Peter Schiff – The Government Admitted to Running the World’s Largest Ponzi Scheme

Silver Bullion TV, Released on 10/6/21

SBTV spoke with Peter Schiff, Chief Economist and Global Market Strategist at Euro Pacific Capital, about the absurdity of the US debt ceiling debacle and the government’s public admission to running the world’s largest Ponzi scheme!

Discussed in this interview:
00:00 Introduction
01:27 Can the Fed go through with the taper?
05:04 What’s with the daily trillion-dollar reverse repos?
07:12 Insider trading at the Fed?
09:14 US debt ceiling debacle
12:21 Will the $1 trillion platinum coin ever materialize?
13:35 Evergrande contagion ahead?
15:42 When the Everything Bubble pops
17:03 When the world buys gold, it’ll be too late.

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron’s, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He’s also the author of the bestselling books: Crash Proof 2.0, The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America’s Coming Bankruptcy – How to Save Yourself and Your Country.

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