Thanksgiving: How Capitalism Saved America From Socialism – Ep 754
The Peter Schiff Show Podcast
Peter Schiff
4.7 • 5.8K Ratings
🗓️ 25 November 2021
⏱️ 62 minutes
🧾️ Download transcript
Summary
* 2021 marks the most expensive Thanksgiving dinner ever.
* Oil companies can’t pump oil as fast as the Fed can print money.
* Pilgrims set sail for Communism, but landed on Capitalism.
* Desperate Americans look to crypto as a ticket to wealth.
* Bitcoin is fiat and people will lose faith in it like other fiats.
* Alex Mashinsky of Celsius tells desperate Americans to take out loans to buy Bitcoin.
* CNBC hosts an hour-long special shilling Bitcoin.
* Cathie Woods is bullish on Bitcoin, but expects deflation.
* Wherever inflation starts, it always ends up at the supermarket.
* Fed can’t fight inflation and bail out the housing market at the same time.
* Even Fed’s preferred data shows they are miles above their inflation target.
One-of-a-kind financing program at https://netsuite.com/gold
Go to https://shopify.com/gold for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features.
INVEST LIKE ME: https://schiffradio.com/invest
RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/
SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/
Schiff Gold News: http://www.SchiffGold.com/news
Buy my newest book at http://www.tinyurl.com/RealCrash
Follow me on Facebook: http://www.Facebook.com/PeterSchiff
Follow me on Twitter: http://www.Twitter.com/PeterSchiff
Follow me on Instagram: https://Instagram.com/PeterSchiff Privacy & Opt-Out: https://redcircle.com/privacy
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The Peter Ships Show. |
| 0:09.0 | Today's podcast is sponsored by NetSuite, the business management software that handles |
| 0:14.0 | every aspect of your business in an easy-to-use cloud platform. |
| 0:18.4 | Over 27,000 businesses already use NetSuite and right now through the end of the year, |
| 0:24.3 | NetSuite is offering a one-of-a-kind financial program to those ready to upgrade at NetSuite.com |
| 0:29.9 | slash goal. |
| 0:30.9 | Today's podcast is also sponsored by Shopify. |
| 0:34.9 | Shopify is a platform designed for anyone to sell anywhere. |
| 0:39.1 | Giving entrepreneurs like myself the resources once reserved exclusively for big business. |
| 0:45.0 | For a free 14-day trial and full access to Shopify's entire suite of features, go to |
| 0:50.6 | shopify.com slash goal. |
| 0:53.4 | I want to wish all of my listeners a happy Thanksgiving as we begin the holiday season |
| 1:00.2 | US stock market is of course closed today to allow Americans to observe the Thanksgiving |
| 1:06.7 | holiday, which unfortunately for many Americans is going to be the most expensive Thanksgiving |
| 1:13.7 | ever. |
| 1:14.9 | Forget about how much it costs to get to your Thanksgiving dinner if you have to travel, |
| 1:20.2 | but just if you look at the cost of the meal alone, even the government admits that |
| 1:26.8 | prices are up 5% over the past year, making this officially the most expensive Thanksgiving |
| 1:34.0 | dinner ever. |
| 1:35.6 | But if you take a look at the data from the American Farm Bureau Federation, which is |
| 1:40.8 | probably far more accurate because this is a private company that represents the farming |
| 1:46.8 | industry. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Peter Schiff, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Peter Schiff and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.