding to their questions. Follow Peter on X to catch the next Space he hosts.

Schiff on Fox Business: Inflation Ain’t Dead Yet

On Wednesday, Peter appeared on Claman Countdown with Liz Claman on Fox Business. There he voiced strong opposition to the Fed’s recent decision to cut interest rates by 50 basis points, pointing out that this behavior is what got the economy in trouble in the first place.

Schiff on Impact Theory: Inflation is an Intentional Tax

Last week Peter appeared on Impact Theory with Tom Bilyeu to discuss inflation, Federal Reserve policy, wealth taxes, and a whole host of other economic subjects. This is the latest in a string of recent interviews Peter has appeared in. If you missed them, check out his appearance on Bankless and a David Lin debate […]

If 10-Year Yields Surpass 5%, Say Hello to QE (and Massive Inflation)

The wizards at the Fed and US Treasury have been forced to acknowledge that their “transitory,” inflation is, in fact, quite “sticky.” And with the inflation elephant now acknowledged by the circus of high finance, Treasury yields keep inching up, recently reaching 4.7% — the highest since November. The Fed is stuck: It needs to raise interest rates to tame inflation and […]

Peter Schiff: Inflation Bloodbath on the Way

This time Peter tackles Jerome Powell’s speech from Wednesday, in which he announced that the Fed is holding the federal funds rate between 5.25 and 5.5%. He also briefly discusses Bitcoin’s pullback and the media’s lies about Donald Trump. 

Federal Reserve Launches Program to Bail Out Banks

In the wake of two bank failures, the Federal Reserve and the US Treasury announced a bank bailout program. Last week, Silicon Valley Bank was shuttered by federal authorities after the bank suffered significant losses selling bonds in order to raise capital. When that news hit, depositors rushed to pull funds from the bank, making […]

Slow Pace of Balance Sheet Reduction Calls Into Question Fed’s Commitment to Inflation Fight

Most people have focused on Federal Reserve interest rate cuts as it battles price inflation. But there is another element in the inflation fight most people ignore – balance sheet reduction. It isn’t going well.

Treasury Market Liquidity and Volatility Problems Could Derail Fed Balance Sheet Reduction

Interest rate hikes get most of the attention as the Federal Reserve fights inflation, but balance sheet reduction is arguably more important. And it’s not going well. Since the Fed stopped buying Treasuries and started letting bonds fall off its books as they mature, the bond market has experienced increasing volatility and liquidity problems. In […]