The Government Shutdown Hides a Weak Economy Trump Can’t Fix - Ep 1044
The Peter Schiff Show Podcast
Peter Schiff
4.7 • 5.8K Ratings
🗓️ 4 October 2025
⏱️ 58 minutes
🧾️ Download transcript
Summary
Peter Schiff critiques the government shutdown's impact on economic data, dissects Trump's controversial drug pricing plans, and addresses misguided tariff policies.
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In this episode of The Peter Schiff Show, host Peter Schiff delves into the ongoing U.S. government shutdown and its implications for the economy. He discusses the troubling job market, highlighted by disappointing job reports, and offers insights into the rising trends in the gold and silver markets. Peter criticizes the government's response to economic challenges and addresses the controversial tariff policies introduced by former President Trump. He also tackles the impact of these policies on various industries, including pharmaceuticals and entertainment. Listeners can expect a candid analysis of the current economic landscape, emphasizing the importance of understanding real value in the face of inflation and government intervention.
Chapters:
00:00 Introduction and Opening Remarks
03:36 Government Shutdown and Its Implications
09:47 Economic Analysis: Jobs Report and Market Performance
15:34 Gold and Silver Market Insights
23:16 Upcoming Appearances and Conferences
28:11 Market Recap: Gold and Silver Trends
29:21 Pharmaceutical Stocks Surge Amid Trump's Drug Price Plan
32:41 Trump's Controversial Tariff Policies
37:34 The Movie Tariff Proposal: A Misunderstanding of Tariffs
48:12 The Hypocrisy of Hollywood's Capitalism Critique
54:43 Conclusion and Announcements
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Transcript
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| 0:00.0 | You make no friends in the pits and you take no prisoners. |
| 0:05.0 | One minute, you're up half a million in soybeans and the next boom. |
| 0:07.4 | Your kids don't go to college and they've repossessed your Bentley. |
| 0:09.3 | Are you with me? |
| 0:10.0 | The revolution starts now. |
| 0:12.3 | Starts now. |
| 0:13.7 | We have to pass the bill so that you can find out what is in it. |
| 0:17.9 | Turn those machines back on. |
| 0:20.2 | You are about to enter The Peter Schiff's show. |
| 0:23.8 | Show me the money! |
| 0:25.6 | If we lose freedom here, there's no place to escape to. |
| 0:28.2 | This is the last stand on Earth. |
| 0:29.6 | The Peter Schiff Show is on. |
| 0:31.5 | I don't know when they decided that they wanted to make a virtue out of selfishness. |
| 0:35.4 | Your money. |
| 0:36.5 | Your stories. |
| 0:40.3 | Your freedom. The Peter Schiff Show. Welcome everybody to another live Peter Schiff Show podcast. |
| 1:00.0 | This is day three of the U.S. government shutdown. |
| 1:05.7 | But before I get into this podcast, I just want to prepare everybody just in case I grimace in pain, |
| 1:12.6 | you know, just randomly throughout the podcast. Maybe I, you know, I make a noise or something |
| 1:18.7 | just so you know what's going on. About an hour ago, I clumsily tripped over my computer |
| 1:26.4 | cord. I got up off my sofa in the family room and I walked |
... |
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