“We’ve NEVER Seen Anything Like This In Recorded History” – Peter Schiff
Peter Schiff, Chief Economist and Global Strategist at Euro Pacific Asset Management and host of The Peter Schiff Show, breaks down the U.S. government’s sweeping new tariffs and explore their impact on inflation, the U.S. dollar, gold, consumer prices, and the broader markets.
Peter shares why he believes the U.S. is entering the worst economic crisis in modern history, how the dollar is losing global trust, and why foreign markets and commodities like gold and silver may be the only lifeboats in sight.
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CREDIT:
Peter Schiff
X: https://x.com/PeterSchiff
Websites:
https://www.schiffsovereign.com
https://www.schiffgold.com
YouTube: @peterschiff
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29 Comments
Schiff we know you got way too much money stop talking about cutting the Social Security and have some respect for these people who have worked all their lives are getting peanuts. There’s plenty of other ways to cut money like getting people like you to pay more taxes who left the country for tax breaks !
Pete, Pets stop worrying – just down the street here they are opening a sock manufacturing shop and they hope in a few years to be making underpants TOO yes EXPANSION !! You'r just so so – out of touch!
Have you seen the price of sport shoes ? LOL $150.00 stuff made for $12.00 in China – what all does that tell yo who is responsible for all this non-affordability – those nasty middle men who run with the money and buy gold, BitCoin and stocks.
we have 3 asset bubbles in the US..stocks, credit and residential real estate…i would no be surprised if we see a 40% decline in all three….
does anyone think your typical trump supporter watches videos like this?
Non sense
That’s just stupid. Republicans are not going to lose in the midterms and the Democrats are definitely not gonna win anytime soon. It’s more than just money is the reason for the change of the parties it’s about values of life, morals, ethics people are not going to stand for any more Democrats running the country. It doesn’t matter how much money they have to spend, are we on the same page yet? Oh blind one
Labour in Vietnam $8 per hour verses $16 in America
What jobs are coming back to America
Big joke !!!!!
Corrupt government and corporate greed
What could possibly go wrong with a convicted felon grifter scammer and failed businessman as president
Go figure !!!!
GOP ECONOMIC HISTORY ! GREAT RECESSION ! GREAT TEPRESSION !!
Cause you really can't fix stupid
Trump knows exactly what he's doing he's a piece of s*** who cares only about the rich remember he's only working for $1 but he may just made $35 billion dollars in stablecoin his wife made 20 billion in stablecoin when they first brought it online because there's nothing but thieves just like his new phone that's only $150 on Amazon but if you buy it through him it's 500
The United States is causing an unending arms race no one can afford. We spend more on weapons than the next 4 countries combined. Anyone outside America, looking in see an imperial military monster that never quits. Just look at our plans for planes. No one has anything that can match the F15, but we’ve built the F22 and then the F35 which no one matches yet. Do we slow down? No! We’re not satisfied with air superiority; we want air dominance. Where? Everywhere! We want to continue to build and build, sacrificing aid to the poor like SNAP and Medicaid, as well as our infrastructure from airports to the electric grid. Go to China and their roads and trains put us to shame, while they’ve also installed twice as much wind and solar. When the next wars come, and they will come, we will share a major part of the blame.
We have a president who is a blustering buffoon. He ‘negotiates’ by bullying, losing friends faster than he eats junk food. The ONLY sensible future is one of peace and prosperity for everyone, not bullying and antagonizing friends and enemies alike. I hate to say it but America’s best days are behind us if he continues on this path.
Taco Rump and the Rump Gang are a clear and present danger to American democracy and pets.
This is an old video, gold 3100? LOL
Why does social security need to be cut all lies, Americans pay into social security, nothing to do with government spending, Stop the bull shit with social security. That's are money bottom line
like i said in many planning meetings – 'we can do 10 things poorly .. or 3 things greatly .. so pick your 3 priorities' …
to think that trump thought up this policy on his own is 'magical thinking' .. his grasp of macro-economics and formulas is not good enough for this level of detail .. like the actor reagan before him the reality TV guy is just a mouthpiece …
Hey PETE Crypto is going ballistic thanks for your great insight! To memorize your duff I have unsubscribed you! 😂
Henry Ford understood that he had to pay his workers a decent wage so they could buy cars. Trump and Schiff want to impoverish the working class through slightly different approaches. But both want to increase income inequality to benefit the wealthy. The problem is that addressed by Henry Ford.
Sadly most people around the world are totally unaware that Fiat is just a PONZI scheme because they can't see it but they continually moan about prices rising but they don't connect the two
I thought your hero Trump was supposed to make everything great again…but instead he is destroying the USA economy and destroying America's reputation around the world . The empire is coming to an end !
When everything else fail they take you to war
America has the same resources as Canada. The only reason why Americs trades with Canada isvCanada's cheap dollar. When the looney is low, Canadian exports boom. 35% tariffs make Canadian goods uncompetitive. The easiest way to create American jobs is to impose high tariffs on Canada.
If there is a 35% tariff on Canadian exports to America, Canada loses its cheap dollar advantage. Those jobs go to America…period!
Tax the rich 95%. Nobody needs 1000,00000. Dollars.
I just go and steal in the stores!😂
Stocks breakin records….People are real scared of whats coming.hope all the kid investors lose theur balls!!😂
Dont buy American!