Sanctions for Russia Mean Higher Inflation for America – Ep 780

The Peter Schiff Show Podcast

Peter Schiff

Business, Politics, Business News, Investing, News

4.7 • 5.8K Ratings

🗓️ 23 February 2022

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

* Bad presidents, like Joe Biden, do not deserve to be honored on Presidents Day.
* George Washington was the greatest American in history.
* Joe Biden avoids taking questions to avoid giving stupid answers.
* Government’s solution to the energy crisis will be rearranging the deck chairs on the Titanic.
* NATO should have been disbanded with the fall of the Soviet Union.
* Bitcoin leads risk assets lower, in the opposite direction of gold.
* Markets are reacting more to inflation fears than concerns over Russia and Ukraine.
* Buying Bitcoin is better than shorting gold.
* Hex coin scam epitomizes the problems with Bitcoin.

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Transcript

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0:00.0	The Peter Ships Show
0:07.0	Today's podcast is sponsored by Indeed.
0:11.7	You can trust Indeed as a hiring partner because they want the same thing that you do,
0:16.3	finding quality candidates.
0:18.0	So start hiring right now with a $75 sponsored job credit to upgrade your job post at
0:23.8	Indeed.com slash Peter, offer valid through March 31st.
0:27.8	Today's podcast is also sponsored by Shopify.
0:31.8	Shopify is a platform designed for anyone to sell anywhere, giving entrepreneurs like
0:36.5	you the resources once reserved just for big businesses.
0:40.7	And right now you can get a free 14 day trial and full access to Shopify's entire suite
0:46.3	of features by going to Shopify.com slash gold.
0:50.9	I want to start off today's podcast by honoring the father of our country, General George
0:57.7	Washington, who was born 290 years ago today in Virginia.
1:05.2	Today is February 22nd and that is the day that George Washington was born.
1:11.8	And once upon a time in this country, we honored the father of our country and celebrated
1:18.5	the anniversary of his birth on the day of his birth.
1:22.3	But I forget when that changed.
1:24.2	But at some point we decided to move the holiday to the third Monday in February, which
1:31.4	would fall pretty close to Washington's actual birthday, but it would also allow Americans
1:37.6	to have a three day weekend because we want all of our federal holidays to fall on a
1:42.6	Monday or I guess they could fall on a Friday.
1:45.4	But the key is to have three days where you don't have to go to work.
	...

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