Peter's Blog

Elon Musk’s Department of Government Efficiency (DOGE) continues to make headlines, with the bureaucratic class panicking over its possible demise at Musk’s hand. DOGE’s goals are laudable, but the department should prioritize eliminating wasteful services completely, not replacing them with pseudo-private actors.

In a bold move that signals a shift towards private sector-driven innovation, President Donald Trump has unveiled a groundbreaking initiative that promises to reshape America’s financial landscape. The announcement of a $500 billion investment in artificial intelligence infrastructure marks a pivotal moment in the nation’s pursuit of AI dominance and economic growth.

China’s central bank moved on multiple fronts this week and last in an effort to shore up its currency, the yuan, which has languished near a 16-month low relative to the dollar. Authorities announced plans to park more U.S. dollars in Hong Kong, increase offshore borrowing limits for companies, and cautioned investors against speculative activity. […]

As the installation of President-elect Trump approaches, Trump loyalists are clamoring for him to fulfill his campaign promises, especially those related to tariffs and immigration reform. Trump also has an opportunity to radically reform and weaken the Federal Reserve, but it’s unlikely that he will take any meaningful action to curb the source of inflation.

Last week, Peter joined Kai from the Soar Financially YouTube channel for an interview on the state of the economy, Federal Reserve policy, and the interplay between domestic politics, gold, and inflation. This interview is a great recap of the most important events of 2024, and Peter offers his perspective on what 2025 will hold […]

2025 is staged for a record-breaking year of debt. Although the incoming Trump administration projects an attitude of fiscal responsibility, drastic action will need to be taken to stave off adding trillions to the national debt. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those of […]

On Wednesday, after the Fed’s 25 basis point rate reduction was announced, Peter appeared on Fox Business to give his initial analysis of the policy move. Peter starts the interview by criticizing Jerome Powell’s messaging, pointing out that Powell is overstating how hawkish he’s been on inflation.

With the Department of Government Efficiency garnering constant media attention, part of the incoming Trump administration’s messaging centers on reducing government payrolls. While this would certainly improve the economy, President-elect Trump should remember that payrolls are not the only public expenditure that needs to be slashed. The following article was originally published by the Mises […]

President-elect Trump’s proposed “Department of Government Efficiency” continues to both enrage big government leftists and excite conservatives and libertarians. While there is certainly great merit in shrinking the size and scope of the state, it’s worth remembering that government– by its very nature– cannot be “efficient.” The following article was originally published by the Mises […]

This week, Peter took to his podcast to analyze the big movers in the crypto world. He discusses MicroStrategy’s big bet on Bitcoin before diving deep into the Trump administration-to-be’s plans on immigration, agriculture and food regulation. He wraps up the show by breaking down the United Kingdom’s ill-advised Employment Rights Bill.