AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
353. The US Dollar Might Collapse | Peter Schiff
The Jordan B. Peterson Podcast
The Problem With the Gold Standard
When we were on a gold standard, if governments wanted to spend money, they needed gold. It was an honest system and it was disciplined on politicians. Now the politicians don't want to be disciplined any more than teenagers want to chaperone at the problem. They want to do a lot of stuff that the chaperone won't allow. To your point about individual prices, you can't confuse prices individually. We'll go up and down based on the supply and demand.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode