2min chapter

The Pomp Podcast cover image

#1206 BREAKING: Peter Schiff Is Now A Bitcoiner

The Pomp Podcast

CHAPTER

The Risks of a Sovereign Debt Crisis

The dollar is imploding in value. The cost of living is skyrocketing. Then what does the government do? Well, then they impose price controls and exchange controls. And then you end up with shortages. You end up with black markets. So a lot of this stuff is going to happen as a result of the fact that politicians do not want to accept this responsibility for what they've done level with the public.

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