Bitcoin & Markets Gold vs Bitcoin Debate Reaction, with Peter Schiff and Robert Breedlove - E424
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Dec 20, 2024 
In this engaging discussion, Peter Schiff, host of the Peter Schiff Show and gold advocate, faces off against Robert Breedlove, a Bitcoin enthusiast and author. They dive into the intricacies of inflation, the implications of quantitative easing, and the contrasting nature of fiat currency. The debate heats up as they analyze gold's historical significance versus Bitcoin's modern promise. Both guests share their insights on money’s evolution and the future role of digital currencies, sparking thought-provoking perspectives on our economic landscape.
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Inflation and Deflation Defined
- Inflation is an expansion of the money supply.
- Deflation is a contraction of the money supply.
QE: Not Money Printing
- QE is not money printing, but an asset swap.
- Treasuries are exchanged for less useful reserves at the Fed.
Inflation and Price Changes
- Inflation doesn't always cause prices to rise; it can cause some prices to fall.
- The relationship between inflation and prices is complex.