Peter Schiff & Ross Gerber Debate: Growth Vs Value

[@RealVisionFinance]

👉 Get 14 days of Real Vision for $1 rvtv.io/SchiffVSGerber

[@Jay-xr3sb]

2.5 months old? I'll pass

[@kintarogintama9149]

Im Luvin It the Scumbag Internationalist Corporates like Gargoyle FakeBook Amazon that have thru over glorified Tech decimated millions of small businesses people etc are now suffering Beautiful Stock Declines ah the Karma has just begun xox

[@WalterMangandid]

This debate was 2 months ago and Peter Schiff was right.

[@coreybates7412]

Spot on

[@warmlandmobilebrakes]

Mic drop a la bear Stern's and everyone walks out of the debate. Proceed directly to your transportation do not talk to the media

[@chrisclemmey1500]

As always.

[@lancobear8894]

If I had money with Ross Gerber I would be pulling my money out after hearing this debate.

[@pobaldy66]

You didn’t like the methadone argument

[@TheNamche]

Yes, Ross is completely unaware of the macro landscape. Perhaps he’s just too young to have experienced anything other than the Fed’s loose money monetary policy.

[@ElementaryWatson-123]

Ross Gerber is Cathie Wood wearing pants, just as insane.

[@rachelgooden9981]

Indeed

[@somethingginterestingg4275]

His performance has been significantly better than shift over the last decade+ though

[@TheBossEntrepreneur]

Peter is such a savage lol. No matter if you agree with him or not you gotta love how he is always down for those debates.

[@somethingginterestingg4275]

He says the same thing in every interview for the last 20 years.

[@henzobean]

@@somethingginterestingg4275 exactly. sticking to his guns, SINCE DAY 1. Respect It's just having a solid understanding of the economy, notice how peter doesn't give af about selling you an explanation. It's just how he sees it and he's been seeing it way before most other people

[@henzobean]

Ross is a clown 🤡

[@peterharris4386]

So one man, who supports an economic model that's never been tried, is arguing with another man, whose economic model has never been tried... so who is the clown?

[@luk1_285]

@@henzobean Why do you think that? He has been giving replies to Peter's questions and also counter arguments to Peter's reasoning. I think Peter has been wrong on several parameters and will continue to be. He has no explanation for Dollar rallying, bond buying; just that the investors are wrong to buy. He will continue to be wrong when the interest rates go down.

[@nolanstout23]

Peter: "Why didn't Volcker only take rates to 2% if that would have worked?" Ross: "Because that was the 1970s" The moment this dude completely lost it.

[@rachelgooden9981]

😂🤣

[@theredscourge]

The guy indirectly said "this time is different" = automatic loss

[@drudini5812]

"We own zero oil stocks because that is the worst thing you can do in the world" lol Ross is an idiot.. and probably doesn't even know it but he actually has a point. The amount of debt in the system is UNCOMPARABLE to the 70's and it will take no where near as much of a rate increase to demolish the economy

[@drudini5812]

If they took rates into positive real territory as determined by current inflation we would have to default on basically everything

[@drudini5812]

Here in canada when we went from zero to .5 percent fed fund rate like 40 percent of homeowners said they were concerned about BANKRUPTCY. Lol not cutting back on Starbucks, not downsizing, bankruptcy.. now people are idiots and like to complain but we are talking about .5 percent lol thats free money..

[@davidalmendarez7734]

Ross Definitely won the debate by getting a free lesson from Peter.

[@travisturner5294]

😂😂😂

[@luckyyewlandscaping5560]

🤣😂🤣😂

[@somethingginterestingg4275]

Why has he drastically underperformed the market for 20 years

[@ronits6361]

he is talking nonsense.

[@Ryan-sl2oe]

I think a wise choice would be to take my money out of euro pacific and give it all to Ross.

[@James-il3tq]

Peter is worth listening to if for no other reason his strong understanding of capitalism and consequences of big government.

[@PreppenWolfLLC]

People like Ross are the reason our economy is on a precipice. I'd love to see a follow up in July when we're officially in a recession after Q2 GDP prints negative again. Ross is 100% LA delusional.

[@NickOloteo]

And in Q3 when it’s negative again because of $6 gas and Q4 because of the food crisis

[@77magicbus]

It is now July but we are in a bear market rally. After a 35% loss on the Nasdaq , the markets are optimistic because inflation has dropped from 9.1% to 8.5%. hahaha. should be an interesting year. Ross is right Tesla will persevere but not without incident and some hardship. So far Tesla was down 50% from the top at $1243 to bottom at $620. This is a full 15-round fight, so it isn't over yet. At least 12 to16 more months left.

[@Technics19]

An luckily we're not in a recession, since they changed the definition of one lol

[@Random-yc5nr]

This is going to make a great 'Peter Schiff was right' Clip

[@TheOpinionSports]

Yep lol

[@wildreams]

About what specifically?

[@Random-yc5nr]

@@wildreams The guy keeps laughing at what Peter is saying will happen. Pretty much exactly what they did circa 2005 -2006

[@MrDaymien1]

I see Schiff and worry for the other guy

[@jorymiller3607]

This is Peters best debate by far. The other guy sounds like he doesn’t grasp a well laid out concept. Ash is crushing it as always. This is as funny as it is informative.

[@wayneatwell7039]

I saw the title and tossed a bag of popcorn into the microwave. Pure gold

[@spyrostsatsis2985]

Ofc the other guy doesn’t understand a thing. That ethical oil thing he said was the funniest part in the interview

[@somethingginterestingg4275]

Gerber has drastically outperformed shiff over the last 10+ years though . shiff fund has a horrible return and is full of people containing of the opportunity cost of being in his fund for so long

[@wayneatwell7039]

@@somethingginterestingg4275 true but past performance is no indication of future returns. The Fed has maintained the bubble longer than any reasonable person would have thought. I think there will be a year or two of extreme pain for the Gerbers while Peter has his day in the sun then the Gerber types will probably outperform for the decade after that.

[@johnjlopez]

@@somethingginterestingg4275 That bubble was inflating over the last 10+ years. That's Schiffs point. It's great... Until it's not great then everyone is F.

[@lukebotkin1359]

“You look at history differently because you don’t understand it” I lost it 😂😂😂 GOLD

[@migooknamja]

The other dude parrots the Democrat talking point of "Putin's fault" while bragging about his speculative tech stocks, with a picture of Democrat run L.A. in the background. He is spewing total garbage around the 40:00 mark

[@philiscoolerthanu]

Peter wins hands down. But bravo to his overly confident opponent who will very soon learn how destructive inflation is. I enjoyed the debate. They passionately disagreed with each other but were gentlemen throughout.

[@0mar9]

Peter wins...flawless victory...fatality

[@helterskelter156]

He finished him

[@rachelgooden9981]

😂

[@somethingginterestingg4275]

His fund is awful though. He's underperformed both the market and Gerber every year for a decade. His fund is full of people who missed out on 2-3x gains from investing with him

[@pete1288]

The gold bug has spoken.

[@onecoolstorybro]

Gerber is literally the perfect example of someone who hit a homerun ONCE in his investing career (i.e. TSLA) and ever since then thinks he is an investing guru whereas really he can't even define what stagflation (hint: we're living in it now...zero growth + high inflation) is.

[@NickOloteo]

And, he only hit a home run because he took massive steroids (PPP, enhanced unemployment, stimmy, and artificially low interest rates) Tesla my esla is in the mid 600s 🤡

[@luk1_285]

It's not inflation btw.

[@jordan4466]

Just like the majority of these KZbin “stock pickers”

[@johnjohnston5437]

I love both of these guys. I love the way Ross laughs at Peter as he’s describing what’s going to happen. Reminds me of the other economists who debated Peter before the housing crash. They were laughing the same way.

[@Monsdi]

Haha I agree. Ross is great entertainment value. An embarrassment you can’t stop watching.

[@jstodalk]

The young guy lost me when he said investing in oil is immoral. He doesnt live in the real world.

[@seriouslythodonteven]

he lost me when he said he'd own a stock based on PEG ratio only

[@rachelgooden9981]

Gerber had to get personal to make a point. He lost the argument for me when he said that the economy is doing well.

[@Qweertyyuiiop]

His business depends on that

[@markus_stromberg]

Aired 29th March

[@markus_stromberg]

Tesla was at 1100 march 29

[@PaulRayProductions]

Ross attended his first real economics class in his history..

[@ElementaryWatson-123]

@@markus_stromberg -- recorded on March 8th.

[@QTRResearch]

Peter Schiff has an understanding of economics that Ross Gerber wouldn't have if he lived to be 300 years old and spent every day studying.

[@jordanaraujo2579]

Ross has got a one way ticket to pound town.

[@yashirhassan3360]

Nice to see you here Quoth

[@tomcockcroft9394]

Peter is an economist who doesn’t make money for clients, Ross does

[@garthcletus9207]

@@tomcockcroft9394 look at his fund, the only person Ross is making money for is himself

[@lamcso]

Spot on, a child arguing with a professor, the bottom line is clear cut, the crash will continue until stagflation and recession. Back to basic economics, in over supply of money.

[@HermannTheGreat]

This was a great debate.

[@RealVisionFinance]

Thank you for watching it.

[@PaulRayProductions]

“If they raise rates to 2%, Inflation is done” - Ross Gerber hahahhahahahahhahahahhaha

[@plastifiedmetal5682]

Someone make a meme plz

[@seriouslythodonteven]

this phrase is gonna be famous lol

[@tbmg4050]

Every Peter Schiff interview quickly turns into the Schiff show

[@PaulRayProductions]

Ross attended his first real economic’s class….

[@erikgarcia8882]

Damm this is so true

[@jackbailey7512]

Embarrassing to whatever university ever awarded him a degree

[@zzz_ttt_0091]

Peter Schiff is the man.

[@nhardman]

Ross just wants to be the star of the next Peter Schiff was right video.

[@spenser6353]

peter been saying bitcoin is going to zero. were still waiting

[@Anglo-EgyptianMan]

Another total and unequivocal Schiff victory.

[@ozzy_livin]

Ross Gerber sounds like a child trying to argue with an adult ... Peter, great job keeping your cool 👏

[@P37RU5]

I had the same thought about Ross

[@deancapinegro4575]

Ross is naïve- must be related to Jimmy Carter

[@jordanmoss2290]

Investing with Ross is suicide.

[@ElementaryWatson-123]

Listen to Ross and do the opposite -- you'll be rich 😅

[@sashashaikh111]

Well said ..

[@migsy2115]

Quite Obvious Peter Won this one.. The other guy was just Rude, Interrupting All the Time and Laughing out of IGNORANCE...

[@plastifiedmetal5682]

He was even laughing when he said 2% interest rate would end inflation, like he didnt even believe it himself 🤣 what a waste of time for Peter

[@NickOloteo]

@@plastifiedmetal5682 every crypto head is a waste of time. Crypto has never faced a recession. It’s unproven

[@JoseNavarroCo]

The debate was literally right before the downturn of Tesla... Safe to say Ross is down a minimum 50% since the debate.. Peter is a savage.

[@Ehralur]

He's a long term investor. He doesn't worry about being down for a month. He literally said he still has at least 15 years to own Tesla.

[@jerrydwyer9057]

@@Ehralur maybe he can be back to break even in 10 years

[@Ehralur]

@@jerrydwyer9057 Tesla will be at $1000+ within a year unless it's gonna trade at a PEG ration of 0.25...

[@jerrydwyer9057]

@@Ehralur accounting for inflation tesla will never come back

[@Ehralur]

@@jerrydwyer9057 hahahaha

[@here_now_I]

Peter is one of the few people in US who have a long term perspective on such issues. Ross is an example of the rich who live in the bubble.

[@PaulRayProductions]

Peter is awesome, thanks for having him..

[@progfan234]

I for one would never give Gerber my money.

[@somethingginterestingg4275]

Objectively, he has outperformed shiff though. His performance over the last 20 years is horrible and WAY below the market

[@JP-vi4ig]

@@somethingginterestingg4275 that's because Peter refuses to take advantage of bubbles. He has principles, but they can be costly.

[@jimbenington2144]

This is a great video I really enjoyed it. Thanks Clear Vision!

[@RealVisionFinance]

Haha. You're welcome Jim!

[@CA_Liberty]

Did he really just say oil is ethically the worst thing in the world and that's why they don't invest in it. . . wow

[@breakoutvariant7263]

Gerber is about to lose his clients a lot of money.

[@frankperez5217]

Peter slowly and methodically plucked every feather off of Ross Gerber!

[@jordanaraujo2579]

Whelp looks like we've got more material for Peter Schiff was right #2.

[@maxvonberg7866]

Superb, absolutely superb episode. I fully agree with Mr. Schiff’s position - a storm is coming, and there aren’t going to be enough umbrellas going about.

[@markp8379]

I can't believe this guy. He said "no way, come on" when Schiff said this will be worse than the 70s. Schiff said they raised rates to 20% and he said "that's all we have to do!" 😂 13:08-18:10 - this guy is toast.

[@markp8379]

Ah and he just said our trade deficit is going down. 😂 He looks like he knows he's beat. This is crazy.

[@ianmerski5537]

Agree

[@helterskelter156]

And this guy is a “lead investor” in his company. 🤦🏼‍♂️

[@jimbenington2144]

@@markp8379 it’s true the government is pulling money out of the non-government at the moment. It’s called quantitative tightening. But that can flip overnight. You should look at the daily cash flow statements from the FEDs. This is part of the problem for equities. Less money in they system means less money to invest in equities.

[@plastifiedmetal5682]

@@jimbenington2144 there is no tightening. Tightening doesnt mean print less money, it means reduce the money supply.

[@victorl225]

Ross’ ancestors during the tulip mania: “This is the strongest tulip economy we have ever seen! You can’t find any tulips and the prices only go up!”

[@sparshparimoo]

How could Gerber say everything he was saying about the Fed, and still claim the economy was fundamentally strong and not in a bubble?

[@theredscourge]

I suppose because in a way, the Fed stuff has been true for many decades, but yet the world hasn't imploded yet. Peter is right in the long run that the market is irrational, but the market can easily remain rational longer than one who bets against it can remain solvent.

[@sparshparimoo]

@@theredscourge Gerber: The Fed will raise rates 2%, send us into Recession, and inflation is DONE. Also Gerber: The economy is really strong.

[@NikolaTodorovic]

This debate looks like a conversation from The Big Short, where Mark Baum talks to the CDO manager and that other guy investigating the housing bubble... They are living in a complete bubble and they have no idea what is coming...

[@oGSENTINEL]

Underrated comment!

[@trevorpowell4851]

Very well Stated.

[@moon1val]

Guy thinks the economy is strong because local restaurants are vibing

[@WaK3UpBoY]

Host did a perfect job!

[@whitewarrior2381]

I am from Germany. Peter Schiff is absolut right at all of his points.

[@flyover9818]

Gerber "I look at history differently", Schiff " you look at history differently because you dont understand it" 🤣 .... Gerber is an opportunity to take a tax loss.

[@ElementaryWatson-123]

Keep in mind this was recorded on March 8th. Now that you know how the market went since that you can easily understand who makes sense here.

[@jdel2151]

Oooo, Ross definitely lost the debate when he said there’s currently no parallels to the 70’s. Yikes.

[@danielabdalla8488]

Watch some old milton friedman clips from the 70's. It's scary similar

[@spenser6353]

the US was a creditor nation in the 1970s. US is a debtor nation right now. That makes a difference

[@Leon-cv7rw]

Peter has been saying this for a long time and I finally think he may be right.

[@tomcockcroft9394]

Been calling a recession every year for the last 30 years and been right 3 times 😂😂 and wrong 27

[@simclardy1]

@@tomcockcroft9394 not really. He has been giving allot of details. it's like a structural engineer telling you the bridge is suffering from rebar rot and will collapse. You don't say, "well it still holds traffic, you must be wrong". You need to see if the rebar is infact deteriorated.

[@tetrahedral3921]

It really bugs me when Peter refuses to ask his debatee as to HOW the US consumer is spending so much money. WHERE is that money coming from? HOW are they acquiring it? The answer is mostly through credit cards, loans, financing it through the wealth effect via the stock market (at the height of when this video was recorded) and so on. This Ross guy is totally out to lunch on economic realities

[@wayneatwell7039]

Not only did did we see a historic $31B rise in credit card loans in March, but it doesn’t even count all the BNPL lenders that don’t report to the credit bureaus. I think the borrowing is way worse than people realize because of all the BNPLs all lending to the same low income borrowers that can’t afford everyday purchases without borrowing.

[@angry-white-men]

Don't forget pulling out money from home equity as if it's their money that never has to be paid back.

[@spenser6353]

Ross actually runs a business. Most so called economists are academics with no experience at actually running a business

[@tetrahedral3921]

@@spenser6353 Peter runs several businesses and is worth $85 million dollars, and when precious metals revalue to their inflationary expectation nominal price, he will most likely be a billionaire, so it might be wise to reconsider your comment

[@spenser6353]

@@tetrahedral3921 he was also under investigation for banking fraud too

[@VETTERACER96]

Peter ground Ross into Gerber baby food in this debate.

[@MrDaymien1]

Ross will be in the next "Peter Schiff was right video " heheheheheh

[@Robertgriffinne]

Never go all in on any trade, no matter how much you know it’s gonna go. it will go, but on it’s time frame not yours. Leave some money for dips and trade other plays in meantime. No matter how small or large you’re working with.

[@PhilipMurray251]

@@viviangall1786Following the dollar cost averaging technique is pretty great, thats why you see people investing at the highs and the lows.

[@Alejandracamacho357]

@@PhilipMurray251The market has been killing me so much lately. Too much FUD going around, buying at the top and selling at the bottom. I can't afford to be on the losing side any more. I need a professional who will be my eyes and guide my hands in this market

[@michaelconn1876]

Looks like main stream fund managers like Gerber have not even considered Peter’s world view. Very informative conversation.

[@theredscourge]

I was surprised to hear that he was not 100% blue pilled on the Fed and rates though at least, though unfortunately he was still like 80%

[@michaelconn1876]

The certainty that he had that 2% Fed rates will definitely break inflation when it took 21.5% to do it during the 1980s was astounding. The fact that he had never considered the fact that even a 7% rate would break the US budget with $multi-trillion interest payment! I think main stream fund managers and main street investors are in for a rude awakening.

[@Interopader]

Ross has a profound point @26:45, "Nobody can survive in that world, including the govt." Exactly. Things are going to get real, real quick.

[@77magicbus]

This was the best debate I have heard in many years. Both articulate and intelligent points made. I agree with them both! And disagree on some points with both. Thanks for producing it. We need more content like this!

[@RealVisionFinance]

Thanks for watching!

[@simclardy1]

great debate, and great hosting. My first time seeing your channel and i subbed.

[@RealVisionFinance]

Thanks for watching!

[@depnox]

Ross should stop trying to explain economics to Peter and go unwind his SNAP position...

[@moon1val]

Brutal - but this debate has shown how right, even with quick timing, Peter was about the current market...and we're not even above 1% interest rates

[@AdrianWyrzykowski]

Great debate!

[@RealVisionFinance]

Thanks for watching it Adrian.

[@farmerbrett8660]

Great debate! I have wanted this debate since they both were on Meet Kevin!! Thanks

[@RealVisionFinance]

Glad you liked it! Thanks for watching Brett

[@rd9102]

The hard part is that both of them have something important to say even if i don't agree and do agree with parts of what both are saying.

[@michaelblasius7705]

The best moderation I have ever seen in a debate.

[@ryanmelvey8764]

Peter is always fun to watch haha

[@JavaJunkie009]

Great debate! Peter explains and defends his points far better than his opponent does. Not even close.

[@Blackpiller7]

Peter, Ross has to support the fed, because like you said, without the fed, peter’s fund would not exist. Lennar is 20% of his holdings.

[@somethingginterestingg4275]

Its not 20%.

[@gustavis85]

@@somethingginterestingg4275 you work for Ross? you commented on everything. Say something interesting for once.

[@GreyMan1793]

@@gustavis85 lol this was a great comment

[@TheNamche]

I don’t agree often w/ Peter Schiff but at least he knows what he talks about. Meanwhile Ross Gerber is a poser and I have no respect for him. He’s just terrible on Twitter, giving younger investors advice regardless of the changing macro landscape. He is a opportunist and should be avoided.

[@jonl9192]

At one point Ross advocates just bringing interest rates to 20% to curb inflation like the 70’s. Does this guy know what that would do to his P/E ratio on tesla???

[@shashiy4545]

:).... Telsa at 20.....bucks a piece.....

[@mikeanderson3953]

Now that some time has passed…. Peter’s right…..again…. It’s like 2007 all over again watching “smart” people laugh at him

[@tonytiger8248]

1st quarter was negative gdp growth since this video. Gerber is already wrong

[@OgFurious1]

I love listening to Ross and meet Kevin talk for hours, we are on the opposite side of the isle when it comes to politics but he makes sense. I greatly respect his opinions and have learned a lot from him. Peter Schmidt I got some Gold to sell you!

[@davidchristophersen8866]

This should be the inaugural video of the “Peter Schiff was Right 2022” highlight reel. He’s dismantling this clueless guy with the same truths he did so well back in those videos from 2005-2007.

[@kpmurphy2738]

At the 38:30 mark Ross shows his true colors when he claims that he will not be inviting Peter to any parties. Ross thinks the economy/life is a party!

[@bonanote]

Ross Gerber comes across as a used car salesman.......with all due respect for used car salesmen !! Unbelivable. Thanks Peter for your generosity in giving us a free lecture on free market capitalism and how it works. Excellent

[@ColMiCookie0]

Overview of option on 🇺🇸 Economy: Gentlemen on the left - The American economy is healthy when the rich are employed, fed, and able to travel. Gentlemen on the right - The American economy is suffering when average citizens struggling to buy groceries, gas, and rent/mortgage. My opinion, both make great points, strong opposing arguments make the best debates. My concern that government officials may be similarly divided, making optimal policy decisions challenging. My question, while these gentleman disagree, for valid reasons, who suffers the most? Is it upper class Americans or everyone else?

[@Daniel-gq1xy]

Ash!!! Always great interviews.

[@Ilovemymalteses]

I truly wish Gerber is right about America economy, unfortunately he is not living in reality like Schiff. My friend’s cousin own very busy expensive Japanese BBQ restaurant in OC always has to wait long line to get the seat, recently the business has dropped 1/3 that is never happened before. My friend’s bakery also dropped business too. people don't consume even Walmart and Target business droped. With American and China war continue on once China succeed breakaway USA market or dollars we would have to pay high prices to the goods that will make matter worse, I would not be so optimistic. It is better to prepare the worst early than feel sorry late.

[@defyingfinance9882]

at 43:00. This would be a fantastic show. How can I get involved?

[@vdaywondr]

Gerber: It's a wonderful fantasy land...That's priceless. Schiff: How do we pay for the giant trade deficit? *Easy, we print digital dollars out of thin air, for free fyi, and then we electronically credit their account with these inflated digital dollars. If they complain or decide they want to revert to monetarism we send the military.

[@moneymaker2024]

These “tech deflation” guys have been living in 1992-2021 world…They are about to be hit with something they never seen in those years

[@angelcometh3610]

I love both Ross and Peter, the only two I follow, great debate.

[@RealVisionFinance]

Thanks for watching Angel!

[@marvin-4814]

29 March was the day when S&P was at 4,631. Peter won totally

[@erikgarcia8882]

Peter at it with them facts, he had nothing on Peter. Great debate!

[@chrisbarber8442]

Peter's more than correct, he"s spot on!

[@jonc1866]

GREAT program!

[@RealVisionFinance]

Thanks for watching Jon!

[@PassportBrosBusinessClass]

Warren Buffet focused on stocks in companies that make products that people use every day, especially if the company pays dividends. I prefer to do exactly that. Long term investment in a dividend paying value stock. Automotive companies, ENERGY COMPANIES, Tech Giants and GROCERY CORPORATIONS make sense.

[@B-H76]

You have got to get them to come back for another debate a year from when this was recorded

[@blackecontv9820]

I can see this on a Peter Schiff was right compilation in about 2 -3 years!

[@tj7516]

I’m just glad I don’t have any money in Gerber or Kawasaki, cause the last 2 months are just proving Peter correct.

[@spenser6353]

investing is a marathon not a sprint. Two months is nothing

[@defyingfinance9882]

Well, Peter was right again. BRilliant guy. I also agree though with the idea of, "we live in the world we live in." When you're an investor you should be playing both sides and then you don't need a ton of money in speculative growth.

[@markc4340]

This is the first time I agree with Peter

[@pobaldy66]

He’s on repeat. Have you grown

[@theredscourge]

@@pobaldy66 Nah it's just more evident now that Biden replaced Trump and the longest bull market is running out of steam

[@pobaldy66]

@@theredscourge only running out of steam cause the Fed is forced to tighten the belt with all the inflation. Remember, stocks were falling under Trump too, with rate hikes. Trump rode Powell nonstop to stop raising rates, even though Trump campaigned that stocks were in a bubble cause of low rates.

[@theredscourge]

@@pobaldy66 Only because of the once in a century pandemic. Also enjoyed the fastest recovery ever, and Biden hardly touched any of the economic policy changes that Trump put in place.

[@pobaldy66]

in other words, weak. corporations used trump tax cuts to continue rewarding shareholders.

[@TXLionHeart]

THIS is why we subscribe to Real Vision! Well done! 👏

[@RealVisionFinance]

Thanks for watching!

[@cnvl1478]

Peter is awesome at debates

[@contrarian0885]

I agree ultimately that the current systemic problems within the US economy, namely our huge budget deficits and our huge trade deficits, will lead to the destruction of the relative value of the dollar compared to other currencies. The purchasing value of the dollar is already declining at a very rapid pace. However as long as the dollar remains in demand around the world for various reasons, that will keep inflation from running too out of hand in the US, but we will ultimately see deflation globally as rising US interest rates put inflationary pressure on the rest of the world as they begin to pivot to easing in the face of their collapsing economies. And we will see foreign economies in China, Europe and Japan with inflating and hyperinflating currencies, which will be a deflationary force for the interconnected global financial markets, but that will be counterbalanced with ongoing inflationary forces due to de-globalization fueled by geopolitical strife and ongoing supply chain distortions and disruptions. This speaks to a grinding stagflationary bear market for several years where more than likely inflation will remain well above the Fed’s 3% goal but should begin to moderate in the coming months into an earnings environment that will crater for many of the overvalued growth stocks. Once the market collapses and inflation begins to moderate to 6% or 7% the Fed will declare victory and will attempt to reinflate the bubble with a final debt cycle, the last and more than likely most extreme QE fueled global debt cycle of the dollar world reserve system. During the second debt cycle and the second round of QE stimulus, we will be starting from an inflation rate much higher than during Covid, and the dollar will most likely have lost much of its foreign demand as the petrodollar and world reserve dollar system continue to lose its monopoly status to CBDCs, crypto and precious metals alongside growing geopolitical uncertainty and instability. That will then open the door for a collapse in the deficit dependent US federal government which will come about either through hyperinflation where the loss in dollar purchasing power skyrockets out of control with no foreign demand to bail the dollar out, or outright US default on our debt obligations and a Greater Depression. We may encounter a hyperinflation and then a Greater Depression as well or, because of some black swan event, we will collapse into the depression without a blowoff top and a hyperinflation at all.

[@angry-white-men]

The US is the worlds biggest bank. If economies start collapsing, it will cause a systemic collapse in the US as well which will be felt far greater than in any other country as Americans have never lived a hard day in their lives.

[@araz5923]

I feel so bad for the investors on Ross Gerber’s company!

[@ramacass108]

This debate was a couple months ago?

[@wessitala497]

Great debate!!! Seeing the macro specialization vs micro specialization

[@RealVisionFinance]

Thanks for watching Wes.

[@shieldwolfminiatures8645]

16:08 Apple almost went bankrupt in 1997. So stating "I've owned Apple for 20 something years" is not valid, it's just lucky timing.

[@dannyyap5143]

Awesome debate...but i tend to agree with Peter!

[@Ehralur]

Peter definitely won this debate, but rising inventory levels do seem to suggest he was wrong about inflation and it's already starting to come down as the economy slows down and supply shortages start to reverse.

[@denniskaye5026]

A question for George: Do you agree with Keynes or Austrian economists? I know where Peter stands.

[@progfan234]

I suspect he'd say Austrian not knowing the implications

[@denniskaye5026]

@@progfan234 You are probably right.