Soaking the rich will drown everyone else – Ep 611
The Peter Schiff Show Podcast
Peter Schiff
4.6 • 5.9K Ratings
🗓️ 16 September 2020
⏱️ 69 minutes
🧾️ Download transcript
Summary
Fed doesn’t think Americans are in enough pain.
Education and healthcare are too important for the government to be involved in.
Biden pledges to nationalize corporate America.
The road to serfdom is better than the road we’re on now.
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Transcript
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| 0:00.0 | The Peter Schiff Show. |
| 0:09.0 | Today's episode of the Peter Schiff Show Podcast is sponsored by ExpressVPN. |
| 0:15.1 | ExpressVPN was the first official sponsor for the Peter Schiff Show Podcast. |
| 0:20.2 | We have added a few some more on the way, but I want to thank ExpressVPN for supporting |
| 0:26.8 | the Peter Schiff Show Podcast. |
| 0:28.7 | You probably don't think much about internet privacy on your own home network, but ExpressVPN |
| 0:34.3 | will secure your privacy and protect your information. |
| 0:38.4 | Visit expressvpn.com slash gold, and you can get an extra three months free on your one |
| 0:45.3 | year subscription package. |
| 0:47.7 | Well, I want to start off the podcast, though, by talking about what none of the politicians |
| 0:53.8 | want to talk about, none of the secretaries of the treasury want to talk about either |
| 0:58.8 | the current or the prior, because I was watching on CNPC on Friday. |
| 1:07.6 | And Stephen Mnuchin, the current secretary of the treasury, was talking about why we need |
| 1:17.0 | more economic stimulus and why now is not the time to worry about the deficits. |
| 1:23.3 | And then I heard Jack Lou, just like an hour ago today on CNBC, he was a former secretary |
| 1:32.4 | of the treasury, and he's saying the same thing, right, that now is not the time to be worried |
| 1:37.5 | about the deficits. |
| 1:39.0 | We need to stimulate the economy and the government needs to spend more money and we need to borrow |
| 1:44.8 | the money. |
| 1:46.2 | And you know, the economy has been weakened by COVID. |
| 1:49.7 | We have all these unemployed people. |
| 1:52.8 | We can't afford to worry about the deficit or do anything about the deficit now. |
... |
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