Good podcast with a lot of interesting points, but I think that you guys are both too much convinced that the Fed will simply do the same as what they’ve done in the past. IMHO the world has changed in 2020. They (i.e. Schwab and his ‘Little Schwabowski Urban Achievers’ in governments throughout the world) have dropped their mask, while mandating that we wear ours. Pumping up mindless consumption again, fueled with cheap credit, isn’t on the menu, and what they are planning is a controlled demolition of our ENTIRE society similar to the way Stalin, Mao and Pol Pot tried to re-engineer society. Blowing another stock market bubble isn’t on the menu either, and neither is freedom and liberty.
Before you speak positively about Peter Schiff you should listen to his interview from a few years ago with Ann Barnhardt. She is the one who shut down her successful commodities brokerage rather than go along with what the government was requiring, the details of which are long gone to me. What Ann said was to the effect of to be true to herself she had to do what she did and that if Peter was the same mindset he should also. His response was "but that would cost me money!" That's Peter Schiff. A true hypocrite.
Good podcast with a lot of interesting points, but I think that you guys are both too much convinced that the Fed will simply do the same as what they’ve done in the past. IMHO the world has changed in 2020. They (i.e. Schwab and his ‘Little Schwabowski Urban Achievers’ in governments throughout the world) have dropped their mask, while mandating that we wear ours. Pumping up mindless consumption again, fueled with cheap credit, isn’t on the menu, and what they are planning is a controlled demolition of our ENTIRE society similar to the way Stalin, Mao and Pol Pot tried to re-engineer society. Blowing another stock market bubble isn’t on the menu either, and neither is freedom and liberty.
Great guest, I love George's analysis but disagree about crypto, I short that crap.
George is spot on. Bitcoin not crypto and be prepared to hold for years without depending on it for living expenses.
Before you speak positively about Peter Schiff you should listen to his interview from a few years ago with Ann Barnhardt. She is the one who shut down her successful commodities brokerage rather than go along with what the government was requiring, the details of which are long gone to me. What Ann said was to the effect of to be true to herself she had to do what she did and that if Peter was the same mindset he should also. His response was "but that would cost me money!" That's Peter Schiff. A true hypocrite.