Peter's Blog

The analysis below covers the Employment picture released on the first Friday of every month. While most of the attention goes to the Headline Report, it can be helpful to look at the details, revisions, and other reports to get a better gauge of what is really going on. Current Trends The jobs report showed […]

On Friday’s episode of The Peter Schiff Show, Peter takes apart the latest employment numbers and warns that financial markets are already discounting an ideal outcome few can reasonably expect. He walks listeners through why headline job gains are misleading, why stock valuations rest on optimistic assumptions about war and AI, and why the nation’s […]

The analysis below covers the Employment picture released on the first Friday of every month. While most of the attention goes to the Headline Report, it can be helpful to look at the details, revisions, and other reports to get a better gauge of what is really going on. Current Trends The jobs report showed […]

The analysis below covers the Employment picture released on the first Friday of every month. While most of the attention goes to the Headline Report, it can be helpful to look at the details, revisions, and other reports to get a better gauge of what is really going on. Current Trends The jobs report showed […]

As AI continues to grow more complex and capable, many are understandably concerned about its economic consequences. The true AI-related danger, however, is not its displacement of jobs, but the regime that will likely emerge to funnel its benefits to the state and its favored rent-seekers. The following article was originally published by the Mises […]

With another hot PPI report in the news and a shaky AI trade on Wall Street, the potential for a recession and continued inflation calls to mind the stagflation of the 1970s. As Milton Friedman demonstrated, this dreaded combination is the result of central bankers attempting to pull the wool over Americans’ eyes. The following […]

Politicians have tricked their citizens into believing that low interest rates will solve their economic troubles– perhaps by lowering housing prices or stimulating the economy out of a recession. In reality, slashing rates isn’t a cure to economic ailments; it’s a poison that corrupts saving and investment and raises prices across the economy. The following […]

On Thursday’s episode of the Peter Schiff Show, Peter lays out why precious metals are taking center stage while fiat currency policy unravels. He walks through surging silver prices, rising unemployment and shrinking manufacturing, a return to quantitative easing, the political choice for the next Fed chair, and an imminent crypto crash — all reasons […]

Note: This includes the Jobs report for November that was released on December 16th and the QCEW Report released on Dec 19th The analysis below covers the Employment picture released on the first Friday of every month. While most of the attention goes to the Headline Report, it can be helpful to look at the […]

The Federal Open Market Committee (FOMC) trimmed its policy rate by 25 basis points yesterday, acknowledging that U.S. growth has “moderated” and job creation is sputtering even as prices keep climbing. The new 4.00 – 4.25 percent target range marks the third cut of 2025 and arrives with inflation still “somewhat elevated,” hardly a confidence-inspiring […]