🔴 Tariffs: Not the Turkey We Want This Thanksgiving - Ep 994

  Рет қаралды 52,641

Peter Schiff

Peter Schiff

Күн бұрын

Пікірлер: 718
@peterschiff
@peterschiff 3 күн бұрын
This episode is sponsored by: Mint Mobile: Cut your wireless bill to $15/month at mintmobile.com/gold. Indeed: Visit indeed.com/peter to start hiring now.
@123lowp
@123lowp 3 күн бұрын
I have MINT Mobile. It is great deal and has good coverage. It runs on the T Mobile network.
@jhgolf25
@jhgolf25 3 күн бұрын
Crazy you don't understand how tariffs can actually be an effective strategy to create a more fair and balanced trade dynamic between countries. It's chess not checkers Peter, you're too smart to not understand the game theory at play here
@infotechsailor
@infotechsailor 3 күн бұрын
sorry peter but on issue of tariffs i believe youre wrong. see other countries already manipulate trade using govt force. america and our govt has to counter with in kind pressure. make no mistake it is a form of warfare. and defense and war are something i believe you would agree are one of the few legitimate purposes of the national govt. am i wrong?
@joyhappy1896
@joyhappy1896 3 күн бұрын
Peter, you missed the point of Trump charges high tariff on Mexico, Canada and China. Trump imposes high tariff is not because he wants to raise revenue but to punish Mexico, Canada, and China for enabling the Border Invasion. Those illegal migrants killed many Americans by bringing in a lot of crimes , drugs and fentanyl. Sometimes you have no choice but to cut off your nose to spite your face in order to get things done. Yes, Americans have to pay higher prices to buy imports but the trade-off is stopping the invasion of illegal migrants, drugs and fentanyl from China, Canada and Mexico, Americans are already broke and in debt. Americans need to stop buying all the junk from China, Mexico and Canada. China is the biggest producer of inferior-quality junk. Once the high tariff is in place, people don’t have money to buy junk but only essentials. Americans won’t die from starvation if they don’t eat fruits or vegetables imported from Mexico. Americans will be fine if they don’t own all the inferior-quality junk imported from China. People are creative. When people are like cornered rats due to high costs of everything, they know how to improvise. Don’t ever undermine people’s creativity. Our pilgrims did not use any imports from China, Mexico and Canada , yet they survived and were doing just fine. It’s time for Americans to practice “ Use It Up, Wear It Out, Make it Do, or Do Without”
@stlouisix3
@stlouisix3 3 күн бұрын
I would love to see a debate between Trump and Peter Schiff on economics. Trump would get annihilated if the audience room is full of reasonable, sincere people😂😂😂😂😂😂😅😅😅
@RampKevorkian
@RampKevorkian 2 күн бұрын
Hit 240k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in September 2024
@AnicaEmbregts-j3e
@AnicaEmbregts-j3e 2 күн бұрын
I would really love to know how much work you did put in to get to this stage
@RampKevorkian
@RampKevorkian 2 күн бұрын
I will be forever thankful to you, you changed my life and I will continue to speak on your behalf for the world to hear that you saved me from huge financial debt with just a little trade, thank you Jihan Wu you're such a life saver
@GregFunnell-q9f
@GregFunnell-q9f 2 күн бұрын
As a beginner in this, it’s essential for you to have a mentor to keep you accountable. Mr Jihan Wu is also my invest analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my investment decisions align with market dynamics for optimal returns.
@lalsingh7340
@lalsingh7340 2 күн бұрын
Jihan Wu Services has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's
@ElliGConcepcion
@ElliGConcepcion 2 күн бұрын
His guidance allowed me to restructure my retirement plan, resulting in an estimated $700,000 more by the time I retire.
@Jamesonjack-s8z
@Jamesonjack-s8z 2 күн 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 Ms Evelyn Vera🇺🇸..
@CynthiaGoodhead
@CynthiaGoodhead 2 күн бұрын
Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down🤦🏼of myself because of low finance but I still believe in God🙏.
@DirkMulder-v8y
@DirkMulder-v8y 2 күн бұрын
She's a licensed broker here in the states🇺🇸 finance advisor.
@DirkMulder-v8y
@DirkMulder-v8y 2 күн бұрын
Thanks to my co-worker (Alex) who suggested Ms Evelyn vera
@RubyAurora-s2o
@RubyAurora-s2o 2 күн бұрын
After I raised up to 525k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸and also paid for my son's surgery (Oscar). Glory to God.shalom.
@Omen-id6xg
@Omen-id6xg 2 күн бұрын
Can I also do it??? My life is facing lots of challenges lately.
@jonathanxxxx876
@jonathanxxxx876 3 күн бұрын
I really hope we recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in our country.
@SolaineDespins
@SolaineDespins 3 күн бұрын
Inflation can have a significant impact on individuals and their cost of living. As a result, it can cause negative market sentiment. It is important for individuals and businesses to find ways to navigate and potentially mitigate the effects of inflation on their finances. The current economic climate, including underperformance of financial markets due to fear of inflation, has led to a decrease in the value of my portfolio. I would appreciate any recommendations on how to potentially increase returns during this market downturn.
@LemonTwistSmiles
@LemonTwistSmiles 3 күн бұрын
Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up $450k within 2 years, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.
@VilladsGoguen
@VilladsGoguen 3 күн бұрын
Pls how can i meet this advis0r? i want someone to help me invest an Inheritance, i dont want to lose it to inflation
@LemonTwistSmiles
@LemonTwistSmiles 3 күн бұрын
She goes by Melissa Elise Robinson I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did
@dannielleemarie
@dannielleemarie 3 күн бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@sehrharoonmd8291
@sehrharoonmd8291 3 күн бұрын
Thank you for taking time away from your family to make your podcast, keep them coming🎉
@lrww5673
@lrww5673 3 күн бұрын
Another master class from Peter on history and economics. Always enjoyed, always appreciated. Thank you, Sir. Enjoy your Thanksgiving!
@pausereflect5911
@pausereflect5911 3 күн бұрын
It SEEMS, and it's understandable, that Americans think they have the world organized is a fair, just and lawful way! The ENTIRE world is telling you OTHERWISE. THERE ARE MORE LESSONS to come. Ultimately it IS a good thing. The sooner we can get over to the other side the BETTER. PEACEFULLY!
@Lawliet734
@Lawliet734 3 күн бұрын
@lrww "Another master class from Peter..." You wish! It's a beginner's class.
@derrekm1317
@derrekm1317 3 күн бұрын
I'm 51yrs old. $40,000 weekly and *I'm retired, this video have inspired me greatly in many ways that I remember my past of how I struggled with many things in life to be where I am today!!!!* ❤️
@RobertHohn
@RobertHohn 3 күн бұрын
Hello how do you make such?? I'm a born Christian and sometimes I feel so down myself because of low finance but I still believe in God
@PhoebeShantel-to3pq
@PhoebeShantel-to3pq 3 күн бұрын
It's Maria Frances Hanlon doing, she's changed my life.
@Javierandres-l1y
@Javierandres-l1y 3 күн бұрын
Same here waking up every 14th of each month to 210,000 dollars it's a blessing to l and my family... I can now retire knowing that I have a steady income❤️Big gratitude to Maria Frances Hanlon
@EllieShaw-bf7zn
@EllieShaw-bf7zn 3 күн бұрын
I do know Ms. Maria Frances Hanlon, I also have even become successful....
@Darlenegay-du7ke
@Darlenegay-du7ke 3 күн бұрын
Absolutely! I've heard stories of people who started with little to no knowledge but made it out victoriously thanks to Ms. Maria Frances Hanlon.
@goldismoney5899
@goldismoney5899 3 күн бұрын
END THE FED. Gold IS money.
@DegreesOfThree
@DegreesOfThree 3 күн бұрын
Money is easily identifiable, divisible and transferrable. Gold is none of these things. Gold is a commodity and a great store of value, but the market prefers digital currency for daily transactions. Even paper is too slow and cumbersome. 🤷
@Phyz_Stacker
@Phyz_Stacker 3 күн бұрын
​@@DegreesOfThreeGold is a tier one asset and money. BTC is neither.
@g2sizzle
@g2sizzle 3 күн бұрын
It’s ALL THEIR money…
@ericdoheny9108
@ericdoheny9108 3 күн бұрын
@@DegreesOfThreenobody cares what you think. The constitution DEMANDS gold as money
@TheoBoosalis
@TheoBoosalis 3 күн бұрын
@@DegreesOfThree Really? Oh wait there's silver! Silver was used for daily transactions. Gold was used for much larger transactions. Like a premium suit - 1 oz of gold. Buy property - on average it takes 320 oz. So much for your point. BTW - Gold IS divisible - it's divisible down to a minute form. I hate it when people say stuff like this. In addition - you only need currency to represent precious metal deposits - it's not really rocket science and we did it prior to 1913.
@johndewever1322
@johndewever1322 3 күн бұрын
Peter Schiff is a genius; explains issues so clearly - thank you from kiwi fans downunder
@emanuelcollado1343
@emanuelcollado1343 3 күн бұрын
He is very knowledgeable just crazy on bitcoins lol 😆
@johndewever1322
@johndewever1322 3 күн бұрын
@ but bitcoin is a Ponzi scheme isn’t it - works on the “greater fool” principle
@michalsavatar7
@michalsavatar7 3 күн бұрын
Yea he's such a genius that he advised people to stay away from Bitcoin when it was $10 and now it's at $100,000.
@johndewever1322
@johndewever1322 3 күн бұрын
@ sounds like tulips to me
@felixnewman2473
@felixnewman2473 3 күн бұрын
His analysis is only based on a utopia of free markets, that is the problem.
@stlouisix3
@stlouisix3 3 күн бұрын
Peter Schiff has been my favourite financial economics professor for a decade (I've had several real economics professors with PhDs and experience who aren't nearly as good as Peter Schiff).
@magz875
@magz875 3 күн бұрын
@@stlouisix3 I went to a "prestigous" American university and got a MS of arts in economics. My professors were a bunch of f○○ls!
@Mustang85635
@Mustang85635 3 күн бұрын
Thanks Peter for another great podcast. You are a good man posting from beautiful St Barts when you could be with your family at the beach. Appreciate it!
@TorontoLibertarian
@TorontoLibertarian 3 күн бұрын
Pilgrims saying, "my back hurts" to get out of work is funny.
@lucius1976
@lucius1976 19 минут бұрын
But bullshit
@joeg2760
@joeg2760 3 күн бұрын
Just sold my BTC and bought physical gold
@GoldenAgeDave
@GoldenAgeDave 3 күн бұрын
Dude! You are going to be one of the very few who will say they made $$ on bitcoin! Well done. So smart!
@joeg2760
@joeg2760 3 күн бұрын
@GoldenAgeDave When my drycleaner was talking about buying BTC I knew it was time to sell.
@Boguardis
@Boguardis 3 күн бұрын
@@joeg2760 That's a really dumb indicator. It's great you made a profit, but when more and more people know about BTC and cryptocurrency as a whole, the more popular it gets which means the more it will be worth. Anyone will tell you that BTC will keep going up, it's a safe investment and also something you can make money on trading, pretty easily I might add, but make no mistake that BTC will blow past 100k. There are obviously other investments to consider. There are some great alt-coins out there too that have way more earning potential than BTC at this point.
@Ranger1991
@Ranger1991 3 күн бұрын
Joe, should’ve bought physical silver instead.
@joeg2760
@joeg2760 3 күн бұрын
@Ranger1991 The bride became paranoid of theft after 100 oz of silver in the house. We live in a nice area but anything can happen.
@peterschiff
@peterschiff 3 күн бұрын
The movie I couldn't remember the name of was "War Games."
@michaelfornes1479
@michaelfornes1479 3 күн бұрын
Would you like to play a game of Thermonuclear war?
@Al-yf7tm
@Al-yf7tm 3 күн бұрын
Great movie..
@petehernandez5930
@petehernandez5930 3 күн бұрын
The only way to win, is not to play. So don't hold fiat, hold PM?
@sybentley6675
@sybentley6675 3 күн бұрын
tik tac toe ?
@LeoNidas-301
@LeoNidas-301 3 күн бұрын
Want to play a game?
@Will-No-Co
@Will-No-Co 3 күн бұрын
Pilgrims stopped calling in sick.😂😂
@peterschiff
@peterschiff Күн бұрын
I didn't mean that literally.
@Will-No-Co
@Will-No-Co Күн бұрын
@ I know. I just thought it was funny the way you said it.
@superalexandre8450
@superalexandre8450 3 күн бұрын
Looks like "Market" madness will never ever stop. It's hard to be sane and make right decisions in this market at this elevation.
@bharatham6910
@bharatham6910 3 күн бұрын
Bitcoin is just like any other listed stock, can go up down or manipulated, instead physical Gold is real money for about centuries.
@bobby4500
@bobby4500 2 күн бұрын
Thanks for telling the thanksgiving story, important.
@hilarymcdonald1477
@hilarymcdonald1477 2 күн бұрын
Thanks Peter for encouraging me to look at history of the pilgrims. I found that the pilgrims in Plymouth (by Cape Cod) arrived in November, and largely lived in the boat that winter. Their first growing season was a success due to an alliance with the Native Americans, and they did have a multi-day celebration of their first harvest with them. However due South in Jamestown Virginia was the starvation you mentioned…those folk never intended to farm stuff and relied upon 3 boats with supplies to arrive over time, and one was severely delayed by hurricane/Bermuda crash. They were people associated with companies looking to earn a buck in the new world and had little farming skills, and created horrible relations with the natives. The pilgrims (in Plymouth) on the other hand had a stake in creating community for community sake. They weren’t lazy and they plotted out individual land for themselves but did have a compact to help each other. The Jamestown situation on the other hand was dire and one could say it resulted from bad planning and corporate greed. I’m not sure you can say any of this was a capitalist / socialist experiment. Anyhow, fun to look it up on Thanksgiving today andI appreciate your inspiration!
@timthetiny7538
@timthetiny7538 Күн бұрын
It was definitely a socialist experiment. All land was communal to start with. They starved until they gave everyone private land.
@NicolasNicLeobold
@NicolasNicLeobold 3 күн бұрын
The sad truth is that Peter Schiff and his strategies have never outperformed even the S&P 500 as long as I've been listening to him, basically because he refuses to factor in several grim truths about the world and economics. He is great entertainment and a great fundamental economist, and I agree we are going to have a crisis and a reckoning, however, my portfolio and strategy would be different from his in at least several or additional respects.
@Booch-ge7cw
@Booch-ge7cw 3 күн бұрын
the long game is the collapse of the US dollar. until that happens, his thesis is wrong. the thing is, his reasoning is sound. we just live in a mad world, for now.
@steveruckman5401
@steveruckman5401 3 күн бұрын
Which of you have a faster catamaran? 🤔
@Mustang85635
@Mustang85635 3 күн бұрын
@@NicolasNicLeobold he has been right about gold though he’s been telling his listeners to buy gold for a decade now and the ones who did would have made substantial money on that with almost no risk.
@Earej
@Earej 3 күн бұрын
No, they would've underperformed even the SPX and definitely Bitcoin by like 200x. 200x!!
@jegm1118
@jegm1118 3 күн бұрын
Go all in on BTC, what could gonwrong ?? ​@Earej
@JohnLin-kg5eu
@JohnLin-kg5eu Сағат бұрын
Thank you, Peter!!! Super Appreciate your updates!!
@MASTER-w4b
@MASTER-w4b 3 күн бұрын
Historical BTC Rates on US Thanksgiving Day🤔 2012: $12.20 2013: $1031 2014: $376 2015: $357 2016: $735 2017: $10058 2018: 4257 2019: $7463 2020: $17717 2021: $57248 2022: $16215 2023: $37035 2024: $95380
@gregorysagegreene
@gregorysagegreene 2 күн бұрын
We once had a country that had no IRS, no Fed, had Tariffs, and was an industrial powerhouse - so I do not see why you don't see that potential? Pilgrims got caught by winters, Indians fed them.
@venz8201
@venz8201 Күн бұрын
He's always been in favor of tariffs and excise taxes if they are used strictly as a revenue source and replace the income tax
@peterschiff
@peterschiff Күн бұрын
@@venz8201 Exactly. But I don't want tariffs that raise as much money as the income tax does now. I want a much smaller government that we can afford to pay for with low tariffs and a few other excise taxes.
@Battleganz
@Battleganz 3 күн бұрын
Thank you. This was a particularly prescient podcast (PPP). Thanks for the "fireside chat!"
@tomrossi4666
@tomrossi4666 3 күн бұрын
You need to have Dinner with Trump fix this mess
@scottsmith5426
@scottsmith5426 3 күн бұрын
Trumps having dinner with communist Zuckerberg Do you see trumps bs yet??
@davidferrer5709
@davidferrer5709 3 күн бұрын
It’s about the ability to produce steel and aluminum products in our country during wartime.
@LittleCutiePodcast
@LittleCutiePodcast 3 күн бұрын
I'm thankful for the Peter Schiff Show... and grandma too!
@Walt1960
@Walt1960 3 күн бұрын
Happy Thanksgiving 🦃 everyone. I’m thankful for my wife and my best friend Grady (my Amstaff).
@MeZzZzZzZzZzZzZzZzZ
@MeZzZzZzZzZzZzZzZzZ 3 күн бұрын
Thank you for doing this during the holiday week. I really look forward to your show. Would be cool if you made it more interactive in the future and took some calls.
@satiricallyunstable
@satiricallyunstable 2 күн бұрын
Timestamp 45:45 The movie you're thinking of is "WarGames". The quote being, "The only winning move is not to play". Great movie!!! Cheers Professor Faulken..
@kathya1956
@kathya1956 3 күн бұрын
Happy Thanksgiving to you and your family.
@marctrottier8232
@marctrottier8232 3 күн бұрын
schiff rocksssssssssssssssssssssss!!!!!!!!!!!!!!!!!!!!!!
@austin_thompson
@austin_thompson 3 күн бұрын
Thank you, Peter. Happy Thanksgiving to you and your family!
@videshx818
@videshx818 10 сағат бұрын
Good insight & knowledge sharing, Peter !! I like it
@davidwhamilton8559
@davidwhamilton8559 2 күн бұрын
Sold all my gold and bought bitcoin let’s go
@superstar5123
@superstar5123 3 күн бұрын
Great video Peter
@greggergen9104
@greggergen9104 3 сағат бұрын
What you are missing Peter is that Tariffs are tax revenue to the US and if we collect more money through Tariffs, we can pay less taxes otherwise.
@Greg-b3b
@Greg-b3b 3 күн бұрын
I thought Peter had Tony Blair's memoir on his shelf for an awful moment - then I remembered he's on holiday
@felixblaksley
@felixblaksley Күн бұрын
"When an American paid twenty dollars for steel to an English manufacturer, America had the steel and England had the twenty dollars. But when he paid twenty dollars for steel to an American manufacturer, America had both the steel and the twenty dollars." -Abraham Lincoln
@TheoBoosalis
@TheoBoosalis 3 күн бұрын
Happy Thanksgiving Peter. It's a real slog out there. TY for taking the time.
@jamesedwards.1069
@jamesedwards.1069 3 күн бұрын
Of course Peter Schiff gives a brilliant analysis of the economic situation, but, if I may respectfully point this out, the thing that makes tariffs such an important element of the medicine America needs, is, as Peter points out, Americans consume can't afford to consume at the present rate. Tariffs are wonderful because they will choke off the foreign crap we can't afford to be borrowing money to import. Of course it will trigger a recession, which, as Peter says, is what we need to reset all the imbalances. No, free trade DOES NOT WORK when you have possession of a reserve currency and an unlimited source of fiat money creation. It took me a while to figure out that this was the bug in the libertarian analysis of free trade and tariffs. Only the discipline of sky high tariffs can stave off the destruction that is inevitable when the drug of infinite amounts of fiat money are available to provide unlimited consumption. Tariffs are not the panacea, we need lots of D.O.G.E. to enable domestic production and allow for domestic income creation.
@waynepreston542
@waynepreston542 3 күн бұрын
Glad all your listeners made you rich Peter, sadly you made most of us poor at your expense.
@geoffbassan6388
@geoffbassan6388 2 күн бұрын
I saw a business card once that had written on its back : " Perception is reality, change your perception and you change your reality " When it comes to tariffs that same holds true, but it seems to be the case for many things, if not all the longer I live...............................
@avx4281
@avx4281 2 күн бұрын
Thank u mr. Schiff. I wish more ppl learned from u.
@thriftyninja0075
@thriftyninja0075 3 күн бұрын
Now talk about how tariffs and lower corporate income tax rate on goods produced in the US affects the US economy and middle class wages.
@Booch-ge7cw
@Booch-ge7cw 3 күн бұрын
rich gets richer, dollar stretches less and less making the rest poorer. but trump says its the greatest economy ever! you just dont work hard enough or smart enough!
@pedrofaria3887
@pedrofaria3887 3 күн бұрын
Don´t disturb the Schiff during a Podcast!
@rlg222
@rlg222 2 күн бұрын
Oh wait you don’t own any. I’m doing pretty well thank you very much. Much better than my gold position.
@maarcoo76
@maarcoo76 2 күн бұрын
Interesting stuff about the Pilgrims...
@benjamincohn9329
@benjamincohn9329 Күн бұрын
Thank you for teaching true history about Thanksgiving. I will be teaching this to people for the rest of my life, because I wasn't taught this when I was a kid. I was taught just another lie from the US school system. I am so grateful that my parents home schooled me after the 5th grade
@lancemanion981
@lancemanion981 3 күн бұрын
Happy Thanksgiving Pete! You are the greatest.
@johnhorst6346
@johnhorst6346 3 күн бұрын
Hey Golden man thanks for sharing this with us Mazal
@silverfox5507
@silverfox5507 2 күн бұрын
Best of Peter Schiff !!!!
@briannewman6216
@briannewman6216 3 күн бұрын
Show me the incentives and I will show you the outcome.
@englishpayerofgermantaxes8186
@englishpayerofgermantaxes8186 2 күн бұрын
@brian Exactly, but there are still leftists out there who seem to believe that heavily taxing hard, dangerous, and difficult work, whilst subsidising laziness, incompetence, and indolence, is somehow going to lead to a better society.
@johnjordansailing
@johnjordansailing 3 күн бұрын
Solar powered yacht being environment friendly. Yeah, riiiight.
@lukasvymetal2665
@lukasvymetal2665 3 күн бұрын
The same BS like EV's
@jakek777
@jakek777 3 күн бұрын
😂
@veryunusual126
@veryunusual126 3 күн бұрын
Everyone should listen to Peter Schiff more
@martinwilby8942
@martinwilby8942 3 күн бұрын
what the man who didnt buy bitcoin wake up
@veryunusual126
@veryunusual126 2 күн бұрын
@martinwilby8942 please...
@tyronmegawatts6580
@tyronmegawatts6580 2 күн бұрын
At least their boat ride was better than my ancestors.
@Jakkaribik1
@Jakkaribik1 Күн бұрын
The Problem is People are stuck with the same Income what is reduced every Day by Inflation or Taxes.. +The Cost all around the World grows faster than most People get Paid for their hard work making people slack or fully quit doing good for Society.. You need Less Cost in Taxes and Better pay.
@Mike-ys4sr2023
@Mike-ys4sr2023 3 күн бұрын
Thanks again Peter for your great analysis and information. I am 73 and was following the 1987 Montreal protocol on Ozone Depletion led by the USA. I migrated to Canada 50 years ago but recently returned to South America to retire. Canada and US are in decline. Canada is US puppet in my opinion 😢😢 I following your shows for a while now and always looking forward to learning more from you. Thanks again 🎉
@stephengeorge3507
@stephengeorge3507 3 күн бұрын
I've been in the HVAC FIELD SINCE THE BOGAS MONTREAL PROTOCOL,PUT A LIT OF AC COMPANIES OUT OF BUSNIESS, AND COST BILLIONS WITH LITTLE ADVANCE
@iankingston480
@iankingston480 2 күн бұрын
Human Nature Great Peter. Love it Peter!
@kittenvideos292
@kittenvideos292 Күн бұрын
Tariffs are penalties on foreign production. If you call tariffs taxes it just shows you are okay with foreign slaves in sweat shops. Cheap goods from China have additional costs such as storage containers for all the cheap junk. Tariffs are constitutional and should be utilized. Tariffs will likely lead to negative bureaucratic growth.
@WW_SHTFF_WW
@WW_SHTFF_WW 3 күн бұрын
Thanks...good to see you bub! Have fun with your new yacht.
@andrewraffan1597
@andrewraffan1597 3 күн бұрын
GOLD is money.
@jowmister1594
@jowmister1594 3 күн бұрын
Happy Thanksgiving, Peter.
@007jamesluna
@007jamesluna 3 күн бұрын
Loved the story 👍❤️👍☘️☮️😎🙌👏🫡
@DividendFocus
@DividendFocus 3 күн бұрын
So why not just produce it in the United States so you don't have to import it. That solves the problem right?
@pstoneking3418
@pstoneking3418 3 күн бұрын
I'd prefer buying American made. But I believe we need to reel in the unions. It was the unions fault we lost our manufacturing to other countries. Labor costs here in the U.S. are too high, because of greedy unions. When will people realize when our wages are increased, "The prices of everything we buy increases even more." When we heavily tax businesses "The prices of everything we purchase from them increases"
@gunfunandstuff9226
@gunfunandstuff9226 2 күн бұрын
Most Americans don't want to work for the equivalent wages of foreign labor
@therealhawkeyeii7888
@therealhawkeyeii7888 3 күн бұрын
I picked up 2 1/10th oz mint condition Philharmonics Monday, at the day's low, for UNDER Spot at a local pawn shop. I guess he thought the bottom was falling out. Both checked out good in the Verifier.
@scottsmith5426
@scottsmith5426 3 күн бұрын
I buy local as well A lot of times it’s under spot If they buy it cheap enough they just want to move it and make what they can incase spot keeps falling
@LeoNidas-301
@LeoNidas-301 3 күн бұрын
Agree 100% get to know your local LCS shops.
@NicolasNicLeobold
@NicolasNicLeobold 3 күн бұрын
Peter's blaring commercials give me a headache. Kind of obnoxious, to say the least.
@johnhorst6346
@johnhorst6346 3 күн бұрын
Trump said he is going to slam Canada 🇨🇦 with 25% tariff on all goods our dollar is 69 cents we will strave like the pilgrim’s 😢
@marcosct86
@marcosct86 3 күн бұрын
Only if Canada puts tariffs. They can eliminate all tariffs and all will be good (only in Canada, USA is fückéd with those tariffs)
@bruceposch1449
@bruceposch1449 3 күн бұрын
Canada and Mexico should join the BRICS.
@Phyz_Stacker
@Phyz_Stacker 3 күн бұрын
The first ships were 100 sq ft of cargo space filled with 40-50 people. It took 5 months to get to America from England. I guess you do what you gotta do.
@LidiaMikheyeva
@LidiaMikheyeva Күн бұрын
Is this new home sales in one month real? 700k X 12 months = 8.4m, in a decade 84 millions new homes sold? Whole US population will fit in this new homes!
@GICrazyJoe
@GICrazyJoe 3 күн бұрын
I wrote Peter in for Vice president and Eric john phelps got president happy thanksgiving eve!!!!
@jerrybancroft8275
@jerrybancroft8275 3 күн бұрын
I don't think Tarrifs will actually do anything. First off the 25% announced against Canada and Mexico will not be applied, because they were just announced to Mexico and Canada to negotiate on border security. The 10% addition to China is already being negated by the devaluation in the Chinese currency.
@ceecmb
@ceecmb 3 күн бұрын
Bitcoin is like Pokemon cards. Some Pokemon cards are also very valuable. Do they have any intrinsic value? No....well probably more than Bitcoin
@Shrampion
@Shrampion 3 күн бұрын
At least you can play with them
@InvestingWithAdamK
@InvestingWithAdamK 3 күн бұрын
Bought my son a Pokémon card years ago. It’s more than doubled in value
@ZelenoJabko
@ZelenoJabko 3 күн бұрын
Who hurt you?
@pekkaastrom7346
@pekkaastrom7346 3 күн бұрын
This is a sweet fairy tale from the Wild West, and dear old Peter Schiff wrote it on a whim... I guess Peter is the last true Austrian economist. ❤️
@ApriliaRSV4-777
@ApriliaRSV4-777 3 күн бұрын
Thank you Peter 🙏
@WW_SHTFF_WW
@WW_SHTFF_WW 3 күн бұрын
Bub...when you are cruising around, be careful of those pirates. If you can't have guns, get class 4 weapon lasers. They do a great job at blinding people. Just don't use lasers in a white room or you can get eye problems too. Get your yacht built with dark paneled wood interior if you want to use lasers inside.
@Blackearthexcavationandtiling
@Blackearthexcavationandtiling 3 күн бұрын
Do a podcast explaining why now is different than the 80s - because as a farmer, we are 100% followikg the 80s - the end digit year ...in 85 the dollar rallied to a record, and grain and land began to collapse, 86-88 farmland bottomed out at a 61% retraction ... considering the dollar and grain is doing, its following the 80s exactly...nothing like the 70s as you describe ..... but as a farmer we could also compare to the late 90s ... explain in depth what you think will happen
@christophergraves6725
@christophergraves6725 3 күн бұрын
Outsourcing of American jobs must come to an end. Note that David Ricardo argued that free trade is not advisable if capital or labor are highly mobile for the reasons that we have seen in the past few decades.
@bruceposch1449
@bruceposch1449 3 күн бұрын
Last year there was almost a trillion trade between Canada and the US...US had a small $13 billion trade surplus with Canada. If it isn't broke, don't fix it.
@Andreavince-v
@Andreavince-v 3 күн бұрын
Thank you for your videos mate.. . Crypto education is what the world needs the most right now. I don’t think that buy and hold is a valid investment strategy anymore. Not too diluted and to a degree, follows Saylor trading ideas and signal tips for your portfolio growth and aggressiveness.This man has not only taught me what the cryptocurrency trading world looks like but a secret to uplift my finance. Buying crypto and waiting for the price to shoot up is not the best way to invest in the market but buying and trading is. Harry Saylor trade signaIs does the heavy lifting, generating competitive returns for crypto traders and investors in the form of money and peace of mind. Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path...
@JohnNgomba-k3v
@JohnNgomba-k3v 3 күн бұрын
I’m new to crypto trading, feels overwhelming but I won’t give up on learning this.Thanks for your clear explanation from the very beginning!
@KarenJ.Mancia
@KarenJ.Mancia 3 күн бұрын
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience.
@heatherj-o5j
@heatherj-o5j 3 күн бұрын
Finding a financial advisor with expertise in cryptocurrency can be beneficial for navigating the complexities of this rapidly evolving market.
@CharlesT.Foster
@CharlesT.Foster 3 күн бұрын
I think the problem is that no one is interested in btc anymore. Now that it has received so much adoption and acceptance as a legitimate store of value, and governments are getting involved, the mystique is gone. The ETF may have been the worst thing that could have happened to Bitcoin and crypto enthusiasts in the long run. Stacy Lynn Staples has been instrumental in helping me navigate the past few months.
@StephanieG.Augustus
@StephanieG.Augustus 3 күн бұрын
I'm new at this, please how can I reach her?
@tuomastiihonen2231
@tuomastiihonen2231 3 күн бұрын
The reason the dollar isn't getting weaker with trade deficits getting larger is that the demand for dollars abroad also increases in balance. Smaller trade deficits will break the balance in dollar's favor!
@anthonygarcia185
@anthonygarcia185 3 күн бұрын
Some of that is true about the pilgrims, but what about on the other side of United States where the Spanish were they were here to find gold and silver real money, and they were here before the pilgrims
@mountainpatriot7673
@mountainpatriot7673 3 күн бұрын
And again...Peter is right. Government produces waste and debt. Capitalism produces wealth and abundance!
@LidiaMikheyeva
@LidiaMikheyeva Күн бұрын
Peter, if there were pilgrims, they didn’t have to work, they just had to walk to billions of tons of fish and animals, trillions of tons of vegetables, fruits and berries. Ask native if they own land or do farming for money back in the days. This story is full of it
@Jaysfan7493
@Jaysfan7493 3 күн бұрын
Farming cooperates have worked very well. Not easy but more productive. My grandfather managed the first combine almost 100 years ago. All you need to do is keep the slimy government A- holes out.
@tuomastiihonen2231
@tuomastiihonen2231 3 күн бұрын
I assume the difference is that here you split the costs collectively but keep the profits individually?
@Jaysfan7493
@Jaysfan7493 3 күн бұрын
​@tuomastiihonen2231 No. It worked because all members were compensated at a higher rate because fewer crops were lost. But yeah , a better producer earned more. At the end of the season, more was produced.
@bruceposch1449
@bruceposch1449 3 күн бұрын
all farm co-ops go broke eventually. All.
@arbingerinstitue936
@arbingerinstitue936 3 күн бұрын
Wanted to thank Peter for helping me put myself on a gold standard. Not sure about the thanksgiving history lesson tho. Natives helped pilgrims farm as they were ill equipped. Pilgrims thanked them with a meal after the harvests. This would happen several times a year. Wasn’t until Lincoln that we got the national holiday. Peter forgot one important point: Capitalism won because the Natives didn’t. Is it worth the price?
@Kristofur77
@Kristofur77 2 күн бұрын
I had to work with the PPP loans. I had 2 different businesses, 100% needed it, and one didn't need it, so it depends on the business.
@GaryStipes
@GaryStipes Күн бұрын
Look president Trump did tell the people the tariff would come at some pain, but he said the pain will go away two years but if we don’t put tariffs on these other countries we will really feel the pain! So there’s really know way around feeling some pain
@philiscoolerthanu
@philiscoolerthanu 3 күн бұрын
That was me calling Peter. You owe me some gold 🎉
@brutussmithers6341
@brutussmithers6341 3 күн бұрын
At the dinner table..Son, who have you been listening to? Peter Schiff.
@KoreanWhisperer
@KoreanWhisperer 3 күн бұрын
Enjoy your holiday Peter! Bon voyage
@therealjimbosliceman
@therealjimbosliceman 3 күн бұрын
Of course the country that places a tarrif on a country directly pays for the tariff, but doesn't the country that has the tariffs put on them have a higher burden to produce because of the tariff, and therefore reduces supply because of the tarrif, pushing prices up in the country that is being tariffed. All countries involved are going to be worst off.
@johnhorst6346
@johnhorst6346 3 күн бұрын
Peter looks like Mike Love ❤️ saw the show in Niagara Falls it was the best show I’ve seen them do!
@pstoneking3418
@pstoneking3418 3 күн бұрын
I'd prefer buying American made. But I believe we need to reel in the unions. It was the unions fault we lost our manufacturing to other countries. Labor costs here in the U.S. are too high, because of greedy unions. When will people realize when our wages are increased, "The prices of everything we buy increases even more." When we heavily tax businesses "The prices of everything we purchase from them increases" There was a time that our government ran on tariffs, and there weren't any federal income taxes. We need tariffs to gradually bring our manufacturing back to America.
@Elsuper-wq6qz
@Elsuper-wq6qz 3 күн бұрын
Really peter- your getting a discount on your “solar powered catamaran” No matter how much you try it just does not sound natural dude. Knock it off
@bbustin1747
@bbustin1747 3 күн бұрын
Happy Turkey day Peter. I hope the turkey is good in the Caribbean, you might have to go with the Jerk Chicken 😂
@martinwilby8942
@martinwilby8942 3 күн бұрын
whats the price of bitcoin peter
@pstoneking3418
@pstoneking3418 3 күн бұрын
There once was a need for unions. But unions now have driven all U.S. manufacturing to other countries. In order to make companies prosper once again in America, we will need to have better control over the unions. An excellent example of a prosperous company is tesla (NO UNION). The workers at tesla are happy. They make a good wage and have excellent working conditions.
@BobFromPineCreek
@BobFromPineCreek 3 күн бұрын
Nice story. Can't find any information to back up how you understand Thanksgiving. There are many versions and most of them state half of the Pilgrims died from starvation during the first winter, shortly after they landed at Plymouth Rock.
@noeltan3596
@noeltan3596 3 күн бұрын
I almost always agree with Peter’s logic and explanations. Unfortunately being right doesn’t necessarily mean getting rich, as long as we live in this clown world of fiat and Fed.
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