Peter Schiff is the founder, CEO and Global Strategist of Euro Pacific Capital, honorary chairman of SchiffGold, and host of The Peter Schiff Show. He is an economic forecaster and investment advisor influenced by the free-market Austrian School of economics. He is one of the few forecasters who accurately and publicly predicted the 2007 housing market collapse and subsequent 2008 financial crisis. His book, "The Real Crash: America’s Coming Bankruptcy – How to Save Yourself and Your Country," warns that the 2008 crisis was just the prelude to a larger sovereign debt crisis in the United States that may lead to a collapse of the US dollar.
0:00 Swan Bitcoin promo
1:17 Power situation in Puerto Rico after Hurricane Ian
2:19 Market volatility, "Crash Proof" and "The Real Crash"
7:11 Double-digit inflation
9:42 Liquidity in Treasury markets; Fed pivot or pause
12:55 Quantitative easing; raising interest rates exposes problem
16:52 "The free market has to do this to fix what the government screwed up."
19:58 Keeping interest rates at zero was kicking the can down the road
23:40 "Bitcoin is another mistake."
25:15 Bank of England collapse; pension obligations
31:23 iTrustCapital promo
32:10 Bitcoin 2023 and Bitcoin Amsterdam promo
33:15 Fold app promo
33:44 Bickering over Bitcoin; MicroStrategy's Bitcoin standard
37:11 SEC fines Kim Kardashian over cryptocurrency
37:56 Housing market crash
43:34 High-inflation environment
46:09 Orderly sell-off
48:04 If Peter was Fed chair? Don't soften the blow.
53:24 Crashes were predictable and preventable
56:19 Does Peter have hope America will get it right?
58:36 "Don't HODL to zero."