Peter Schiff and Tucker Carlson discuss how 2021 real inflation rate was the worst in US history and why it’s about to get much worse. Housing prices are soaring, production is tanking, energy prices are surging, and the cost of living is far outpacing wage growth.
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Bitcoin’s are shiny. I like shiny things.
Exactly they are lying to you making you think it’s not that bad..it’s worse than ur led to believe
So if we used the current CPI then inflation in 1980 would be ~5%. In other words, today we don't have the "highest inflation in 40 years" – it would be accurate to say we have the "highest inflation EVER." And it isn't even close.
Peter what can the middle lower class do to survive these times? Groceries and consumer staples in general are way too expensive.
Who told billionaires to raise the cost of goods and services? Did Biden "mandate" a raise in prices? Oh wait…the same people who've been pouring billions into lobbying AGAINST the American people and the ones who sat hiding like pathetic, weak, cowards while front line workers died by the millions for starvation wages. And the same people who feel entitled to SOCIALISM FOR THE RICH (Peter Pan LOVES his socialist payments that are well documented)!!! As a Marine Corps veteran, I am absolutely disgusted by irrational greed, MASS tax evasion/fraud by the 0.1% (parasite class), and an over inflated sense of entitlement using predatory business and investment practices. Your days of insulting, exploiting, and WILLFULLY hurting the American people will come to a violent, rapid end, IF YOU DON"T CHANGE YOUR ATTITUDES! World history makes the outcome of our current path VERY clear.
The HONORABLE, HARD WORKING, INTELLIGENT, MAJORITY of Americans are working together to make a MUCH needed "political correction"; as the primary election results made clear. The American people that PAY TAXES, ARE entitled to have their money be used for the best interest of the population. Study after study comparing the cost and benefits of giving rich people FREE MONEY, hurts society. Also, any company who makes a FREE WILL DECISION to pay LESS THAN a living wage that can cover the cost of a home, health care, healthy food, and access to education creates the NEED for social services in the first place.
The next time any of you cry about "socialism" while licking your lips for corporate welfare and participating in tax evasion, with no regard to the men and women who laid down their lives in combat to proved the social service "protection", do not expect any mercy from the American majority when you dues are ready to be paid. The Will of the People is the ONLY constraint any "representative" is supposed to use to guide their decision. And that simple "mechanic" hasn't happed for decades.
18 U.S. Code § 2385 – Advocating overthrow of Government. Whoever knowingly or willfully advocates, abets, advises, or teaches the duty, necessity, desirability, or propriety of overthrowing or destroying the government of the United States or the government of any State, Territory, District or Possession thereof, or the government of any political subdivision therein, by force or violence, or by the assassination of any officer of any such government; or
Whoever, with intent to cause the overthrow or destruction of any such government, prints, publishes, edits, issues, circulates, sells, distributes, or publicly displays any written or printed matter advocating, advising, or teaching the duty, necessity, desirability, or propriety of overthrowing or destroying any government in the United States by force or violence, or attempts to do so; or
Whoever organizes or helps or attempts to organize any society, group, or assembly of persons who teach, advocate, or encourage the overthrow or destruction of any such government by force or violence; or becomes or is a member of, or affiliates with, any such society, group, or assembly of persons, knowing the purposes thereof—
Shall be fined under this title or imprisoned not more than twenty years, or both, and shall be ineligible for employment by the United States or any department or agency thereof, for the five years next following his conviction.
If two or more persons conspire to commit any offense named in this section, each shall be fined under this title or imprisoned not more than twenty years, or both, and shall be ineligible for employment by the United States or any department or agency thereof, for the five years next following his conviction.
As used in this section, the terms “organizes” and “organize”, with respect to any society, group, or assembly of persons, include the recruiting of new members, the forming of new units, and the regrouping or expansion of existing clubs, classes, and other units of such society, group, or assembly of persons.
(June 25, 1948, ch. 645, 62 Stat. 808; July 24, 1956, ch. 678, § 2, 70 Stat. 623; Pub. L. 87–486, June 19, 1962, 76 Stat. 103; Pub. L. 103–322, title XXXIII, § 330016(1)(N), Sept. 13, 1994, 108 Stat. 2148.)
I really like Pete but the problem is he has been saying that we're just about to have a crisis for the past 13 years
Love that he ha you on.
Inflation is my fetish
"It's going to make the financial crisis of 2008 look like a Sunday school picnic" lol
Finally Peter is back on the Big Show…way to go Peter. Jim Cramer is the biggest idiot ….great job Peter
Schiff is a globalist communist just like the rest of his fellow Zionists.
Rigged economy terms like GDP and CPI are constantly changing on purpose. Don't bother to look to them. Just look around yourself how much your work hours let you buy a car, or a house or food or anything.
Peter and the wolf has been saying this for years . If you listened to him you missed this rally from 2017 till now . He keeps saying being wrong he''ll he's when / if it happens he'll say he's right . A broken clock is right twice a day .
Forget stagflation … Prepare fo dragflation.
Biden putting Americans through trials and tribulations.
LOL YOU GUYS ARE FUCKED
Peter Schiff is completely blind and ignorant if he thinks Bitcoin isn't a real asset. It's literally global digital transferrable energy with no central authority. It's by far the best "real" asset for the every day person, better than precious metals and property as it's easily transferrable and you can buy any amount.
Hyperinflation coming!
Teleprompter pro tip: no "T" in Schiff
All planned collapse. This is bigger than we think. It’s the Great Reset. Coming soon is a new world order and new world monetary standard.
Biden put the good puppet Powell back in for a second term to keep doing what he is doing. Try to hide the truth about the economy until after the 2022 mid term elections.
I’m moving almost all my savings into safer currency. Bitcoin , gold , silver ect…
Rent is too high!!
Fertilizer increased in price by 76% before the Dems took office. Couple this with the dramatic increase in gas price caused by the major error by Colonial Pipeline, and you have a situation ripe for hyper-inflation.
To prevent this natural economic event, either accept the free market and stop farmer welfare, or have a planned market.
True . . . Solid Assets are Needed … to Strengthen the Dollar .
Like . . . Bitcoin .
Heh Heh . . . Just Messing Around .
Small Business , Franchisee , Rentals , and Property . . . are a Hassel and a Focus Drainer .
True . . . Women want to Hang on a Man with These .
Crypto works Well for Single Adults .
Sigh . . . Time for Bed .
They give everyone a stimulus check, which is basically pennies, so they can blame entire problem on us. The fact that they gifted us a couple of pennies, which was our money to begin with, is the reason why everything collapsed, its all our fault, is what they are trying to set up I think. I think they need to hold us up long enough to get the digital currency up and running then collapse everything and force people onto their new savior, the digital dollar.
This inflation scare is nothing but an establishment generated bit of hysteria to prevent passage of even the gutted remains of the breadcrumbs for the poor plan. Karl Marx was 100 percent correct: the capitalist state cannot legislate for the good of the working class, only the ruling class. And we've seen that with the endless tax cuts for the rich, deregulation mania, and "infrastructure" spending that is simply going to privatize even more of the neoliberal landscape.
Just buy the things the people who own and run the western financial system are buying; stocks and real estate. My money may be worth way less today than it was last year but the stuff I own is worth waaaay more.
((sigh)) Same story over and over.
Gold, silver, crypto, fiat currency – they are all the same. They are all backed by the same thing: Value is collectively given to them by a group of people.
Think about it. Gold. I've read as much as 70% of gold is used for jewelry. How many resources(trucks, oil, gas, smelters, explosives, etc) are used to rape the earth of these tiny pieces of rare metal, then to use most of it to adorn themselves…stupid people. It's not even used for general commerce. No common sense!
Who wants to hold gold and silver? They’ve got to be the most unproductive unless asset.
You ain't seen nothing yet baby