Peter's Blog

Trump Needs the Money Printer

Trump has a long history of begging the Fed to print money, and in his second term, that hasn’t changed a bit. In fact, he needs the free money spigots to turn on to delay a collapse that, otherwise, he’d be blamed for.

Fed’s Harker Warns Tariff Risks, Debt Threaten Economic Stability in Farewell Speech

Delivering his final public remarks as President and CEO of the Philadelphia Federal Reserve on yesterday, Patrick T. Harker urged caution regarding inflation, tariff policies, and rising national debt, highlighting enduring challenges to U.S. economic stability. The speech occurred at the Philadelphia Fed, marking the culmination of Harker’s tenure before his scheduled retirement at month-end. […]

What’s Behind the Logic of Today’s U.S. Tariff Policy?

Last week the Trump administration hinted at the possibility of new tariffs that would target the European Union and tech giant Apple. As the presidency continues to flip flop on this issue, American citizens should only conclude that the protectionist right is hopelessly deluded on trade.

Peter Schiff: Traders are “Selling America”

On Sunday’s podcast, Peter dissects another rough stretch for American financial markets, spotlighting mounting selloffs across sectors and another breakout moment for gold. He breaks down why US treasuries are now riskier than ever, the structural problems with fiscal and monetary policy, and how tariffs are hitting American consumers harder than politicians care to admit.  […]

New Tariff Threats Spark Market Turmoil, Gold & Yen Gain Ground

Early this morning, renewed trade tensions erupted between the United States and the European Union, sending shockwaves through financial markets. President Trump has recommended imposing aggressive new tariffs of 50% on European Union imports—more than double the 20% reciprocal tariff rate currently suspended. With the tariffs set to take effect on June 1, only nine […]

What Really Solves America’s Debt Woes—And Why Rate Caps Aren’t It

Free-marketers rightly criticize the Fed for manipulating interest rates, which serve as important price signals to entrepreneurs. Many stumble, however, in applying this same criticism to other forms of price controls, such as interest rate caps, which have been revived earlier this year.

Peter Schiff: Strong Dollar or Exports? Pick One.

Last week, Peter joined Glenn Diesen for an interview on the post-trade deal economy. Peter takes on the myths surrounding Trump’s trade war with China, the real impact of tariffs on Americans, and where he sees the dollar heading as the world’s reserve currency. He explains why the perceived victories of protectionist trade policy are […]

Free Trade: A Moral Imperative

The Trump administration is anything but the paragon of free trade. And while their economic arguments fall short, an even stronger case can be made that protectionist policies like tariffs are fundamentally unjust.

Peter Schiff: Don’t Trust the Rebound Yet

In his latest podcast, Peter reviews April’s surprising turnaround in the stock market, explores the myths of tariff-driven economic patriotism, and exposes the contradictions in US currency policies. He also shares his skepticism about the delayed economic impacts of tariffs and comments on the intersection of political influence and wealth in Washington’s culture.

Here’s Why Tariffs Won’t Bring Back Manufacturing

Tariffs are being pitched as a magic bullet to revive American manufacturing, pushing out foreign competitors to bring red, white, and blue factories humming back to life. It sounds great: tax imports to bring companies back to the States, and generate a flood of revenue in the process as jobs flood back to the heartland. […]