The Rich/affluent folks don't give AF. They CAUSED this. Society is and HAS BEEN BROKEN. They just care about the next million/billion dollars added to their investments/bank accounts. Acting like they want or couldn't do anything about homelessness is b.s.!
@@Michael-kx7im american should revolt against all forms of personal debt. Force the auto makers to figure out how to get us a reliable, maintainable 20k vehicle
I know people who got into too much debt and were struggling to make minimum payments. What did they do? They took out a bunch of new loans/credit cards and bought a bunch of stuff, then declared bankruptcy. It sure looks to me like our Govt. is playing the same game. They know they can't repay the debt, they're not willing to cut spending, so the only solution is to spend as much as possible until they default.
Wrong. Tariffs incentivize domestic manufacturing, thus giving us access to higher-quality goods domestically, while employing Americans. We had plenty of tariffs throughout the history of the country, only recently we've had an income tax.
Exactly. Everybody saying otherwise, how is it working for yall paying expensive prices for cheap internationally manufacturered products? All while those same companies still rake in billions.
We are literally 30 years behind China in manufacturing technology. That’s why Xiaomi and BYD can make autos for $8500. Tariffs are actually just making cost of living more expensive for people here with lower technology products
I never work overtime. No taxes on it would be a powerful incentive to work more. Times that by millions of people and you could see a huge increase in output.
@@Conservative_carnivoreone employee working some overtime is cheaper than matching a 401k, providing benefits, and paying a salary to another person(s).
@DynaDawg But a lot of those companies don't offer those benefits. Normally white collar ppl receive those and they are on a salary so OT doesn't apply to them
Trump cannot control the Fed. In fact they hate him too so they could throw America into a severe recession or depression to make the Republican-led White House and Congress look bad. More weaponization but the Fed can’t be fired by Trump.
As long as the federal government is processing federal tax returns, Trump needs to make sure they can actually process them. Frustrating last time he was in office, he slashed all the people and Americans had to jump through tons of dumb crap to get their return processed.
Peter's great when it comes to gold and debt, but he clearly doesn't understand that Trump is going to ACTUALLY grow the economy by reducing production costs.
How about they stop spending my money, I don't consent to owing millions of dollars. If my share of their debt is over one million... I am bankrupt 😊 What benefit is there in that for me?
Recession! Crash! Inflation! It’s getting depressing. I have about $100k in emergency fund and I have been seeing good news about the stock market and would like to gain from that since I can’t let my savings be corroded by inflation. What stocks should I into as a newbie to safely grow my money.
It’s best if you buy growth/blue-chip/large caps stocks only. Also, as a newbie it’s advisable you work with an investment advisor to help set up a well-structured portfolio.
I was self managing but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary financial advisor. By restructuring and diversifying my $620k portfolio with dividend-paying stocks, ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 30%.
My CFA ’’Stacy Lynn Staples, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for sharing, I must say, Stacy appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.
They could get rid of numerous departments of the government…cut that huge amount of fat. What do those departments do for our people? Support our local farmers and businesses!
We can see how that goes, but we don't have the manufacturing capacity and it would cost a lot to build the factories. And the biggest problem Americans no longer have a heart for work. No one I know really gives a damn about their job anymore. They don't care about quality or anything so I would expect goods here to some degree have problems due to the no care attitude
For that you would have to deregulate to an impossible level. With a country that is obsessed with safety and worker rights and the environment, pigs will fly before then.
Peter pretty much points out the same disastrous conditions in every interview and the folly of political hope, but he does a masterful job in this interview. One of his best.
When you pay social security taxes to eventually have a social security check, that is not a simple promise that can be broken easily. That is a financial obligation, that the government should have never made. The paper money system always ends in hyperinflation.
What is he talking about. Should we, the American people, be responsible for the debt that the government is creating! We pay more taxes? So work more, for even less?
Yeah hundreds on airbases overseas and secret space program hollowed out most of our assets out of coffers, on top of hundreds of useless agencies buying stuffs and lavish banquets
Yes, this is the only future. Less and less people being born to pay more and more debt. Taxes will be 80%+ of your income in the next couple decades. Maybe not directly, but probably just inflation.
Ultimately the taxpayers are going to have to grow up and demand straight talk and facts rather than happy talk and fanciful promises of increased spending while cutting taxes.
The debt is growing exponentially. I do wonder if we made diesel so plentiful that we had to export it and the price was dirt cheap. You immediately pull the cost of all goods down.
The Fed has lost control of the long rates. They can cut short rates all they want, it seems like it is having no effect on the long end. Yield curve is un-inverting. I think we know what that means. Gold and Silver will not be a safe haven. The dollar is getting stronger, not weaker. If we get high long treasury rates, I am jumping in.
I suspect that Tim Cook uses an iPhone because he thinks it’s a good product. I suspect that Peter Schiff buys and sells gold because he thinks it’s a good investment. If it wasn’t, he’d probably switch to selling a better product.
To deport, 15 million people out of the United States would cost anywhere from at least 500 to a $1000 ahead. That would cost the taxpayers 7.5 billion up to 15 billion dollars. It might be easier to make them tax paying citizens.
It’s actually quite simple. Disallow our ‘uninvited guests’ to send remittances ($$$) back home. Shut down the transfer portals to all who don’t register and receive approval first. Game over. Many will self-deport.
Each head could be used like the regular citizen collateralized by the stock exchange for a million dollar for the government to justify more borrowing from the central banksters, thus continuing this debt ballooning system of no return
Let's not be short sighted on what Elon can bring to the table. He can create a program to audit the government. He can help streamline processes. He can help eliminate wasteful spending and so much more. Having two entrepeneur's at the helm ready to steady the ship is hopeful that not all is lost. We just have to have someone to really reduce government. Period. Remove federal education. Why is our childrens education at a federal level? Start closing some of these unnecessary departments and start balancing our damn budget.
Peter. The Coinage Act was in 1792. And it is STILL the law because it hasn’t been rescinded. A DOLLAR is a specific weight and measure of SILVER COIN or its equivalent in gold. 🇺🇸
I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $2m+ before retirement.
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Kristine Lynn Weber is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Kristine Lynn Weber, for her expertise and exposure to different areas of the market.
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work.. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
Without a doubt! Kristine Lynn Weber is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted based on thorough research and years of practical experience.
you gotta love peter , he always comes out with guns blazing and destroying the fake government and fed gaslighting ! peter is truly a gem in our f-cked up financial world and that's why he is always right just like 2008-9 !
Committing a murder and committed genocide are both evil acts.. If you were forced to choose between losing one family member or losing your entire family you would not equivocate and choose your entire family.
Tarrifs raise some prices but not nearly all...its very different from overall inflation. Also Tarrifs can be good in other ways like if manufacturing is increased in the US.
C’mon get fucking real. Nobody pay taxes on tips now. Believe me I work in a tourist town. You only pay taxes if you’re trying to buy a house. That won’t change hardly any consumer spending.
This debt is small chump change!!! What really scares me was Musk's face at the end of the Rogan interview with the talk about A.I. and robots! That was a fear, doom, and deep thinking look.
seniors already pd taxes when pay the money in? why paid again?since goverment cant cut spending, cut the goverment. look at all that money wasted going after trump politically?
At least 56,000 $ per ounce price necessary to 'PROP UP" the super massive debt of 36 trillion $. Total gold owned by US= 261.4 million ounces. For 40 % gold standard divide 14.4 trillion (40 % of 36 trillion) by 261.4 million = 56000 $ per ounce
38:36 exactly what the UK suffers from nowadays. Wanted all immigrants out (main reason for Brexit voters) and now have HUGE issues getting workers in construction, healthcare and other industries. Please please learn from their mistakes.
The pain for poor people would be too great if trying to reduce 36 trillion of debt. The rich, and the gold holders will still have a mansion, will still be able to eat and protect themselves from civil and world war. The pain will be one sided, the rich will not care!
There is not enough M2 money supply to pay off just the federal government national debt. This does not include the state, corporate, individual, or foreign debt domininated in dollars.
The best solution to save the economy is first to cut the military spending and then go to the next wasteful spending like $Billions to Ukraine , Israel and other countries .
Less taxes equals more consumer spending and more tax money. The consumer is broke, we are not responsible for the national debt being as high as it is.
Great interview. I would like to ask, would you like to have a talk about manipulation in the stock market and how does everyday, they steal from retail billions? It could give the USA people more view where and how they are getting robbed.
Gold is intelligence and they are not intelligent. Ignorance is eternity in a mental prison which is what they're going to get. Materialism. Self-centeredness. Sinners.
So true! We didn't necessary get "saved" last night. Not saying is bad himself or good himself but we lockded down and paid ourselves to stay home for "non-essential" workers & +$8Trillion in debt. Why we look to politicians so much is beyond my principles of my parents, Greatest Generation. People fell for masks, lock downs, "vaccines" to save us. Now one election prevents our lack of being responsible last +4yrs. I'm focusing on God & what he wants us to do.
Tax cuts and tax on goods made aboard. Rates are going up on the bond's yields. The honeymoon will be over next month or sooner .it will be interest on the debt 1trilloin wow.wake up people. Increase on social security is already broke.autoploit.
Peter gets it!🎯So glad someone remembers the 1980’s, besides me. I was in banking, aka the new Wild, Wild West.🤗 The policies of deregulated Finance is what we have been living under for over 50 years. (Thanks Nixon🤨) People are just noticing!?💸🌏
Americans are broke and tired and that's it.
Homelessness has skyrocketed
The Rich/affluent folks don't give AF. They CAUSED this. Society is and HAS BEEN BROKEN.
They just care about the next million/billion dollars added to their investments/bank accounts. Acting like they want or couldn't do anything about homelessness is b.s.!
The regulations and qualifications to even rent or buy any home is ridiculous. 3x the rent in California. and competition.
@@Michael-kx7im Just as in Moses day , the yoke just got to heavy to tote .
@@Michael-kx7im american should revolt against all forms of personal debt. Force the auto makers to figure out how to get us a reliable, maintainable 20k vehicle
"We have now been unburdened by what has been." ...........
Hahahahahahah!!! Nice
😅
I hate Trump, but that’s a good one.
@@Spiritjunkie-k5i Greatest political come back and triumph in American history........ Someone liked him.
@@Spiritjunkie-k5i WHY, so much hate? Did he hurt you physically or economically or run over your dog?
Time to get rid of the crooked Federal Reseve
They literally do nothing in the interest of the everyday person. Who authorized them to control money supply?
last time someone tried to do that they went bye bye (jfk)
@tacobannana6628 wrong jfk was killed because he was going to resettlement of Palestinians into Isreal 😊
Trump said he is going to
@@thegirlatthebeach3221 😂
The politicians that gave all the currency away are liable for the debt, not the American people that had no say in it
Americans religiously vote for the UniParty.
Ok, if i understand correctly, we are to demand Trump reverse the damage the central banks have caused these last hundred years.
Trump will cut the federal budget like this guy can't imagine
😂
I love Trump, but you're dreaming.
like he did last time? Name all the agencies and or offices he shut down last time? Don't worry, I'll wait.
@@nobodynever7884He didn't need to last time. I don't count Covid. The economy was going pretty well.
Yeah right after he's finished turning water into wine😂😂
I know people who got into too much debt and were struggling to make minimum payments. What did they do? They took out a bunch of new loans/credit cards and bought a bunch of stuff, then declared bankruptcy. It sure looks to me like our Govt. is playing the same game. They know they can't repay the debt, they're not willing to cut spending, so the only solution is to spend as much as possible until they default.
Bingo.
You understand the game.
Wrong. Tariffs incentivize domestic manufacturing, thus giving us access to higher-quality goods domestically, while employing Americans. We had plenty of tariffs throughout the history of the country, only recently we've had an income tax.
Thank you Orange. I appreciate the comments.
But he will have to spend to do that
Exactly. Everybody saying otherwise, how is it working for yall paying expensive prices for cheap internationally manufacturered products? All while those same companies still rake in billions.
Right🤣🤣🤣
We are literally 30 years behind China in manufacturing technology. That’s why Xiaomi and BYD can make autos for $8500. Tariffs are actually just making cost of living more expensive for people here with lower technology products
No politicians will tell the truth.
Greed and ignorance is certainly a powerful combination!
And corruption.
It's all steaming from moral decay.
They forgot about their Souls and Cardinal Sins.
They're all walking a fine line in The Crossroads.
I never work overtime. No taxes on it would be a powerful incentive to work more. Times that by millions of people and you could see a huge increase in output.
I feel like Im always working overtime without the income lol
It will cause people to slow production to justify the need for overtime.
Why not just hire another person(s) instead of paying 20-40 hours of OT wages per person?
@@Conservative_carnivoreone employee working some overtime is cheaper than matching a 401k, providing benefits, and paying a salary to another person(s).
@DynaDawg But a lot of those companies don't offer those benefits. Normally white collar ppl receive those and they are on a salary so OT doesn't apply to them
If Trump can fix this mess it will be a miracle. I personally can't see how we ever get out of this disaster...its virtually impossible at this point.
Trump cannot control the Fed. In fact they hate him too so they could throw America into a severe recession or depression to make the Republican-led White House and Congress look bad. More weaponization but the Fed can’t be fired by Trump.
tax system needs demolished
As long as the federal government is processing federal tax returns, Trump needs to make sure they can actually process them. Frustrating last time he was in office, he slashed all the people and Americans had to jump through tons of dumb crap to get their return processed.
Property taxes are all increasing in many states, government are running thin on funds
Travis this was epic! You got Peter…salute!
Because our debt is not tied to gold
What his he talking about? This economic has been a disaster for 4 years
Overthinking everything like it’s going to happen overnight. Lol
vlad?
Since 1985
Uneducated take.
Your guest is absolutely right about that
Very happy you're having PETER. You're growing because you're doing the job!
Peter's great when it comes to gold and debt, but he clearly doesn't understand that Trump is going to ACTUALLY grow the economy by reducing production costs.
Well why dont you divide all the debt by copper? Or zinc, or cement….that fraction has nothing to do with the price of gold
Last month the only jobs created where government jobs
yup
You can't tax and cut your way out of this deficit.... Trump's plan is more private growth in the US which is the only path to solving our debt issues
This interview blew my mind. Had to watch it twice. Great job, gents!!
Shit this market is running at 30. % P/E ratio, it was 17% in 1929 the Great Depression
Insanity
We dont want their crap anyway , our stuff is so much better
Hahaha 🤣🤣🤣
Your ignorance is showing😂
How about they stop spending my money, I don't consent to owing millions of dollars.
If my share of their debt is over one million... I am bankrupt 😊
What benefit is there in that for me?
The fed in dificult position? 😂😂😂,the thieves that aren't prosecutable aren't in difficult position ever ,
Same with the wef - go read Switzerlands host state act
Tariffs will also promote American purchases, boosting manufacturing at home.
And you're ready to pay $25 for an item for which you always paid $5?
@@rubicon3416 Status quo doesn't seem to be working, however a synergistic effect of nationalism on the economy could bring long term benefits.
Recession! Crash! Inflation! It’s getting depressing. I have about $100k in emergency fund and I have been seeing good news about the stock market and would like to gain from that since I can’t let my savings be corroded by inflation. What stocks should I into as a newbie to safely grow my money.
It’s best if you buy growth/blue-chip/large caps stocks only. Also, as a newbie it’s advisable you work with an investment advisor to help set up a well-structured portfolio.
I was self managing but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary financial advisor. By restructuring and diversifying my $620k portfolio with dividend-paying stocks, ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 30%.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you
My CFA ’’Stacy Lynn Staples, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for sharing, I must say, Stacy appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.
Basically, if you cut taxes, you cut public services, and it all becomes privately owned. Then, what was once unaffordable becomes unattainable.
They could get rid of numerous departments of the government…cut that huge amount of fat. What do those departments do for our people? Support our local farmers and businesses!
Yep! And Elon Musk is on the job.
Over 800 federal departments. How many are redundant? Elon needs to take a Hatchet to it all. Cut Fed. Payroll by 50%. Then streamline what's left
It's not nearly enough. Most of the budget is entitlements and military.
How about we start with the newest one. The Space Force?
Americans need to manufacture at home. It was wrong to pass critical manufacturing to outside countries especially ones that have hostility with us!
We can see how that goes, but we don't have the manufacturing capacity and it would cost a lot to build the factories. And the biggest problem Americans no longer have a heart for work. No one I know really gives a damn about their job anymore. They don't care about quality or anything so I would expect goods here to some degree have problems due to the no care attitude
@@lucianosmurf7037what's the point of working if you still can't afford the basics? Having multiple jobs to survive?
For that you would have to deregulate to an impossible level. With a country that is obsessed with safety and worker rights and the environment, pigs will fly before then.
Peter pretty much points out the same disastrous conditions in every interview and the folly of political hope, but he does a masterful job in this interview. One of his best.
Travis and Peter on one show a day after the election! My brain just melted!
When you pay social security taxes to eventually have a social security check, that is not a simple promise that can be broken easily. That is a financial obligation, that the government should have never made. The paper money system always ends in hyperinflation.
What is he talking about. Should we, the American people, be responsible for the debt that the government is creating! We pay more taxes? So work more, for even less?
Yeah hundreds on airbases overseas and secret space program hollowed out most of our assets out of coffers, on top of hundreds of useless agencies buying stuffs and lavish banquets
Yes, this is the only future. Less and less people being born to pay more and more debt. Taxes will be 80%+ of your income in the next couple decades. Maybe not directly, but probably just inflation.
He's not just going to cut taxes, he's going to spend like there's no tomorrow, he's a master Chief at spending
"He" cannot spend.
"He" HAS to get approval from CONGRESS, ie Democrats.
Democrats will have enough power to ALWAYS keep spending high by forcing it.
Bankrupt 6 times ,America's next!!!
He spent alot last time caus of covid.
@@robglobal1 just look at what he spent in 2017, 2018, 2019, more than any president in history
@@dialecticalmonist3405Control of House and Senate is in Republican control can't blame the Dems in 2025 and 2026
Ultimately the taxpayers are going to have to grow up and demand straight talk and facts rather than happy talk and fanciful promises of increased spending while cutting taxes.
We have to attend City Council meetings and write petitions to all local leaders.
Good job on the collab, Travis. Schiff and Mitch are great for conversation. Love the videos brother!
Does the world really expect a twice bankrupt to pay?
The debt is growing exponentially. I do wonder if we made diesel so plentiful that we had to export it and the price was dirt cheap. You immediately pull the cost of all goods down.
Thank you for commenting and sharing your insights.
The Fed has lost control of the long rates. They can cut short rates all they want, it seems like it is having no effect on the long end. Yield curve is un-inverting. I think we know what that means. Gold and Silver will not be a safe haven. The dollar is getting stronger, not weaker. If we get high long treasury rates, I am jumping in.
Advice on gold from guy who sells gold.....😂
Lol that's a fair point but I'd buy some gold if I had excess savings. Which I do not.
I suspect that Tim Cook uses an iPhone because he thinks it’s a good product. I suspect that Peter Schiff buys and sells gold because he thinks it’s a good investment. If it wasn’t, he’d probably switch to selling a better product.
He only sells gold because he believes in gold, it's like saying Jesus was 'selling' Christianity...
Ok. Go take advice from someone that has absolutely no knowledge about gold. 😂
To deport, 15 million people out of the United States would cost anywhere from at least 500 to a $1000 ahead. That would cost the taxpayers 7.5 billion up to 15 billion dollars. It might be easier to make them tax paying citizens.
Can pay a fine double the cost of the citizenship for people who already got it by paying
lol 😂. These people will never become legit honest taxpayers they will always abuse the system. It’s a whole different mentality
It’s actually quite simple. Disallow our ‘uninvited guests’ to send remittances ($$$) back home. Shut down the transfer portals to all who don’t register and receive approval first. Game over. Many will self-deport.
American Jizya Tax 😂 great idea though
Each head could be used like the regular citizen collateralized by the stock exchange for a million dollar for the government to justify more borrowing from the central banksters, thus continuing this debt ballooning system of no return
sorry no money for gold and you can't eat gold when everyone is starving
And what will people with extra food take as payment for selling it?
It’s not lack of food it’s lack of currency to buy it, would you trade hard made food for fairy dust and unicorn farts or tangible money.
Any solutions that are going to work?! What Peter Schiff is going to do if he is next President?! Easy to criticize!
Rome got down to using tin in their coins and painted them gold , they didn't even plate it, just painted it.
Blackswan is coming either way.All do to the last 4 yrs.
Let's not be short sighted on what Elon can bring to the table. He can create a program to audit the government. He can help streamline processes. He can help eliminate wasteful spending and so much more. Having two entrepeneur's at the helm ready to steady the ship is hopeful that not all is lost. We just have to have someone to really reduce government. Period. Remove federal education. Why is our childrens education at a federal level? Start closing some of these unnecessary departments and start balancing our damn budget.
😂🤣
Exactly
Take a look at the numbers. Never gonna happen. We are too far gone for minor cuts to make a difference.
Not going to happen. Wishful thinking.
@@nasimdanielhaq3639 let me guess. you voted for the loser. Bahahahaha.
national average 30-year fixed mortgage APR is 6.94% per bankrate TODAY!
That sounds very low? You sure?
That rate is not high. It's the housing costs that are extremely high.
I read it was 7.1
Only if you pay the cokeheads at rocket 2-3 points….
Peter. The Coinage Act was in 1792. And it is STILL the law because it hasn’t been rescinded. A DOLLAR is a specific weight and measure of SILVER COIN or its equivalent in gold. 🇺🇸
I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $2m+ before retirement.
As a newbie investor, it’s essential for you to have a mentor to keep you accountable.
Kristine Lynn Weber is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Kristine Lynn Weber, for her expertise and exposure to different areas of the market.
I don't really blame people who panic. Lack of
information can be a big hurdle. I've been
making more than $200k passively by just
investing through an advisor, and I don't have
to do much work.. Inflation or no inflation, my
finances remain secure. So I really don't blame
people who panic.
Without a doubt! Kristine Lynn Weber is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted based on thorough research and years of practical experience.
look up her name on the web for her website.
you gotta love peter , he always comes out with guns blazing and destroying the fake government and fed gaslighting ! peter is truly a gem in our f-cked up financial world and that's why he is always right just like 2008-9 !
Slobber tsunami
FYI. North Dakota vote failed to abolish property taxes.
Damn
There is no lesser of two evils EVIL IS EVIL
Committing a murder and committed genocide are both evil acts.. If you were forced to choose between losing one family member or losing your entire family you would not equivocate and choose your entire family.
grow up !
Tariffs are also inflationary as well BTW
Tarrifs raise some prices but not nearly all...its very different from overall inflation. Also Tarrifs can be good in other ways like if manufacturing is increased in the US.
In 1924 Germany had to print gazillion dollar Riech Marks😢
C’mon get fucking real. Nobody pay taxes on tips now. Believe me I work in a tourist town. You only pay taxes if you’re trying to buy a house. That won’t change hardly any consumer spending.
Travis has hit the big time folks, good going with this interview!
absolutely bonkers!
Absolutely BONKERS. I hope you enjoy the video
No, Harris woud increase taxes, not do what trump plans to do cut taxes. She is alergic to that.
This debt is small chump change!!! What really scares me was Musk's face at the end of the Rogan interview with the talk about A.I. and robots! That was a fear, doom, and deep thinking look.
seniors already pd taxes when pay the money in? why paid again?since goverment cant cut spending, cut the goverment. look at all that money wasted going after trump politically?
All true. Yet there are those that say they are "Debt free." 😂 There hasn't been any real actual prosperity for around 4 decades or more.
At least 56,000 $ per ounce price necessary to 'PROP UP" the super massive debt of 36 trillion $.
Total gold owned by US= 261.4 million ounces. For 40 % gold standard divide 14.4 trillion (40 % of 36 trillion) by 261.4 million = 56000 $ per ounce
Yes. Very good. I almost used the 40% but the point remains. Good work man
38:36 exactly what the UK suffers from nowadays. Wanted all immigrants out (main reason for Brexit voters) and now have HUGE issues getting workers in construction, healthcare and other industries. Please please learn from their mistakes.
Not true, UK still has millions of immigrants working there caring for your sick and disabled! Overpopulation is causing most of these problems!!!!!!
It crazy that the rich don't pay anything while the regular citizens pay everything
Propaganda rotted your brain.
The pain for poor people would be too great if trying to reduce 36 trillion of debt. The rich, and the gold holders will still have a mansion, will still be able to eat and protect themselves from civil and world war. The pain will be one sided, the rich will not care!
That story is as old as Humanity
There is not enough M2 money supply to pay off just the federal government national debt. This does not include the state, corporate, individual, or foreign debt domininated in dollars.
The best solution to save the economy is first to cut the military spending and then go to the next wasteful spending like $Billions to Ukraine , Israel and other countries .
Less taxes equals more consumer spending and more tax money. The consumer is broke, we are not responsible for the national debt being as high as it is.
What do you think about Ron Paul saying he is going to help with draining the swamp?
He needs to remember, it wasnt Trump's pandemic that induced spending.
The American People must demand an end to the Federal Reserve to use gold-backed U. S. Treasury currency. No more fiat currency.
Peter has been calling out this gold boom since 2006. Glad he finally got that call right.
Rant
Yes! Schiff-man is back!! 🤩
In my view, Gold needs to be revalued and then the US can sell off a part of its gold reserves to reduce US debt...
Great interview. I would like to ask, would you like to have a talk about manipulation in the stock market and how does everyday, they steal from retail billions? It could give the USA people more view where and how they are getting robbed.
Peter is consistently coherent and straight forward in his explanations. A shining light in the darkness. Thanks for having him on your show.
Because Trump won? 😂😂
People don’t understand what equilibrium is. It’s apart of economics. This must happen!!
What a horrible view of where we are headed !!!! GLOOM AND DOOM 🙏🙏🙏🙏🙏
Again FO elitist Peter. People are not okay with spending. Cut it! People are not okay with raising their taxes.
He's not an elitist.
@rubicon3416 he can’t help but talk like one on a regular basis.
It’s all about the limitless credit created out of thin air and debt based monetary system
Gold is bonkers
Gold is intelligence and they are not intelligent. Ignorance is eternity in a mental prison which is what they're going to get. Materialism. Self-centeredness. Sinners.
Only God can help us. Greed and unrepentant brought us here!
Agree brother or sister, no man will save us. Stay in the word and cling to the cross, I believe we are under judgement no matter who is elected.
@scott7746 I totally agree just like when cvd happened but people stayed asleep!
So true! We didn't necessary get "saved" last night. Not saying is bad himself or good himself but we lockded down and paid ourselves to stay home for "non-essential" workers & +$8Trillion in debt. Why we look to politicians so much is beyond my principles of my parents, Greatest Generation. People fell for masks, lock downs, "vaccines" to save us. Now one election prevents our lack of being responsible last +4yrs. I'm focusing on God & what he wants us to do.
Totally Bonkers Kid 😮 Awesome Video
Great contact. Thanks
Not watching this radical liberal, I am out.
They lowered interest rates. Then quickly hired interest rates.
Tax cuts and tax on goods made aboard. Rates are going up on the bond's yields. The honeymoon will be over next month or sooner .it will be interest on the debt 1trilloin wow.wake up people. Increase on social security is already broke.autoploit.
That's right. Can't pass the buck anymore. The bill has come due.
Low rates for the national debt; ridiculously high rates for the individual citizens.
Rome paid their soldiers by salt that was their currency
Silver
Peter gets it!🎯So glad someone remembers the 1980’s, besides me. I was in banking, aka the new Wild, Wild West.🤗 The policies of deregulated Finance is what we have been living under for over 50 years. (Thanks Nixon🤨)
People are just noticing!?💸🌏
Wow you got Peter Schiff on your show.. /respect..
I'm up 50% on Gold.... Thank you Peter for recommending it two years ago!
No one wantstp discuss the problem Greed. Instead everyone denies its effects on capitalism. Denial wont fix it.
I was taxed on my Social Security once
Thank you.
America is Argentina 2.0 South Africa 2.0