Episode #445

Peter Schiff

· 2 books mentioned

Books mentioned

Timestamps are segment start times from the podscripts.co transcript of the audio release (includes ad reads), so they may differ from the video by a few minutes.

Peter Schiff, an investment broker and CEO of Euro Pacific Capital, joins the show to discuss free-market economics. The conversation covers government intervention, central banking, and crony capitalism, along with environmental regulation, fracking, and monetary policy. Schiff argues that these interventions cause financial crises and that market forces, not mandates, offer better solutions.

What they talked about

  • Government vs free markets in financial crises
  • Regulation and environmental disasters
  • Occupational licensing and its impact on the poor
  • Minimum wage and unemployment
  • Social Security as a pyramid scheme
  • Critique of the Federal Reserve and fiat money
  • Bitcoin as a flawed alternative currency
  • Gold's historical role as money

Episode sources