meta_pixel
Tapesearch Logo
Log in
The Peter Schiff Show Podcast

Trump Wants to Buy an Airline With Your Money — This Is Not Capitalism

The Peter Schiff Show Podcast

Peter Schiff

Business, Politics, News, Business News, Investing

4.65.9K Ratings

🗓️ 30 April 2026

⏱️ 89 minutes

🧾️ Download transcript

Summary

Trump wants to buy Spirit Airlines at bankruptcy with taxpayer money to "save jobs." That's not capitalism — that's Bernie Sanders with a red tie.


- Today’s podcasts is sponsored by Pebl. Go to http://hipebl.ai to get a free estimate.

- Today’s podcast is also sponsored by NetSuite. Download Netsuite’s free business guide, Demystifying AI, at https://netsuite.com/gold


Jerome Powell's final press conference as Fed Chair featured a claim that inflation was "under control" for 40 years before the pandemic — a statement Peter Schiff demolishes decade by decade, showing average CPI of 5.5% in the 1980s, 3% in the 1990s, and 2.6% in the 2000s, with only the post-crisis 2010s anywhere near the 2% target.


The Fed held rates at 3.5% while oil surged past $108 WTI and $120 Brent, bond yields pushed back toward post-Liberation Day highs with the 30-year hitting 5%, and four FOMC members dissented on the dovish bias. Powell announced he'll stay on the board to protect "Fed independence," but Schiff argues he'll be irrelevant. The episode also covers Trump's plan to buy Spirit Airlines at bankruptcy — proof he doesn't understand capitalism — Michael Saylor's Bitcoin conference keynote pushing Stretch preferred stock as a thinly veiled Ponzi, and explosive IRS FOIA documents proving the agency collaborated with Puerto Rico's SIF to shut down Euro Pacific Bank as a PR stunt, with every email focused on publicity strategy rather than any actual wrongdoing.


Chapters:

00:00 Cold Open Montage

00:58 Fed Holds Rates

02:47 Powell Stays On

05:07 Fed Independence Debate

06:17 Inflation Mandate Critique

09:38 Reporters And Data

11:04 Decades Of CPI Reality

15:01 Ad Break Pebble

16:43 Powell On His Record

20:04 Inflation Fire Economy Weak

21:59 Oil Yields And Markets

27:18 Gold Silver And EPAM Pitch

29:15 Ad Break NetSuite

31:05 Trump Spirit Bailout

34:10 Bitcoin Conference Reality Check

37:21 Saylor Stretch Digital Credit

39:44 Ponzi Claims And Warning

42:57 Yield Over Bitcoin

43:26 IRS FOIA Fight

45:58 Explosive Email Evidence

47:02 Debanking Timeline

49:55 SIF Findings Breakdown

57:42 PR Motive Revealed

01:06:47 Press Conference Coordination

01:16:43 Why This Matters

01:20:08 Puerto Rico Potential

01:25:12 Final Call To Action


Follow @peterschiff

X: https://twitter.com/peterschiff

Instagram: https://instagram.com/peterschiff

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

Facebook: https://facebook.com/peterschiff


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

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

Sign up for Peter's most valuable insights at https://schiffsovereign.com

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


#PeterSchiffShow #FederalReserve #Inflation



Our Sponsors:
* Check out Chilipad and use my code sleep.me/GOLD for a great deal: https://sleep.me
* Check out DBJourney and use my code Schiff15 for a great deal: https://dbjourney.com
* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com
* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai
* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com
* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com
* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com


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

Transcript

Click on a timestamp to play from that location

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 and soybeans and the next boom.

0:07.4

Your kids don't go to college and they've repossessed your vent.

0:09.3

Are you with me?

0:10.0

The revolution starts now.

0:12.4

Starts now.

0:13.6

We have to pass the bill so that you can find out what is in it.

0:17.9

Turn those machines back on.

0:20.3

You are about to enter The Peter Schiff Show.

0:23.8

Show.

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.

0:31.6

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.

0:37.8

Your freedom. The Peter Sch Your stories. Your freedom.

0:38.8

The Peter Schiff Show podcast.

1:01.9

And earlier today, Fed Chair Jerome Powell chaired his last Federal Reserve conference. And prior to that conference, about a half

1:15.4

hour before, the Fed Reserve made an announcement that surprised nobody and left the Fed

1:24.6

funds rate unchanged at three and a half and between, you know, it's a, it's a range

1:30.1

between three to half and three and three quarters percent. Now, what might have surprised

...

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 2026.