Glenn Diesen - Greater Eurasia Podcast

Peter Schiff: "A Debt & Dollar Crisis is Inevitable"

13 snips
Dec 18, 2025
Peter Schiff, CEO of Euro Pacific Asset Management and host of his own show, shares insights on the looming debt and dollar crisis. He critiques Trump-era economic policies, emphasizing their role in rising inflation. Schiff argues that inflation is essentially a hidden tax, eroding purchasing power, and warns that traditional measurements understate reality. He advocates for investing in real assets and precious metals as safeguards against the coming crisis, while cautioning about vulnerable asset bubbles like tech stocks and housing.
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INSIGHT

Trumponomics Fueled Broad Inflation

  • Peter Schiff argues Trump-era policies helped create today's inflation by increasing deficits and printing money.
  • He says Trumponomics mirrors Bidenomics with big deficits, Fed pressure, and asset-bubble support.
ADVICE

Cut Spending And Stop Pushing The Fed

  • Fire bad economic advisers and cut government spending, including entitlements.
  • Stop tariffs and pick a Fed chair who will allow higher rates rather than push for more rate cuts.
INSIGHT

Gold Signals An Inevitable Dollar Crisis

  • Schiff says a sovereign debt and dollar crisis is inevitable and already signaled by precious metals.
  • He treats gold and silver strength as an early-warning indicator of an approaching dollar collapse.
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