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Peter Schiff: Gold Will Replace U.S. Dollar As Neutral Reserve Asset (But He Has His Own Strategic Bitcoin Reserve)

Coin Stories

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The Perils of Debt and Inflation

This chapter explores the unsustainable reliance on debt in the U.S. economy, discussing the risks posed by international creditors and shifting global trade dynamics. It highlights the impact of government spending and inflation on the working class while advocating for reduced government involvement to alleviate economic struggles. Additionally, the discussion touches on the complexities of returning to a gold standard and the implications of quantitative easing amidst rising interest rates.

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