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Peter Schiff: A Rate Hike Charade and Trump’s Phony Dividend

Interviews | SchiffGold | 15 Sep, 2026

In Saturday’s episode of the Peter Schiff Show, Peter breaks down the latest inflation report and what it means for the Federal Reserve’s rate decision, arguing that a token rate hike would be more theater than substance. He then turns to President Trump’s proposal of a $5,000 “dividend” to Americans funded by tariff revenue, calling out the plan as both economically illiterate and dangerous for America’s already fragile credibility with its creditors.

Federal Reserve Fiscal Policy inflation interest rates monetary policy national debt Peter Schiff rate hike tariff revenue tariffs Treasury Yields US debt