206 | Peter Schiff | The Death Of The U.S. Dollar And What You Can Do About It

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What should you own if the U S dollar collapses Peter Schiff a prominent economist and financial commentator has long been critical of the monetary policies of the United States and expresses concerns about the long-term viability of the U S dollar He points out the unsustainable nature of the U S national debt and emphasizes that the growing levels of indebtedness pose a serious threat to the dollar s long-term strength He argues that the U S government s persistent budget deficits coupled with its reliance on borrowing from foreign entities weaken the dollar s status as a trusted reserve currency To protect against the potential death of the U S dollar Peter consistently recommends diversifying investments into tangible assets such as gold and other precious metals He believes that holding physical assets with intrinsic value can serve as a safeguard against the potential devaluation of fiat currencies including the U S dollar In this episode Darius and Peter dive deeper into topics related to economics finance and investing They talk about the economic outlook Bitcoin and Cryptocurrencies and the merits of investing in precious metals as a hedge against inflation and financial uncertainty Topics include What could possibly replace the U S dollar as the world reserve currency Differences between real gold and fake gold Bitcoin Why gold is a better store of value than Bitcoin Peter shares his take on the current banking crisis The impact of higher Federal interest rates on banks Helpful tips to prepare for rising inflation And other topics Connect with Peter Twitter https twitter com PeterSchiff YouTube https www youtube com channel UCIjuLiLHdFxYtFmWlbTGQRQ Instagram https www instagram com peterschiff Facebook https www facebook com PeterSchiff TikTok https www tiktok com peterschiffofficial Connect with Darius Website https therealdarius com Linkedin https www linkedin com in dariusmirshahzadeh Instagram https www instagram com whoompdarius YouTube https therealdarius com youtube Book The Core Value Equation https www amazon com Core-Value-Equation-Framework-Limitless dp 1544506708 Learn more about your ad choices Visit megaphone fm adchoices

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