Peter Schiff on the dollar: America's bust is the world's boom

Описание: Michael Simmons speaks to American economist Peter Schiff about the surge in gold prices, the weakness of the US dollar and why he believes the next major economic crisis is approaching. Schiff argues that recent dips in precious metals are a buying opportunity, warns that years of low interest rates and money printing have created a 'bubble economy' and explains why he thinks cryptocurrencies are 'speculative mania'.

// CHAPTERS
00:00 Introduction
00:46 Is it too late to buy gold?
01:43 How high could gold prices go?
03:28 Schiff’s long-term bet on gold
04:45 The Fed’s “mistakes” and money printing
05:52 Is the crisis worse in America?
07:10 How close is a dollar crisis?
08:06 Does the administration want a weak dollar?
09:32 Is there a floor for the dollar?
11:07 What should governments do?
11:57 Would Russia benefit from a gold surge?
12:45 Why Schiff distrusts crypto investors
14:28 Will Bitcoin recover?
15:50 Should investors switch from Bitcoin to gold?
16:26 Could private money replace the Fed?

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