Trump Administration Planning to Hijack the Fed - The Peter Schiff Show Ep 1037

The Peter Schiff Show Podcast

Peter Schiff

Business, Politics, Business News, Investing, News

4.7 • 5.8K Ratings

🗓️ 22 August 2025

⏱️ 66 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Peter Schiff is joined by James Hickman, a.k.a. Simon Black of Sovereign Man, to discuss the U.S. debt crisis, the Federal Reserve’s future, and why America may be headed toward a sovereign debt and dollar collapse.

This episode is sponsored by NetSuite.

Download the free “CFO’s Guide to AI and Machine Learning” at https://netsuite.com/gold

In this special edition of The Peter Schiff Show, Peter welcomes longtime friend and entrepreneur James Hickman, best known by his pen name Simon Black. Together, they dive into the launch of their new joint project Schiff Sovereign, the growing U.S. debt disaster, and the Trump administration’s controversial plan to take control of the Federal Reserve.

00:00 Introduction and Special Guest Announcement

02:34 James Hickman: The Man Behind Simon Black

04:01 The Birth of Schiff Sovereign

05:27 Introducing James to the Audience

09:01 The US Debt Crisis Unveiled

14:25 Historical Context and Interest Rates

21:21 The Fed's Role and Future Challenges

25:41 Trump Administration's Plan for the Fed

25:52 Money Heist: A Metaphor for the Fed

30:03 Economic Data Manipulation

30:59 Control of the Central Bank

31:20 Unusual Resignation at the Fed

32:35 Political Influence on the Fed

34:24 Mortgage Fraud Scandal

36:26 Implications of Rate Cuts

36:58 Treasury Strategies and Debt Refinancing

40:14 Stablecoins and the Genius Act

49:46 Historical Context and Future Predictions

50:25 Fannie Mae and Freddie Mac

01:02:43 Concluding Thoughts and Future Podcasts

Follow @peterschiff

X: https://twitter.com/peterschiff

Instagram: https://instagram.com/peterschiff

TikTok: https://tiktok.com/@peterschiffofficial

Facebook: https://facebook.com/peterschiff

Schiff Gold News: https://www.schiffgold.com/news

Free Reports & Market Updates: https://www.europac.com

Book Store: https://schiffradio.com/books

#federalreserve #debtcrisis #dollarcollapse #economy

Our Sponsors:
* Check out Boll & Branch: https://bollandbranch.com/SCHIFF

Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

Click on a timestamp to play from that location

0:00.0	Make no friends in the pits and you take no prisoners.
0:05.1	One minute, you're up half a million in soybeans and the next boom.
0:07.5	Your kids don't go to college and they've repossessed your Bentley.
0:09.4	Are you with me?
0:10.1	The revolution starts now.
0:12.4	Starts now.
0:13.7	We have to pass the bill so that you can find out what is in it.
0:18.0	Turn those machines back on.
0:20.3	You are about to enter The Peter Schiff Show.
0:23.9	Show me the money!
0:25.7	If we lose freedom here, there's no place to escape to.
0:28.3	This is the last stand on Earth.
0:29.7	The Peter Schiff Show is on.
0:31.7	I don't know when they decided that they wanted to make a virtue out of selfishness.
0:35.5	Your money.
0:36.6	Your stories.
0:40.3	Your freedom. The Peter Sh Peter Schiff's show.
1:11.5	Welcome everybody. This is a special edition of the Peter Schiff Show podcast. The reason it's special is I've got a special guest. You see somebody sitting next to me. This young man's name is James Hickman. Some of you may have known him by his pen name, Simon Black.
1:13.7	That's how I originally met James.
1:18.2	I was calling him Simon for years, even after I knew that his real name was James.
1:21.8	It took me a long time before I could call him James because he was Simon.
1:28.0	But he had a newsletter that I used to read and a lot of, you know, some of my followers used to read.
	...

Transcript will be available on the free plan in 17 days. Upgrade to see the full transcript now.

Previous episode | Next episode

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.