Peter Schiff

Posted February 04, 2015

Last week a scene unfolded in Athens, largely unnoticed by American eyes, that provided all the visual and metaphorical symbols needed to define the current state of the global economy.

Posted January 21, 2015

If anyone had any doubt how severely the global economy has been distorted by the actions of central bankers, the "surprise" announcement last week by the Swiss National Bank (SNB) to no longer peg the Swiss franc to the euro should provide a moment of crystal clarity.

Posted January 16, 2015

By ending its three year currency peg to the weakening euro, Switzerland has become the first major economy to surrender in the international currency war, and in so doing has given a long-delayed victory to the Swiss people.

Posted January 06, 2015

The sudden fall in the price of oil provides a unique opportunity to examine the widely held belief that deflation is economic poison.

Posted December 23, 2014

In normal economic times falling energy costs would be considered unadulterated good news. The facts are simple. No one buys a barrel of oil to display above the mantle.

Posted December 16, 2014

The stunning 40% drop in the price of oil over the past few months has scrambled global economic forecasts, changed the geo-political landscape, and has severely pressured many energy sector investments. Economists are scratching their heads to determine if the drop is good or bad...

Posted December 10, 2014

There can be little doubt that data releases, rather than experience or intuition, are driving the economic conversation. This is perhaps a function of the disconnection that many people feel about an economy that they no longer understand.

Posted December 04, 2014

Recent statements by Federal Reserve officials would lead just about anyone to believe that one of the bank's central missions has always been to guard against the lurking threat of deflation.

Posted November 25, 2014

I had always placed a great deal of faith in Switzerland's financial markets. In recent years, however, as the Swiss government has sought to hitch its wagon to the flailing euro currency and kowtow increasingly to U.S.-based financial requirements, this faith has been shaken.

Posted November 20, 2014

As Japanese Prime Minster Shinzo Abe has turned his country into a petri dish of Keynesian ideas, the trajectory of Japan's economy has much to teach us about the wisdom of those policies.

Posted November 14, 2014

Some influences on the stock market are casual, subtle or open to interpretation, but the catalyst behind the current stock market rally really shouldn't be controversial.

Posted November 07, 2014

The sharp rebuke to the Obama administration delivered by the mid-term elections should not be construed as an endorsement of the GOP, which remains as unpopular as ever.

Posted October 19, 2014

How did we become the waiters and they the big spenders? Peter explains China's ongoing boom and what it means for their favorite commodity gold.

Posted October 16, 2014

In an article in the UK's Telegraph on October 10, veteran economic correspondent Ambrose Evans-Pritchard laid bare the essential truth of the nearly universal current embrace of inflation as an economic panacea.

Posted October 01, 2014

Increasingly, economists are calling the tune to which businesses and consumers dance. Since their words and opinions matter, they may consider seeking forgiveness for what they have said, and what they have not.

Posted September 21, 2014

The Fed is making an even graver mistake now if it thinks the economy can handle a measured reduction in QE.

Posted September 18, 2014

We have entered a new chapter in the short and checkered history of central banking. This paradigm shift, as yet unaddressed in the textbooks, changes the basic policy tools that have traditionally defined the sphere of macroeconomic decision-making.

Posted September 11, 2014

Friday's release of disappointing August payroll numbers should have been a jarring wake-up call warning Wall Street that the economy has been treading on thin ice.