All the Data Confirms Stagflation
On Wednesday, Peter marked his return to the Peter Schiff Show studio. He tackles the most recent batch of 2025 economic data, highlights inflation signals in commodity prices, and comments on President Biden’s legacy as his term comes to a close. Donald Trump is set to take the reins on Monday, and Peter also analyzes the latest from the president-elect.
To start the show, Peter praises Trump for what appears to be a behind-closed-doors negotiation of a ceasefire between Israel and Hamas. Despite his strengths, Trump is unlikely to solve America’s economic troubles:
You know, I criticize Trump when criticism is due. And believe me, there’s a lot of criticism that is due. And I’m going to be criticizing him later in this podcast. But I do want to get credit for what credit is due. And it’s my feeling that he has a lot to do with this. There will be some successes during the Trump presidency. Unfortunately, economically, there’s going to be a lot of failures. And it’s not necessarily because of what Trump’s going to do. It’s kind of preordained. It’s baked into the cake here.
Turning to President Biden’s farewell speech, Peter reiterates how decisively the American electorate renounced the Biden presidency:
He also talked about his accomplishments in his four years as pr
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LewRockwell.com is a libertarian website that publishes articles, essays, and blog posts advocating for minimal government, free markets, and individual liberty. The site was founded by Lew Rockwell, an American libertarian political commentator, activist, and former congressional staffer. The website often features content that is critical of mainstream politics, state intervention, and foreign policy, among other topics. It is a platform frequently used to disseminate Austrian economics, a school of economic thought that is popular among some libertarians.
