

Surprise PPI Surge Dashes September Rate Cut Hopes - Ep 1036
Aug 18, 2025
A surprising surge in the Producer Price Index raises alarms about inflation and the Federal Reserve's policies. Economic trends suggest increasing stagflation, alongside critiques of misleading job numbers. The discussion dives into how budget deficits may steer monetary decisions, while tariffs are analyzed for their impact on U.S. competitiveness. Insights into gold and silver markets highlight investment opportunities amid economic struggles. Personal stories intertwined with financial analysis make for a captivating exploration of today's financial landscape.
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Data Methodology Masks Real Weakness
- Peter Schiff argues official employment statistics are structurally misleading due to methodology, not individual fraud.
- True unemployment and economic weakness are worse than government reports suggest.
Markets Misread A Modest CPI Beat
- Schiff notes markets cheered a tame CPI month even though CPI remained well above the 2% target.
- He warns a 2.7% headline and rising core are not grounds for Fed rate cuts.
Producer Prices Signal Inflation Resurgence
- July PPI surprised sharply higher, a leading indicator signaling consumer inflation may follow.
- Schiff says PPI’s jump justifies Fed hikes, not imminent cuts.