Tom Bilyeu's Impact Theory

Peter Schiff vs Raoul Pal Debate: Bitcoin Going To $0 or $1 Million & A Great Depression Coming? PT 2

Mar 13, 2024
In this riveting debate, Peter Schiff, a global macro investor famous for his critical views on Bitcoin, faces off against Raoul Pal, CEO of Real Vision and crypto expert. They tackle the daunting national debt and the risk of hyperinflation, contrasting investment strategies in gold and cryptocurrencies. The discussion also delves into the implications of blockchain technology, historical financial patterns, and the future of Social Security. Their clash of ideas offers a fascinating glimpse into the realities of today's economic landscape.
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INSIGHT

Debt Crisis Imminent

  • The US debt is unsustainable, exceeding $34 trillion with $12 trillion maturing soon.
  • Interest payments will soon surpass tax revenue, signaling a potential crisis.
INSIGHT

Hidden Inflation Tax

  • Currency debasement of 15% yearly is a hidden tax on wealth.
  • It's easier than a politically unacceptable 15% tax hike to address debt.
ADVICE

Business Scaling Tips

  • Focus on efficiency when scaling your business using all-in-one platforms like Squarespace.
  • Customize templates, engage your audience, and analyze performance with built-in analytics.
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