#250: Peter Schiff on Why The US Dollar Is Unsustainable and The Fed Has to Print Infinite Dollars

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 25 March 2020

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Peter Schiff, the CEO and Chief Global Strategist at Euro Pacific Capital Inc. He previously made a number of great calls during the Global Financial Crisis and it looks like he is turning out to be right again this time. In this conversation, Anthony and Peter discuss what happened in 2008, why that crisis has led to the current one, what the Fed's actions right now mean, why they are likely to be ineffective, and what the world will look like in 5-10 years. =============================== BLOCKFI-----BlockFi allows you to keep your crypto, put it up as collateral, and receive a USD loan funded directly to your bank account. They do loans ranging from $2,000 to $10,000,000, and they're perfect for helping you reach your financial goals of all sizes. Visit BlockFi.com/Pomp to learn more about putting your crypto to work without having to sell it. UNSTOPPABLE DOMAINS-----Make your crypto currency payments simple and build censorship resistant websites. Visit unstoppabledomains.com and purchase your blockchain domains today! ATLANTA CHEMICAL-----Atlanta Chemical Engineering LLC is the industry's leading supplier of high-quality color changing (thermochromic) paints and inks. Visit atlantachemical.com and choose your own color and activation temperature thermochromic paint, ink or pigment.

Transcript

Click on a timestamp to play from that location

0:00.0	What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening
0:04.5	Off the Chain, simply the best podcasting crypto. Let's kick this thing off. Peter Schiff is the CEO
0:11.7	and chief global strategist at Euro Pacific Capital Incorporated. He previously made a number of great
0:17.5	calls during the global financial crisis, and it looks like he is turning out to be right again this time. In this conversation, we discussed what happened in 2008,
0:26.8	why that crisis has led to the current one, what the Fed's actions right now mean, why they are
0:32.1	likely to be ineffective, and what the world will look like in five to ten years. Peter and I had
0:37.1	a lot of fun recording
0:37.9	this episode, so it should be highly entertaining. With that said, we recorded remotely and had a few
0:42.8	technical difficulties, so we have done our best to edit those out and make it an easy listen.
0:48.0	Before I get into this episode, though, I want to talk about our sponsors. The first is Block5.
0:53.7	BlockFi's got three products.
0:55.4	You can deposit crypto and take a U.S. dollar loan.
0:57.8	You can deposit crypto and earn up to 8.6% APY in an interest-bearing account.
1:02.6	Or you can buy and sell crypto on their cryptocurrency exchange.
1:06.2	They'll also be releasing a Bitcoin Rewards credit card later this year.
1:10.0	Head on over to blockfi.com
1:11.4	slash pomp. Again, blockfi.com slash pomp and check them out. You won't be disappointed.
1:16.8	The second is Unstoppable Domains. You can go to unstoppable domains.com slash browser and check
1:23.8	out their new portal to the decentralized web. We all know the decentralized internet
1:28.7	is the future, but it's been really hard to access for people without technical knowledge.
1:33.5	So head on over to unstoppable domains.com slash pomp and, or I'm sorry, unstoppable domains.com
1:39.1	slash browser, and you'll be able to access the decentralized web as well.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Anthony Pompliano, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Anthony Pompliano and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.