Peter's Blog

How Government Policy Turns Generations and Classes Against Each Other

In a limping and heavily distorted economy, it’s easy to blame one group or demographic for “ruining the economy.” Caste analysis, in the tradition of the Austrian school, shows us that it’s not one specific demographic or class that’s to blame. Rather, the economy’s woes result from those who seize political power for selfish gain. […]

Schiff on Commodity Culture: Silver and Gold Are Poised to Soar

Peter joined the Commodity Culture podcast on Friday to walk through recent moves in precious metals and explain why he thinks inflationary pressure is returning to the market. He ties silver and gold action to what he calls a de facto return to quantitative easing, warns that politicized central banking will make matters worse, and […]

Peter Schiff: The Fed Welcomes QE Back

On Thursday’s episode of The Peter Schiff Show, Peter walks through the Federal Reserve’s stealthy pivot on monetary policy and explains why that move matters more for inflation and markets than talk of tariffs. He also highlights how precious metals — particularly silver and mining stocks — are leading this leg of the bull market, […]

The Economics of Affordability: Why Government Can’t Make Life Cheaper

Politicians on both sides have found a new mantra to address concerns about the economy: “affordability.” Economics shows us how these same politicians are responsible for inflation, taxation, and regulation– three forces that inevitably make goods and services less affordable. The following article was originally published by the Mises Institute. The opinions expressed do not […]

Schiff vs. CZ: Tokenized Gold Beats Bitcoin

Peter recently debated Binance founder Changpeng Zhao (“CZ”) in Dubai at the Binance Blockchain Week. In their dialogue, Peter goes through the case for tokenized gold and lays out why a gold-backed token can actually improve gold’s usefulness as money without sacrificing its long-term value. He contrasts tokenized gold with Bitcoin and other crypto mania—calling […]

Zohran Mamdani’s Socialism Fails the Economics 101 Test

Socialism seems to be on the rise, with jurisdictions like New York City electing avowed socialists to “fix the economy.” Whether it’s state control of the money supply or intervention in capital and labor markets, sound economics demonstrates that central planning never works. The following article was originally published by the Mises Institute. The opinions […]

Monetary Tyranny: How Legal Tender Laws Built the Fiat Empire – and How Free Competition Can End It

One way that inflation-prone fiat currency took over the monetary system was legal tender laws, which obligate private citizens to accept currencies like the dollar even when they don’t want to. Without these policies, weak and eroding currencies would fall to the wayside, and more stable currencies would replace them. The following article was originally […]

Fed Governor Bowman Tries to Reassure House Committee

Federal Reserve Vice Chair for Supervision Michelle Bowman assured House lawmakers on December 2nd that the “Federal Reserve” “banking system remains sound and resilient,” citing robust capital ratios, ample liquidity, and falling non-performing loans. Testifying before the House Committee on Financial Services, she painted a largely upbeat picture of traditional banks even as gold prices—often […]

What Will Black Friday 2025 Tell Us About American Consumers?

Black Friday, the ultimate consumer holiday, has lost some of its luster in recent years as Americans become increasingly indebted, cash-strapped, and hamstrung by high inflation. Known as an all-out buying bonanza where shoppers flood retailers for deals on everything from TVs and toys to kitchen utensils, this year all signs point to a muted […]

Schiff on Reinvent Money: Bitcoin Crash May Hurt Trump

Peter recently joined the Reinvent Money Youtube channel to lay out a clear contrast: real assets backed by history versus speculative claims backed mainly by collective faith. He walks through his outlook for gold and the miners, explains why he challenged MicroStrategy’s CEO to a debate, and pushes back on crypto maximalism with tokenized gold. […]