Peter Schiff: ‘We’re On The Brink Of Collapse’ – How The Everything Bubble Will Crash The Economy

Tom Bilyeu, Released on 9/10/24

00:00 Government manipulates CPI, affecting inflation perception.
14:21 High interest rates would bankrupt the government.
28:56 Creating inflation harms everyone, unfairly distributing losses.
35:30 AI-driven productivity might reduce debt, improve living.
45:53 Federal Reserve pays profits back to the government.
55:12 Harris criticizes Biden while claiming bidenomics success.
01:09:28 ID laws vary; Puerto Ricans can’t vote federally.
01:19:21 Constitutional checks eroded; government ignoring prohibitions.
01:28:51 Tax on appreciated assets would destroy economy.
01:34:54 Government regulation raises prices; market uses competition.
01:44:26 Invest in high-dividend, inflation-resistant essential businesses.
02:03:41 Dollar decline will trigger inflation and exodus.
02:10:14 Identify valuable stocks in promising sectors.
02:23:53 Choose bullion for value, investments for returns.
02:26:15 Multiple jobs, no savings, massive credit card debt.

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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