The Ultimate Guide to Surviving Hyperinflation (Do This NOW!) | Peter Schiff - PT 1

Tom Bilyeu's Impact Theory

Impact Theory

Education, News, News Commentary, Philosophy, Technology, Society & Culture, Business, Self-improvement

4.7 • 5.1K Ratings

🗓️ 10 September 2024

⏱️ 76 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this episode of Impact Theory with Tom Bilyeu, we welcome renowned economist and financial commentator Peter Schiff. Dive into an eye-opening discussion as Peter lays out his predictions for the U.S. political landscape, including the potential influence of Robert Kennedy Jr.'s support for Trump and the future of Kamala Harris amidst economic turmoil. Schiff critically analyzes the nation's economic policies, tackling inflation, Social Security, government's role, and the controversial impact of illegal immigrant votes on elections. He warns about the looming economic crises, discussing hyperinflation, the devaluation of the U.S. dollar, and the shift towards a gold standard. Peter also shares investment strategies to safeguard assets during turbulent times, emphasizing the importance of owning physical gold and foreign investments. This episode is packed with insights on the potential collapse of the service sector, the dangers of endless government deficits, and the historical context of voting rights. Tom Bilyeu challenges Schiff's viewpoints, making for a spirited and thought-provoking dialogue. Don't miss out on this in-depth analysis of the current economic and political climate as Peter Schiff sheds light on what lies ahead for America. SHOWNOTES 00:00 Government manipulates inflation numbers to increase spending. 17:40 Politicians use inflation to avoid honest default. 30:14 Analyzing argument by mapping human flourishing. 33:26 Honesty, debt reduction, enhanced productivity through AI. 44:42 Public treasuries burden current expenses, dollar outlook. 53:13 Harris claims success, promises change, questions arise. 01:07:48 Voter ID laws and eligibility for voting. CHECK OUT OUR SPONSORS Netsuite: Download the CFO’s Guide to AI and Machine Learning for free at https://impacttheory.co/netsuiteITsept Range Rover: Explore the Range Rover Sport at https://impacttheory.co/rangeroverITpodsept Navage: Get a cleaning kit as a FREE gift with your order, but only by going to https://impacttheory.co/navageITpodsept24 Shopify: Sign up for a $1/month trial period at https://impacttheory.co/shopifyITpodsept ZBiotics: Head to https://impacttheory.co/zbioticsITseptpod and use the code IMPACT at checkout for 15% off. Found Banking: Sign up for Found for FREE today at https://impacttheory.co/foundITpodSept Betterhelp: This episode is sponsored by BetterHelp. Give online therapy a try at https://betterhelp.com/impacttheory and get 10% off your first month. AG1: Get 5 free AG1 Travel Packs and a FREE 1 year supply of Vitamin D with your first purchase at https://www.drinkag1.com/impact Aura: Secure your digital life with proactive protection for your assets, identity, family, and tech – Go to https://aura.com/impact to start your free two-week trial. FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu What's up, everybody? It's Tom Bilyeu here. If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu’s Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. LISTEN AD FREE + BONUS EPISODES on APPLE PODCASTS: apple.co/impacttheory Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	What's
0:05.0	mindset play-biliu here? If you're serious about leveling up your life, I urge you to check out my new podcast,
0:07.0	Tom Biliu's Mindset Playbook.
0:09.0	It is a gold mind of my most impactful episodes on mindset, business, and health. Trust me, your future
0:15.8	self will thank you. I'm Tom Biliu and this is Impact Theory. I believe we're standing
0:21.9	in the brink of some serious economic
0:24.4	upheaval and that's not me trying to be negative that is me trying to look at the way
0:28.7	that history loops. But there is good news with the right and strategies, we can navigate these turbulent times well.
0:36.0	Today, we're tackling some of the most pressing issues that could shape the future of our economy and quite frankly our entire way of life.
0:42.0	To help us understand what's really
0:44.1	going on behind the scenes with power brokers and the structure of our economic
0:48.0	system and what we can do about it I've brought in a guest who isn't afraid
0:52.3	to say the hard truths.
0:54.0	He's here to shine a light on everything from the risks of a collapsing dollar
0:58.0	to the actionable strategies you can take to secure your financial future.
1:02.0	This isn't just about opinions, this is about real practical advice
1:05.2	that you can use to protect yourself and your loved ones.
1:07.8	Unfortunately, the way our monetary system is structured, you are forced
1:11.4	to become a gambler in order to beat inflation.
1:14.3	So if you're ready to unravel the complexities of our current economic landscape and
1:18.9	arm yourself with the useful insights you need to thrive, you do not want to miss this conversation help me in
1:24.6	welcoming Peter Schiff.
	...

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