Inflation, Debt, and the Dollar's Fate: Peter Schiff's Economic Forecast

  Рет қаралды 36,761

Wealthion

Wealthion

Күн бұрын

The Debt Crisis and Its Implications: Peter Schiff (@peterschiff) discusses the growth of the United States' national debt from $7 trillion to approximately $35 trillion and its consequences on the economy. He delves into the reasons behind this increase, highlighting the role of deficit spending and the Federal Reserve's actions in keeping interest rates artificially low. Schiff expresses concern over the sustainability of this debt accumulation and forecasts a looming financial crisis that could result from the inability to manage this debt effectively.
Inflation and Monetary Policy: The conversation covers the topic of inflation in detail, with Schiff criticizing the Federal Reserve's policies, particularly the lowering of interest rates and quantitative easing. He argues that these measures, intended to finance government debt and stimulate the economy, have contributed to rising inflation rates. Schiff also discusses the potential for a more significant inflationary crisis as a result of continued monetary expansion and the devaluation of the currency.
Gold vs. Bitcoin Debate: A significant portion of the episode is dedicated to the debate between gold and Bitcoin as investment assets and stores of value. Schiff, a well-known advocate for gold, outlines his skepticism towards Bitcoin, arguing that it lacks intrinsic value and is highly speculative. In contrast, he champions gold for its historical reliability as a hedge against inflation and its intrinsic value. The discussion also touches on Schiff's perspective on Bitcoin's role in the financial system and its comparison to gold.
TIMESTAMPS:
0:00 - Introduction
0:30 - The Rate Cut Necessity
1:27 - Deep Dive into the Debt Cycle
2:40 - The Political Consequences of Debt
6:33 - Inflation's Upward Trajectory
8:19 - The Role of Technological Advancement
11:34 - Fiscal Measures and Solutions
14:39 - Trump's Economic Policies
17:33 - The Future of Entitlements and Federal Spending
23:09 - The Wealth Disparity and Inflation
27:13 - Bitcoin vs. Gold Debate
33:22 - The Antitrust Case Against Apple
36:03 - Monetizing the Debt
40:33 - The Commercial Real Estate Market
43:22 - Recession Predictions and Economic Outlook for 2024
50:42 - Bitcoin, the New Gold?
#podcast #investing #investingtips
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Пікірлер: 306
@AteamerHFF
@AteamerHFF Ай бұрын
I stopped watching when Anthony said he’s voting for Biden … That’s ridiculous
@johnboy6594
@johnboy6594 Ай бұрын
Thanks. I’m Done Too!!!
@Richest_Person_in_the_World
@Richest_Person_in_the_World Ай бұрын
Putin lackeys itt
@MrInfoPhilly
@MrInfoPhilly 29 күн бұрын
Crazy right
@richardgoodier420
@richardgoodier420 29 күн бұрын
Yeah me too! Won’t be listening ever again if this guy is the interviewer.
@grants169
@grants169 28 күн бұрын
me too! WTH!
@HelloThere-nz9ld
@HelloThere-nz9ld Ай бұрын
Peter = The voice of reason.
@brazilstreets7955
@brazilstreets7955 Ай бұрын
Im shocked to hear Anthony talking about the “democratic institutions”. Is this guy crazy or what? He can’t be that naive…
@peterponcedeleon3368
@peterponcedeleon3368 Ай бұрын
Peter is a Libertarian who was brought up being schooled by by Austrian School of Economics. His father is an American hero.
@whoyatoya
@whoyatoya Ай бұрын
His father is an ex con
@peterponcedeleon3368
@peterponcedeleon3368 Ай бұрын
@@whoyatoya His father was a politcal prisoner.
@goldismoney5899
@goldismoney5899 Ай бұрын
Anthony showed how clueless he really is by choosing Biden over Trump. I am no Trump fan but really....that is sad.
@TimeToShineMusic
@TimeToShineMusic Ай бұрын
Seriously. Like Russell Kirk said, preoccupation with politics is for the quarter educated.
@MrAnderson3
@MrAnderson3 Ай бұрын
He literally said he would choose a half dead guy who needs a lobotomy over Trump. That goes to show the arrogance and intelligence of a Biden voter lol what an absolute tool
@Richest_Person_in_the_World
@Richest_Person_in_the_World Ай бұрын
Drumpf is a Russian asset
@Richest_Person_in_the_World
@Richest_Person_in_the_World Ай бұрын
@@TimeToShineMusicKeep coping
@TimeToShineMusic
@TimeToShineMusic Ай бұрын
Sorry, sonny, what? You may need help interpretating my comment. Contact the tutoring office.@@Richest_Person_in_the_World
@rchicks22
@rchicks22 Ай бұрын
Scaramucci must have been scarred deeply by Trump’s dismissal of him. To prefer Biden and 3 letter agencies over the guy that kept peace in the world and put America first is pretty nonsensical.
@joquin4618
@joquin4618 Ай бұрын
He seems to dismiss most of the good that Trump did: NOT START MORE USELESS WARS
@mdevvvo
@mdevvvo Ай бұрын
not going to try and convince you dems or biden are good. but not wanting to vote for an unhinged, vindictive, power hungry nepo baby makes sense to me
@jimineegelicker
@jimineegelicker Ай бұрын
And If I remember correctly he was forced out by the media and General Kelly.
@bigb6046
@bigb6046 Ай бұрын
I kind of agree with Peter's assessment of Trump , he was good on everything but the debt and deficit , I think he wanted to be liked so he became a big spender. In Trumps's defense though I don't think a true fiscal conservative can get elected or at least re-elected. So in reality the huge national debt is our fault because we won't vote for a Presidential candidate who tells us the truth and is best for the country in the long term rather than immediate gratification .
@acjitsu
@acjitsu Ай бұрын
Scaramucci calls Trump the crazy person and Biden just an old man? WTF is he talking about?!! The current “demented old man” who likes ice cream cones is about to get us into WW3 !
@superstar5123
@superstar5123 Ай бұрын
stop interrupting Peter
@seanc846
@seanc846 Ай бұрын
He did a great job with the interview getting Peter to talk on a variety of subjects. I was impressed. However I threw up with the Biden over Trump opinion.. Italians sure know how to hold a grudge 🤣🤣🇮🇹
@CarlosGonzales-wm8xx
@CarlosGonzales-wm8xx Ай бұрын
Next time let Peter speak more and the host speak less. Frequent interruptions are annoying.
@jksmithiii
@jksmithiii Ай бұрын
Well it's not like Mooch didn't make good points. Both these guys are accustomed to monologuing. They just need to do a better job at "passing the shell," to use a Lord of the Flies ref.
@CarlosGonzales-wm8xx
@CarlosGonzales-wm8xx Ай бұрын
@@jksmithiii unless I'm misunderstanding the concept, it's not supposed to be a conversation. It's an interview.
@jksmithiii
@jksmithiii Ай бұрын
Well with Mooch that's probably not going to happen. I'm sure Schiff would exhibit the same interviewing style. Anyway they both provide worthwhile info generally, and still better signal/noise than what all those self-righteous prigs practice on mainstream media. JMO
@justneal99
@justneal99 Ай бұрын
Scaramucci is annoying. Time to unsubscribe to this channel and stick with Taggart on Thoughtful Money, Adam's new channel.
@vermeerrecpt9290
@vermeerrecpt9290 Ай бұрын
Scaramucci is a big joke.
@WHATSUP7049
@WHATSUP7049 Ай бұрын
Scaramucci is bitter little man
@mehdikhosh8879
@mehdikhosh8879 Ай бұрын
I don't think so, he is a great person with great honor.
@CharleneSmith-we9vh
@CharleneSmith-we9vh Ай бұрын
Thanks for the laugh!
@OldSchool4U
@OldSchool4U Ай бұрын
Anyone who votes for dementia Biden is a fool believing his open borders will not destroy America! How are we going to feed millions when we’re currently at a $34.5 trillion dollar deficit with $1 trillion owed in interest only every 100 days! Every migrant allowed to remain in America will attempt chain migration and/or get pregnant to secure anchor baby ties.
@richardgoodier420
@richardgoodier420 28 күн бұрын
@@mehdikhosh8879hilarious
@CyrusVatankhah
@CyrusVatankhah Ай бұрын
Peter Schiff is a legend, we need him on every finance media outlet to open people's eyes.
@alfredoddiaz8306
@alfredoddiaz8306 Ай бұрын
Absolutely incredible! Peter is the man! Peter for President! Let’s go!!!
@MDHardy
@MDHardy Ай бұрын
Too bad this channel can't get its act together where you have both parties talking over one another. Bring back Taggert!
@yonatandaniyel5640
@yonatandaniyel5640 Ай бұрын
Thoughtful Money is Taggart's new channel
@jetstream3528
@jetstream3528 Ай бұрын
Absolutely
@richardlarock2809
@richardlarock2809 Ай бұрын
Poor scaramuci, couldn't make it in politics now in for Taggart and still can't make it😊
@goldismoney5899
@goldismoney5899 Ай бұрын
Agreed.
@cu710
@cu710 Ай бұрын
Anthony in a video=unsubscribe
@Stonkings
@Stonkings Ай бұрын
If you removed Scaramucci from this it would be great. I hope he gets to sit on grandpa Biden’s lap.
@Nahyoutrippin
@Nahyoutrippin Ай бұрын
This was a great discussion. I like both guys. Anthony seems very humble, Peter Schiff for Secretary of Treasury.
@Jbedard1963
@Jbedard1963 Ай бұрын
Anthony is "acting very humble". His ego precedes him...here he opens with I lost the debate, then passive-aggressively tells us he's in the Bill Parcells camp, now that Bitcoin has blown up. It has zero to do with the debate he lost, which was on store of value and speculative dollars that will again be lost. Peter mopped the floor with him. Mooch is a sharp guy but humble he aint.
@WHATSUP7049
@WHATSUP7049 Ай бұрын
@@Jbedard1963 I know right ! humble lol
@robertbunnell9590
@robertbunnell9590 Ай бұрын
They always want to raise taxes but they never talk about shrinking government.
@Tacman556
@Tacman556 Ай бұрын
Going after Apple? What about Amazon? What a joke..
@buildorder06
@buildorder06 Ай бұрын
Thanks for inviting Peter; this has been a most interesting and informative discussion. Please regroup in a couple of months.
@lynnesews9725
@lynnesews9725 Ай бұрын
Isn’t part of this debt problem is because of these people who believe in the Keynesian economic model? Many spout off that we can spend our way out of debt. 🤔 That’s insane thinking
@ptupy
@ptupy Ай бұрын
Peter also should have said that AI and robotics are not all good news. As they displace tens of millions of human workers, they will create massive social instability and violent unrest.
@WhySilverWhyNow
@WhySilverWhyNow Ай бұрын
Mooch makes my stomach turn
@bigb6046
@bigb6046 Ай бұрын
Yeah he totally lost me when he said he would prefer Biden , damn he really holds a grudge about being canned!
@bobsaggett9678
@bobsaggett9678 Ай бұрын
The mooch is riding with biden? Tf
@Greekpighunter
@Greekpighunter Ай бұрын
Make hard work , success, and saving a sin guys!
@HelloThere-nz9ld
@HelloThere-nz9ld Ай бұрын
Finally Wealthion got 'the guy'.
@steve410
@steve410 Ай бұрын
I love peters outlook on taxes, wish he would run and push them changes through!
@nohopeequalsnofear3242
@nohopeequalsnofear3242 Ай бұрын
I like peter.....but i cant watch scaramucci
@mattanderson6672
@mattanderson6672 Ай бұрын
Thanks guys
@chuckdawit
@chuckdawit Ай бұрын
@33:22 There isn't just 2 phones! There are dozens of brands that make phones, you just don't buy them. So the choice is there, I think what Scaramucci is trying to ask is why do ew only see 2 options for the OS's (IOS, Android) running on all the phones
@jmcmob608
@jmcmob608 Ай бұрын
Thank you very much...
@winnington23
@winnington23 Ай бұрын
Peter is a national treasure. If only more people would understand these issues.
@Clueless2daWorld
@Clueless2daWorld 24 күн бұрын
KNOW what??? being anti-social and NUKING the system is NOT productive or will EVER BE.....It is a domestic subversion and insurectionist/moronic argument...Took us 250 plus years to get HERE,,,,,dont like it?? Move the FCK out,ANTI social anarchist(s).......would be a GREAT riddance.......
@mann8098
@mann8098 Ай бұрын
I think it's cool that there was no debate and Mr. Scaramooch allowed Peter to tell the truth about Bitcoin.
@douglastarquinio9410
@douglastarquinio9410 Ай бұрын
How?
@billnope7840
@billnope7840 Ай бұрын
Love Schiff. Scaramucci is a bit obnoxious, argumentative, and naïve.
@timbimjim514
@timbimjim514 Ай бұрын
Not to mention ignorant.
@WalterMangandid
@WalterMangandid Ай бұрын
Terrible bad job from the host by often interrupting.
@contrarian0885
@contrarian0885 25 күн бұрын
Where is Adam Taggert?! I miss the humbler host who allowed the people to speak more than inserting himself into each video. I don’t want two investors arguing with each other against their positions. I want one investor and a host that brings out the best of their position so I can actually learn.
@user-wc1bg8th4z
@user-wc1bg8th4z Ай бұрын
Peter, 1st, why don't you ever suggest the fact that governments, local, state and especially federal, be GUTTED. I am talking fire 50% of government employees. Most are lazy and do nothing. They would not be missed and would have to get a real job in the private sector. 2nd, get rid of government pensions and replace them with employee funded retirement plans like the private sector had to do 4 decades ago. Lastly, I paid $580,000 into my social security. You are soooo WRONG to say that I am not "entitled" to it. I AM ABSOLUTELY entitled to it why? Because it's my MONEY!!! Not the governments. I am happy to hear you just say that government needs to shrink in size. It needs to be GUTTED!
@dtb7872
@dtb7872 Ай бұрын
you're not entitled to it because it was stolen from you
@crooklyncat3223
@crooklyncat3223 Ай бұрын
He HAS. WTF are you talking abt?
@Clueless2daWorld
@Clueless2daWorld 24 күн бұрын
KNOW what??? being anti-social and NUKING the system is NOT productive or will EVER BE.....It is a domestic subversion and insurectionist/moronic argument...Took us 250 plus years to get HERE,,,,,dont like it?? Move the FCK out,ANTI social anarchist(s).......would be a GREAT riddance.......
@Scuba-D
@Scuba-D 27 күн бұрын
42:51 institutions of democracy??? AMERICA IS NOT A DUMBOCRACY!!!
@Jerry14237
@Jerry14237 Ай бұрын
This show has gone downhill since Adam left. He used to let guests actually speak instead of interrupting them like we witnessed here.
@feboogi
@feboogi Ай бұрын
Host is a clown 🤡
@Scuba-D
@Scuba-D 27 күн бұрын
💯
@ClaudioPascual
@ClaudioPascual Ай бұрын
great interview
@metapresentations8918
@metapresentations8918 27 күн бұрын
Awesome!
@jksmithiii
@jksmithiii Ай бұрын
But the gold ledger has no real transparency unless the physical quality of gold is fully realized (setting on your physical desk). And the problem with physical stuff is that another entity can come and take it from you. So this debate is subject to some Sowell reasoning instead of XORism. There are no perfect solutions, just take the more favorable tradeoff. That's all you're going to get.
@cheexermobile-mu3eg
@cheexermobile-mu3eg Ай бұрын
The Host looks like Tony Soprano's nephew. A New Yorker who dabbled in legit politics a few years ago but who got kicked out due to behavioral issues.
@lesroesch
@lesroesch Ай бұрын
Loved his press conference at the White House, though.
@rickhayes-oh2zm
@rickhayes-oh2zm Ай бұрын
ask him about rate cut in switzerland. dollar exploded higher. gold after dove powell on thursday got killed. is eu cutting rates while powell holds steady.
@NV-uv3yz
@NV-uv3yz Ай бұрын
For those who aren't aware: The Cloward-Piven strategy is a political strategy outlined in 1966 by American sociologists and political activists Richard Cloward and Frances Fox Piven. The strategy aims to create a "bureaucratic and fiscal crisis" by overloading the welfare system via an increase in welfare claims, forcing the creation of a system of guaranteed minimum income.
@robertbunnell9590
@robertbunnell9590 Ай бұрын
Disability don't forget
@bobbyblanding5253
@bobbyblanding5253 Ай бұрын
Peter is the best. Everything he has said is showing is face now.
@vaybor
@vaybor Ай бұрын
not everything. he said bitcoin would crash every year for the past ten years so he was not just wrong but very wrong. He also said gold would outperform bitcoin, Wrong again.
@Greekpighunter
@Greekpighunter Ай бұрын
When the bank collapse it will put fear in market and a recession will result thereby lowering inflation the hard way
@Carlos-im3hn
@Carlos-im3hn Ай бұрын
the only debt "solution" is to stop "printing" fiat currency, but then the economy will collapse as liquidity is destroyed. Here we are.
@AnemosFPV
@AnemosFPV Ай бұрын
Eventually you will have to do it, or the market forces you to do it. It happened in Turkey as money started gushing out of the country…you are forced to raise rates
@sebastienbechard798
@sebastienbechard798 Ай бұрын
Free markets are long gone... we live in a state controled economy now that you like it or not.. and there is no coming back.. You should just adapt and act accordingly instead of ranting how the gouvernment and the Fed is wrong... The system is gonna change when to wealthiest are gonna get impacted by those policies... but since they benefit from it... the show must go on...
@sammyvh11
@sammyvh11 Ай бұрын
Please run for office your the only sane person on here.
@sg137iu89
@sg137iu89 Ай бұрын
Peter Schiff is a propagandist. He plays the nice guy but always talks about ending social security before eliminating ANY OTHER taxes. What does that tell you lol. Yeah, take away the one program that was promised to your average WORKING American and eliminate it before all the subsidized immigrants, corporations, the military etc. etc. etc. Even fairly wealthy upper middle class people are relying on social security to pay their GOVERNMENT PROPERTY TAXES. Why wouldn't Peter Schiff if he was a real economist advocate for property tax elimination BEFORE social security. He doesn't because he is a propagandist.
@Youknowwhatscoming
@Youknowwhatscoming Ай бұрын
I watched it only for Peter. The host is pathetic. Please learn some manners. Peter was so gracious
@YN-ze3jy
@YN-ze3jy 28 күн бұрын
Interviewer is rude interrupting the guest all the time
@georgeorwell3501
@georgeorwell3501 Ай бұрын
Peter you are so depressing and correct at the same time.
@jimscherer8072
@jimscherer8072 Ай бұрын
Peter and The Mooch!
@user-ku4wq8xk7u
@user-ku4wq8xk7u 17 күн бұрын
First , the dollar was back by the gold . Then , and supposedly by the petrodollar , now is back by taxes , and inflation . In other words is back by the giant national debt .
@Richest_Person_in_the_World
@Richest_Person_in_the_World 12 күн бұрын
Well, have you understood exactly how it is "backed by taxes"
@lincbass9579
@lincbass9579 Ай бұрын
Peter for President
@deehendon4204
@deehendon4204 Ай бұрын
Civility… how refreshing.
@user-tq1pw9zy1m
@user-tq1pw9zy1m Ай бұрын
How did he last 11 days?
@jetstream3528
@jetstream3528 Ай бұрын
Bahahaha
@victordobin5918
@victordobin5918 20 күн бұрын
He kept feeding Trump!!
@joeysocks5718
@joeysocks5718 Ай бұрын
Why don’t they give seniors a break by reducing their SS, while eliminating real estate tax for seniors??
@robertwilson5615
@robertwilson5615 29 күн бұрын
Why have a great guest and then proceed to talk over him - over and over and over... Shhhh, let your guest talk.
@4d-zi2ck
@4d-zi2ck 5 күн бұрын
There comes a ppint when you have to take note of what peter says...i was a btc bull and peter managed to pull me back. I like crypto but not btc.
@robertbunnell9590
@robertbunnell9590 Ай бұрын
Where's Bernie Sanders with his anti trust law? Boy he sure got quiet fast.
@user-wc1bg8th4z
@user-wc1bg8th4z Ай бұрын
Here's a math problem for you Peter... How many federal employees would need to be canned, and how many years would they need to stay canned, in order to balance the budget?
@bibibachmd9995
@bibibachmd9995 Ай бұрын
Good one!
@crooklyncat3223
@crooklyncat3223 Ай бұрын
INDEFINITELY! We do not NEED the level of useless trash working in govt. We NEVER DID!
@Eric-is1jt
@Eric-is1jt Ай бұрын
The answer is 34 trillion years to pay off govern.debt.The Ponzi Scheme is bankrupt,dollar is becoming valueless,say your prayers,kiss her ass goodbye!😅😮
@jksmithiii
@jksmithiii Ай бұрын
Problem with capitalism unconstrained by free markets is that it ends up having more in common with communism since price discovery is destroyed. Two sides of the same coin.
@crooklyncat3223
@crooklyncat3223 Ай бұрын
How so? Free market means FREE from intervention. If something is too expensive, ppl stop buying it until it can be afforded again. Pretty simple and straightforward .
@jksmithiii
@jksmithiii Ай бұрын
Suggest in principle yes, but consider this scenario: AMZN controls access to a particular product by pricing out competition. They can afford to do that. Now they control price discovery. You may say well people can just stop buying, but how realistic is that? Maybe AMZN can't capture a market, but I'm not sure I'd count them out. Not just price discovery, but ownership and time discovery is affected by captured market capitalism. MSFT with Windows is a good example, moving us to a rental model with advertising interruptions. Some of that stuff can be turned off, but some of it can't. At any rate, you no longer own your Windows license; you are now forced to lease it. So this is an example of captured market capitalism allowing the "You'll own nothing and be happy" mindset, just as Communism does. So what I'm suggesting is that captured market capitalism devolves into Communism.
@jksmithiii
@jksmithiii 28 күн бұрын
@@crooklyncat3223 Unless people have no other source to buy from. Ex. housing market. Why do prices go up?
@edwardtucker8219
@edwardtucker8219 Ай бұрын
Anthony Scaramucci, I am not a fan of Bitcoin, BUT, your debate with Peter Schiff a year or so ago was killer. No one before you ever argued (with Peter) that if we mine asteroids gold might go to worthless. That was a wonderful argument. You are one of the few who held his own against Peter, an amazingly calm and great debater. I am only watching this because the two of you are on together again. Thank you, Both! P.S. If I had your last name, I would play 'Bohemian Rhapsody" and replace that one word with your last name! LOL
@yonatandaniyel5640
@yonatandaniyel5640 Ай бұрын
Mine asteroids 😂😂😂😂
@durkaflip
@durkaflip Ай бұрын
When is that becoming cost competitive with mining on Earth. We can’t even send people to Mars yet.
@MyDadCanFixAnything
@MyDadCanFixAnything Ай бұрын
20:00 People may certainly be better off if the government taxed them less, but to say they wouldn't need social security is completely false. We have a generation or two now that has absolutely no financial awareness, no ability to save or plan for retirement, because they haven't been taught to, and that is completely by design. The government has no incentive to teach people to be financially independent, because then they have no control over them. We need a strict regiment of schooling from a young age that teaches our next generation to fend for themselves. That's what this country was, and should be all about. Not living off of some entity that doesn't care about you.
@bobleib737
@bobleib737 Ай бұрын
I had to turn you off,Alfredo talked to much!
@toomuchyoutube
@toomuchyoutube Ай бұрын
Peter always wins with the truth.
@jbwentworthe6082
@jbwentworthe6082 Ай бұрын
2 other considerations - Robots/ AI do not go shopping for anything. AI Chips consume as much energy as does an EV - in a year.
@shehzadshekani5618
@shehzadshekani5618 Ай бұрын
gold bull run end 2223 now mkt (cmp) 2165 correction 1965
@tomlawler1079
@tomlawler1079 Ай бұрын
Trump in 2024 ....Anthony...I thought you were intelligent but when I saw you would want Biden over Trump....I shut your show off... One reason is ....WE NEED A SOUTHERN BORDER.... !!!!!!! good bye Anthony
@johnalbertson9824
@johnalbertson9824 Ай бұрын
Trump 24 ps he’s not a crazy person you sound like MSNBC
@Denniswen01
@Denniswen01 Ай бұрын
Trump is mister Wharpspeed vaccins!!! Never forget
@chaunceyhart1346
@chaunceyhart1346 Ай бұрын
Yeah that guys goofy
@Richest_Person_in_the_World
@Richest_Person_in_the_World Ай бұрын
Trump suggested that disinfectant should be pumped into people directly
@williamholloway5789
@williamholloway5789 21 күн бұрын
I believe we will crash when debt gets closer to 50 trillion
@JV0207
@JV0207 Ай бұрын
Social Security SHOULD NOT BE TOUCHED until AFTER federal and state government pensions are cut or merged under all the same payout formulas AND double dippers of social security and government pensions get 1 plan taken away. ALSO the hundreds of thousands of social security and military disability cheats must have their benefits taken away
@danielwoolman8969
@danielwoolman8969 Ай бұрын
Whenever I want to feel confident about my metal holdings I listen to Schiff.
@johni314
@johni314 Ай бұрын
Excellent guest, very poor host. He needs to stop talking over guests. The guests of wealthion are the value… being able to cultivate guests (is the value of a host). Anthony has proven he’s not good at that.
@tedratcliffe2498
@tedratcliffe2498 Ай бұрын
Peter has some good points but he assumes that lower-income people will behave rationally and with forethought. Also, his ideas are akin to eco-side
@superstar5123
@superstar5123 Ай бұрын
Peter assuming people will act logically? get real hater
@ricardo-cw4cb
@ricardo-cw4cb Ай бұрын
20:00 hands up Milei’s followers
@0mar9
@0mar9 Ай бұрын
These two need another debate
@andrewparrillo7475
@andrewparrillo7475 Ай бұрын
Many platitudes from Mr. Schiff. Yes, fiat currency is the problem and politicians will continue to spend. Yes, lack of savings is a problem. Where are Mr. Schiff’s practical solutions?
@jwb4bb
@jwb4bb Ай бұрын
Revalue the dollar against a bimetallic standard, per the Constitution. Audit our gold and silver reserves. We can be debt free overnight.
@NotForYouorYouorYou
@NotForYouorYouorYou Ай бұрын
Peter made sense until the last question. Bad money drives out good money. I will hoard sizzle/digital gold/bitcoin and spend my inflated, debased fiat until exhaustion. Additionally, bitcoin, like gold, is treated as property by the IRS. Capital Gains anyone? That’s the primary reason why bitcoin/Bitcoin isn’t used as money in the USA, IMHO. I said it before, I don’t believe Peter has done the work to truly understand bitcoin. Ultimately he will buy bitcoin at the price he deserves. Keep buying silver and gold colored rocks Peter.
@peterponcedeleon3368
@peterponcedeleon3368 Ай бұрын
Bad money does drive out good money. BTVC is not money.
@gsyn7570
@gsyn7570 Ай бұрын
we are on the way to Argentina.
@timfatout7082
@timfatout7082 Ай бұрын
Worse
@travisadams5430
@travisadams5430 Ай бұрын
Argentina seems to be making some good moves to improve their situation.
@gsyn7570
@gsyn7570 Ай бұрын
I meant Argentina before Milei@@travisadams5430
@elizabethmurray5718
@elizabethmurray5718 Ай бұрын
Maybe some states more than others
@johndoe1.196
@johndoe1.196 Ай бұрын
FTCO pays a MONTHLY gold based dividend.
@Bagged_UP
@Bagged_UP Ай бұрын
Scarapoopchi
@deepnurmom1737
@deepnurmom1737 Ай бұрын
People should look n2 what the criminal us gov did 2 his father
@W1LLi4m_
@W1LLi4m_ Ай бұрын
Doomers 🥱
@robertbunnell9590
@robertbunnell9590 Ай бұрын
We have been in a recession since nineteen seventy one
@nickzema4683
@nickzema4683 Ай бұрын
Pretty sure if you cut all income tax employers will immediately reduce wages.
@malone7655
@malone7655 Ай бұрын
Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Chloe Linda Henderson🇺🇸🇺🇸🇺🇸..
@SolanLew
@SolanLew Ай бұрын
Thanks to my co-worker (Alex) who suggested Ms Chloe Linda Henderson.
@SolanLew
@SolanLew Ай бұрын
She's a licensed broker in the states 🇺🇸
@WillourBaldenegro
@WillourBaldenegro Ай бұрын
Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.
@difigfs
@difigfs Ай бұрын
Trump isn't doing what Peter knows is right. **rollseyes**
@Angelina-xj5zd
@Angelina-xj5zd Ай бұрын
Spoken like an oligarch.
@aab-el9bd
@aab-el9bd Ай бұрын
Scaramoochy worked for trump for 11 days and now wants Brandon? Moochy is butthurt
@Stonkings
@Stonkings Ай бұрын
Gold is a scam. The fleece you on the buy and the sell. Anyone who tells you they don’t is either ignorant or lying. If you can’t get spot price when you sell it… how can you consider it a store of wealth?
@tnt_pkk1311
@tnt_pkk1311 Ай бұрын
You two act like you got to choose 😂. The deep state already picked the winner
@chaunceyhart1346
@chaunceyhart1346 Ай бұрын
“Trump is a threat to our institutions” exactly and that’s why he’s the only man for the job. Dislike for Anthony, Peters great.
@Richest_Person_in_the_World
@Richest_Person_in_the_World Ай бұрын
So you admit that he's a useful idiot for evil Kremlin
@trumpshare
@trumpshare Ай бұрын
I love Peter but he should allow the host to speak and not interrupt. It's a friendly interview after all.
@mehdikhosh8879
@mehdikhosh8879 Ай бұрын
Dear Anthony, I greatly enjoy listening to you, but I must be honest and express my disappointment with the hour I spent listening to Peter. Unfortunately, it was a waste of my precious time as I gained no valuable insights. Peter seems stuck in outdated ways and unwilling to embrace new knowledge. If he supports Mr. Trump, perhaps he should consider contributing financially to his bond.
@p.r.167
@p.r.167 Ай бұрын
please tell me where Trump is crazy? any video I see him talking he appears a balanced person
@Richest_Person_in_the_World
@Richest_Person_in_the_World 12 күн бұрын
When he claimed injecting wipers fluid into covid patients was a nifty idea
@p.r.167
@p.r.167 12 күн бұрын
@@Richest_Person_in_the_World just a sentence. He did not do anything crazy or stupid. If you condemn a person for a single sentence taken out of context, then you condemn whole humanity.
@GregsPics
@GregsPics Ай бұрын
Let Peter talk already!
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