The Government Is Not Being Honest About Inflation

Рет қаралды 86,037

7 ай бұрын

OAN's REAL AMERICA -- Dan Ball W/ Peter Schiff
Recorded 10/5/23
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Пікірлер: 669

@Rochelletrem 6 ай бұрын

We all know that prices of almost everything aren’t coming down. Simply put, they're rising less. Costs are rising due to rising inflation. As we are evidently at the verge of hyperinflation, with the less haves bearing the brunt of the burden. I'm more concerned that the rising inflation may lead my entire $990k retirement funds to lose value. Where else could we put our cash?

@Jessicahensley. 6 ай бұрын

I would say the fin-market, but it is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on any shares/ETF you focus on.

@AbdoolLogodesign 6 ай бұрын

Well, since COVID, it has become more difficult to create a strong financial portfolio, I advise you to create a diversification strategy. My coworker advised me to see a consultant. I did, and because to my advisor's assistance throughout this market fall, I actually gained almost $926K in profits. Despite the ups and downs, she employs defensive methods to safeguard my portfolio and generate gains.

@ilyaveysman. 6 ай бұрын

@@AbdoolLogodesign I’ve actually been looking to switch to an advisor for a while now. Just never made up my mind. Any help pointing me to who your advisor is?

@AbdoolLogodesign 6 ай бұрын

I encountered Julie Anne Hoover through my wife, and I emailed her. She is guiding me. Since then, she has given me chances to buy and sell the stocks in which I'm interested in. You can hunt her up online if you require care supervision.

@ilyaveysman. 6 ай бұрын

@@AbdoolLogodesign Appreciate this recommendation, hopefully I can get some insight to where the economy is headed and strategies to beat inflation with when I hear back from Julie .

@Nernst96 7 ай бұрын

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

@sattler96 7 ай бұрын

Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680k savings vanish after putting in so much effort to accumulate them.

@Dannyholt33 7 ай бұрын

Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals

@mikeroper353 7 ай бұрын

Yes true, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

@mcintyre1 7 ай бұрын

@@mikeroper353 I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

@mikeroper353 7 ай бұрын

There are a lot of independent advisors you might look into. But i work with “Vivian Carol Gioia” and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her

@LupeBaptista 7 ай бұрын

The recession is here, mortgage rates still on the rise with higher imports and lower exports, yet the Fed is to lessen cost. Where do investors look at now for wealth gains? Something will eventually break if they keep raising interests and quantitative tightening.

@valentinaarrelaro 7 ай бұрын

IMO, when we go into recession, tech will do poorly as a sector considering what's going on in the world, while defense stocks should be doing good, but always do your own research, or speak to a valid advisor before investing your money

@heatherholdings 7 ай бұрын

@@valentinaarrelaroAgreed, I've always delegated my excesses to a professional, ever since suffering major portfolio steep-down amid rona-outbreak late 2019. As of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments, and only work 7.5 hours a week.

@heatherholdings 7 ай бұрын

@@CoeFeresPersonally, I have my portfolio overseen by a Montana-based wealth advisor 'Katherine Nance Dietz' she's well qualified and established, you'd most likely find her basic info online.

@brooms4142 7 ай бұрын

@@heatherholdings thanks for sharing... curiously inputted her full name on my browser, found her site ranked top, no-sweat, and skimmed through her credentials, she actually shows a great deal of expertise

@gingerkilkus 7 ай бұрын

Since Biden took office, there seem to have been more unfavorable results in America. My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US.

@leojack9090 7 ай бұрын

Inflation can have a significant impact on individuals and their cost of living. As a result, it can cause negative market sentiment. It is important for individuals and businesses to find ways to navigate and potentially mitigate the effects of inflation on their finances. The current economic climate, including underperformance of financial markets due to fear of inflation, has led to a decrease in the value of my portfolio. I would appreciate any recommendations on how to potentially increase returns during this market downturn.

@TomD226 7 ай бұрын

Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up $450k within 2 years, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.

@lowcostfresh2266 7 ай бұрын

@@TomD226 This is exactly how i wish to get my finances coordinated ahead of retirement. Can I get access to your advisor?

@TomD226 7 ай бұрын

@lowcostfresh2266 It’s a She actually, Laurel Dell Sroufe I initially came across her on a CNBC news report then on smartadvisors and I decided to hit her up. Best decision I made to stay afloat 2020.

@fadhshf 7 ай бұрын

@@TomD226 Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

@Bradleyschaeffer376 7 ай бұрын

It's been a rough year with losses from failed banks and government, real estate crashes, a struggling economy, and downturns in stocks and dividends. It feels like everything has been going wrong. What a terrible year it is…

@GaryWinstonBrown 7 ай бұрын

A financial professional you work with could really prepare you for life. I'm glad I was able to get in touch with my coach Samuel Peter Descovich earlier this year because I was actively cashing out from my portfolio and finally earned over 370k just in the first quarter while everyone else was complaining about the downturn.Samuel Peter Descovich helped pay down our debt and save up for retirement.

@Seanmirrer 7 ай бұрын

That is why I work with Samuel Peter Descovich, who introduced me to a better Financial community, a verified agency where I learned how money works and how to create it, as well as free books, courses, and daily lectures. You also get to meet new people, which was the best decision I ever made.

@Bradleyschaeffer376 7 ай бұрын

Thank you so much for the advice. Your coach was simple to discover online. I did my research on him before I scheduled our phone call. he appears knowledgeable based on his online resume.

@RandalHebert 7 ай бұрын

Samuel Peter Descovich is the go-to financial advisor during market turmoil. With his expertise, I made over $220K, revealing hidden market opportunities. Having an investment counselor is crucial, especially for those nearing retirement.

@PennyBurdick318 7 ай бұрын

I found his extraordinary resume when I searched for his name on Google. I count it a gift that I went over this remark

@MarvishaN 7 ай бұрын

No, the Government is definitely not being honest about inflation. Anyone purchasing groceries or gasoline is well aware that real inflation is much over 10%; they simply lie about it like cheap blankets. In reality, interest rates would be in the 20s because of how high inflation is. My major concern is despite the high rate of inflation, certain investors continue to earn over $365,000. Wish I could accomplish that.

@tommyers0 7 ай бұрын

Very possible! Particularly in this weak market. There are several opportunities to generate excellent returns, but such intricate transactions can only be carried out by seasoned market professionals.

@georgeh.5126 7 ай бұрын

@tommyers I agree. Based on personal experience working with an investment advlsor, I currently have $985k in a well-diversified portfollo that has experienced exponential growth. It's not only about having money to invest in st0cks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

@aureliobjm 7 ай бұрын

@georgeh Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems.

@georgeh.5126 7 ай бұрын

@gatesbev HEATHER LEE LARIONI guides me. She works with Empower FinanciaI services. But there are a lot of independent advisors you might look into. For me, her strategy works hence my result. She provides entry and exit point for the securities I focus on

@aureliobjm 7 ай бұрын

@georgeh She appears to be well-educated and well-read. She seems proficient considering her résumé. I ran a Google search on her name and came across her website; thank you for sharing.

@kelvinjohnson4 7 ай бұрын

Inflation has torn into global markets, with investors ripping up their forecasts for further rises in interest rates and dumping bank stocks around the world. I'm at a crossroads deciding if to liquidate my dipping 200k stock portfolio, what’s the best way to take advantage of this bear market?

@LionTowercoporation 7 ай бұрын

I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $850k with the help of my advisor from an initial $120k investment.

@KelvinWallace 7 ай бұрын

@@LionTowercoporation I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?

@LionTowercoporation 7 ай бұрын

Haha. I definitely share your sentiment about the markets. When I was starting out, I checked out a couple of freelance investors online, so you could do the same. I personally work with “Colleen Janie Towe, and she's really good.

@KelvinWallace 7 ай бұрын

@@LionTowercoporation Insightful... I curiously looked up her name on the internet and I found her site, thanks for sharing

@turkrane12 7 ай бұрын

The government is not being honest about everything

@MooseBme 7 ай бұрын

... *ANYTHING ;)!

@KingKing-cj4nu 7 ай бұрын

The truth is The government is an employee The employer is WALLSTEET

@pardone8932 7 ай бұрын

Anything

@drumyogi9281 7 ай бұрын

@@KingKing-cj4nuWall Street? Lol S&P 500 is in the garbage except a few stocks.

@Ziegfried82 7 ай бұрын

They are an empire of lies.

@johnburdick3773 7 ай бұрын

You are correct. Real inflation is far higher. My commercial lease increased over 100% at renewal after annual 2% increases over its term. Wages I paid went up 70% over a few years just to retain employees. Real estate taxes have gone up 19% in past two years. My home insurance has gone up 42% over past two years. Our commonly purchased food items have tripled in the past two years. Our gas prices have gone up 75% in past two years. These are our primary expenses!

@Jack-Mehoff 7 ай бұрын

Glad someone mentioned insurance going up. It’s at point we had workers in company force being fired on questionable grounds as they did math on how they make more “net” by being unemployed and food/housing benefits. Winter is ahead and it’s only going get worse.

@marybailey7881 7 ай бұрын

According to Google: Question: Does the US government buy stocks? Answer: The Federal Reserve implements monetary policy decisions through the buying and selling of securities (held in the System Open Market Account, or SOMA) on the open market desk at the New York Fed. These transactions serve to adjust the cost and availability of money and credit in the U.S. economy. (Can someone please clarify this mysterious "FED" term? this seems to be what is making this so difficult to understand. Is "The FED" in this specific case "The Biden Administration"?)

@denialphasebitcoin5639 7 ай бұрын

Helps on the way Bidenomics

@ssuwandi3240 7 ай бұрын

This is why I had to move the entities out.. am not liable to feed the implofing healthcare of 2nd largest aging group nor the rolling interest of 133T war after war spending debts.

@matthewsmith2362 7 ай бұрын

You must live in Florida with me lol

@jakeviolet2195 7 ай бұрын

When I was in high school in the 90s, McDonalds cheeseburgers were 39 cents. We practically lived on them. According to online inflation calculators, they should cost approximately 75 cents today. I went into a McDonalds yesterday and cheeseburgers were almost $5 apiece! Same size, same ingredients, 1,200% inflation!

@juice_man4439 7 ай бұрын

100% facts. Anyone who’s paying attention knows it’s been more like 50%. To make things worse, the essentials have increased in price the most. Food, gas, rent, insurance, etc. the tavern I like to eat at has doubled in price in the last year. A sandwich used to be 8-9$. Now it’s like $17. We can’t keep doing this for long. I’ve had to pick up a second job to make ends meet, it’s ridiculous

@drumyogi9281 7 ай бұрын

Very true. Hamburgers and fries downtown where I live cost about $18 dollars now. 3 years ago it was $12. That is 50% inflation.

@Nativo2202 7 ай бұрын

And we need to pass single subject Bills NOT Omnibus Bills with nonsense spending drafted in!

@sliekerstar 7 ай бұрын

I trust American government statistics as much as I trust Chinese government statistics

@F_JoeBiden-tu6cl 7 ай бұрын

I trust Chinese a lot more. Unlike Biden, Xi is a legitimately elected leader.

@anthony212459 7 ай бұрын

I Went to walmart. In 1 week the beer went up 35%. 8.65 to 11.45. They rang it up i saw the price and said im good and walked out. 8% CPI my ass.

@WalletWatchUSA 7 ай бұрын

💯

@chrispyott4083 7 ай бұрын

Do you really need beer?

@dupedbydines1305 7 ай бұрын

@@chrispyott4083No lager, no peace.

@Ziegfried82 7 ай бұрын

@@chrispyott4083 during the virus panic one of the few things open was liquor stores. Oh and remember prohibition and how well that went? Once the masses cannot afford bread and circuses (or in modern American terms beer and sports) expect revolution.

@JoelKlessig 7 ай бұрын

Yep, I noticed 12 packs selling for $16-$18. I shop for deals when I see them.

@23pinkpear 7 ай бұрын

Tucson Arizona prices increasing on menus and stores with stickers put on to block out old price it’s very scary

@SuMMeRFLi5 7 ай бұрын

Great to see you continuing to get the attention and notoriety you deserve Peter! We ❤ You!!

@pubmeatman 7 ай бұрын

Come on now. These guys are clowns. They don’t have a clue.

@erinsweet8147 7 ай бұрын

I ordered some small struts for a camper door July 2022 and 2 of them shipped was $49. One failed today and I rent to re-order from the same place and the struts and shipping have increased. 20%! It’s now $59 to get 2 delivered with same delivery method flat rate.

@jimmyboyles2868 7 ай бұрын

USPS has increased their prices again. Ebay sales are suffering now. Too much for shipping.

@michaelp9707 7 ай бұрын

$5 Gas $5 Bread $5 Paper shop towels $5 small Burgers.All items you could get before for around $1 for the same brands

@HodgeChris 7 ай бұрын

To combat the negative effect of inflation, it’s a good idea to diversify your portfolio across different asset classes, such as stocks, bonds, and real estate, since this can help protect your portfolio against inflation. I’ve heard testimonies of people accruing over $550k during recessions

@georgebarret 7 ай бұрын

@RobertCooper03 That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?

@georgebarret 7 ай бұрын

@RobertCooper03 Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

@jimmyhat3438 7 ай бұрын

This is High Grade Content Guys. Peter your such a Generous Man 🙏🏼 Your on our side❤

@Erikkurilla01 7 ай бұрын

The government currently lacks concrete strategies to address inflation. Inflationary pressures are impacting various sectors, including stocks, housing, and commodities, causing their prices to rise. It is not advisable to keep your money idle and wait for a market crash. Instead, it is prudent to put your money to work by starting with cautious investments and gradually increasing your pace as prices decline further. Withdrawing a significant amount of money, exceeding $500K, from my account at this time presents a challenging decision.

@JanetHynes 7 ай бұрын

Nevertheless, there are certain investors who are still managing to generate substantial returns despite the unfavorable market conditions. Achieving similar results requires skill and expertise.

@Lemariecooper 7 ай бұрын

As the market continues to experience a downward trend, I have been diligently researching various strategies. Surprisingly, it appears that there are equal opportunities to achieve substantial gains in both bullish and bearish market conditions. I have come across stories of individuals who have managed to earn as much as $300k during this market downturn, and I am eager to uncover the tactics and approaches they employed to achieve such impressive results.

@patrickbrussels4454 7 ай бұрын

Undoubtedly, fiduciary counselors possess exclusive access to proprietary information and data sources that are not accessible to the general public. Under the guidance of my trusted fiduciary counselor, *STEPHANIE KOPP MEEKS* , I successfully generated approximately $560k in net profits during the third and fourth quarters of 2022. With such promising results, I am eagerly anticipating the potential for further growth and success in the future.

@Erikkurilla01 7 ай бұрын

@@patrickbrussels4454 Who is this person? Is she worth recommending?

@patrickbrussels4454 7 ай бұрын

@@Erikkurilla01 If you are seeking to diversify your portfolio, it is crucial to consult with an advisor. In my case, I have been working with *STEPHANIE KOPP MEEKS* , who can be easily found online and possesses extensive expertise in the financial markets. Engaging with a knowledgeable advisor like her can greatly enhance your understanding and decision-making in the world of investments.

@mfajardox 7 ай бұрын

Funny how they mention “pay back student loans” but no mention of paying back PPP loans

@Gabber44906 7 ай бұрын

Something is very ominous right now.

@masonfreedman2722 7 ай бұрын

Hey there, I don’t listen on KZfaq. I’m on Spotify, I just want you to know that I’m very grateful for your work!

@jeanpaul4100 7 ай бұрын

I hope the ponzi lasts for a few more years but everyone i know is stressed. When prices double again the gig will be up.

@biffgeorge8028 7 ай бұрын

It's crazy out there. A lot of people seem so angry

@RobertCROAK-tn4lz 7 ай бұрын

The digital market turned out favorable! $60,000 every month. I can now give back to the locals in my community and also support God's work and the church, God bless America

@benj435 7 ай бұрын

I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $960,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.

@RobertCROAK-tn4lz 7 ай бұрын

Investing in stocks is a good idea, a good trading system would put you through many days of success.

@levalena6647 7 ай бұрын

Investing in stocks is a good idea, a good trading system would put you through many days of success.😊

@cruzantonio6016 7 ай бұрын

Now with the recent economy, to be financially stable you have making money online while other are sleeping..

@adhiravihaan4782 7 ай бұрын

It is possible to produce superior performance provided you do something different from the majority. However, most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.

@punisherxs7864 7 ай бұрын

I see Peter Schiff, I click and like.

@fu4616 7 ай бұрын

Same.

@grantgoldberg1663 7 ай бұрын

The problem with year-over-year inflation is it only judges inflation from 12 months ago. When 2019 should be our real benchmark. My rent has increased 50% since then, my utilities 50% and I don't have to tell the rest of you what food, cars and insurance costs have increased to. I wish it were 3.6%. That would be a dream.

@EmersusTech 7 ай бұрын

The cat went behind the curtain at :42-:49 to find where all the missing money is! 😊

@georgeburns8447 7 ай бұрын

This discussion about price increases is absolutely right. People like Steve Moore, who have been critical of the inflation situation, have been way understating what the actual price increases have been. They talk on TV about prices that are 10%, 12%, 15% higher than a year or two ago. No way. It's more like 50% to well over 100%. And let's not forget to mention that everyone's 401K and brokerage accounts are still down at least 30% from when Trump was in office. Biden has been a disaster.

@user-hf3do3vu1j 7 ай бұрын

It looks like the ruling class does not go to the grocery store to buy food

@dakotahammer5698 7 ай бұрын

So disheartening as a young person. It took me forever to save up these U.S. Dollars and now I gotta dump them into something else and hope it's a good inflation hedge... so frustrating. It's not even that much money. At least it's not in 2023.

@mokeybello4876 7 ай бұрын

Buy 1 ethereum atleast, besides gold and silver there isn't much to put money in.

@firstlast9965 7 ай бұрын

Gold is a tier 1 asset

@rexmundi273 7 ай бұрын

You simply buy US treasuries 3 month, 6 month, 2 year. There is your only safe investment.

@EVOMAN14 7 ай бұрын

Peter is the best.

@jamesgalbraith1742 6 ай бұрын

Our government is just a bunch of fools. Very very sad.😢

@digger105337 7 ай бұрын

They just screwed Social security retiree's (5.9% for 2024) by cooking the books on Inflation and CPLie. Never an honest number.

@sptrader6316 7 ай бұрын

it's only 3.2% COLA for 2024 SS recipients.

@Ziegfried82 7 ай бұрын

I feel for those on SSI. It wasn't viable before this crazy inflation, but now? Completely unlivable income.

@mr5timewcwchamp 7 ай бұрын

They didn’t screw retirees over. They just kicked the can down the road for the bigger issue. SS runs out of reserves by 2033 at the current rates, at which point they could only afford to pay people about 75% of their current SS income. If anything this gives retirees and tax payers more time before the inevitable of either higher taxes or less benefits. I’m 100% for a form of social security. But this needs revised for who really needs it. You can be a multimillionaire still collecting SS. There’s a reason companies left the defined benefit plans (pensions) and put it back on the employees with 401k’s. Hell most states pension plans are not well run either.

@JoelKlessig 7 ай бұрын

In order to pay SS retirees more they need to raise taxes. Are we all ready for that?? There’s a demographics problem. Not enough people to pay into the system. This means even more money will come out of your paycheck. It’s not sustainable. Everybody wants something for nothing, tax breaks plus more money from government. The math doesn’t add up.

@pdlegend6829 7 ай бұрын

WWWWWHHHHHAT? The Government is not being honest about something? I'm shocked and appalled. If we let them start lying now they'll just keep doing it

@mireederrick1977 7 ай бұрын

Never Ever Trust The Government Numbers and The 🏦 s😂😂😂

@WInnerwinnerchickendinner. 7 ай бұрын

never ever trust peter Schiff predictions.He is wrong much much more than right.He is king of burning accounts.

@benjaminpettibone4254 7 ай бұрын

We (I) have listened to Peter Schiff for many years now. He is the go to guy for truth! When other naysayers were opposed to the debt problems starting from over nearly two decades ago, Peter was stating the obvious that this will end badly. This is ending very badly and many of us knew it. The naysayers were and are not using common sense. Peter knows this financial situation better than most people. Just glad I have had the opportunity to learn from his wisdom. Thank you for sharing your valuable information with all of us.

@ltlgamingtv3623 7 ай бұрын

Now we just need to see the ZRT55H price also move in the same direction as these charts. Up. Very Up.

@djstacktrace 7 ай бұрын

Garbage/Scam

@amfinancialbull 7 ай бұрын

Peter is such an inspiration!

@jacobpalmer7589 7 ай бұрын

The gubernment pisses on your leg and tells you it is raining.

@DanielH874 7 ай бұрын

Legislation needs to be enacted in which independently measured thresholds are set for a debt/gdp ratio, unemployment rates, healthcare wait times, education standards, living costs and so forth. Fall below the threshold and public officials get canned so there is an actual consequence for such futility. Watch how hard these slackers will actually work when their cushy job is on the line. Not much incentive for them at the moment. All they have to do is the bare minimum and a bit of pandering around election time to stay in office. That's not good enough.

@man_of_thought 7 ай бұрын

Euro Pacific Assessment Management 😂

@ioneladrian7907 7 ай бұрын

in Europe we already pay 7 dollars per gallon,not from now but for a couple of years!!

@briannewman6216 7 ай бұрын

Its called the CP Lie for a reason.

@samehadamar 7 ай бұрын

You are one of the most sophisticated and brilliant KZfaqr/content creator I watch, and 1million percent the very best in finance. I appreciate all of your content thank you for ZRT55H much love from Chicago

@troywilkinson8937 7 ай бұрын

Scam alert

@fahdh.a1590 7 ай бұрын

The inflation remembering the election debate 1980 presidents Reagan and Carter Reagan’s quote “ we don’t have inflation because the people are living too well we have inflation because the government is living too well “

@w.s.2102 7 ай бұрын

My grocery bill is up 20-25% from a year ago

@Silvertarian 7 ай бұрын

Peter Schiff: The father figure we all deserve.

@juanchos1202 6 ай бұрын

FYI: The photos did lie. Bread flower is 3 times more expensive than all purpose flower. Also the Costco video didn't show "apples to apples" compilations. Some of the products were on sale or an entirely different brand or type. Don't blindly believe everything you see.

@amryan7571 7 ай бұрын

There is the understatement of the year!

@BecamePneuma 7 ай бұрын

Peter is speaking the truth.

@ItsMeLunaLoL 7 ай бұрын

Great video. Im a huge ZRT55H fan and love your videos on it.

@djstacktrace 7 ай бұрын

Garbage/Scam

@TonyL-gw4qx 7 ай бұрын

Scam scam !!

@kevinbelcher5241 7 ай бұрын

Schiff is hitting the fan

@ciestas 7 ай бұрын

Well said.

@rbmh 7 ай бұрын

if Silver and Gold has not surged in price yet, it is not going to. We have waited long enough for Gold and Silver to go up, it wont suddenly happen, that is obvious.

@keithbellair9508 7 ай бұрын

Food is so cheap, always has been too cheap.. i ate like a king this week for $23.. 2 packs imported spaghetti.. $3.50 x 2 is $7. Prego sauce 40oz $6 2 lbs of meat balls $8.. spices $2.. People bitch and complain about nothing. The worse is when they bitch about gas prices.. it adds up to maybe $150 a month… Taxes is what they should be bitching about.. If people would shut up and get to work half as much as they complain.. they wouldn’t have any money problems.

@StrongStacker1 7 ай бұрын

Great video Peter

@Josh-ge1cr 7 ай бұрын

'lost in the sauce' haha

@kylesmith9060 7 ай бұрын

Regular spotify listener here, just came over to like a heap of you vids 🤙 More commentary on Australia and UK please top dog 🤙🤙 Love your show 🤙

@stevedmytrusz8347 7 ай бұрын

Our federal administration is horrid.

@silasbullard831 7 ай бұрын

Government, honest. 😂

@Failpotatoe 7 ай бұрын

They know whats going on but lets milk the cow until its empty?!

@jimmylabb5868 7 ай бұрын

LOL The newspaper I've bought went up 10 baggers from the last half of the decade, you are damn right about inflation hitting our pockets!

@Dowell318 7 ай бұрын

At 0:06: "Euro Pacific Assessment Management." Lawlz. Assessment management, anyone?

@DrBlood-cq2cm 7 ай бұрын

And people were bitching about matt gaetz. The welfare state needs to be shut down, but it wont. My advice: get rid of all your debt, buy as much land (with water) as you can defend, and exercise your 2nd amendment rights while you still can.

@bbustin1747 7 ай бұрын

The only silver lining is those silver and gold stackers 😂

@basook6116 7 ай бұрын

Yellen said that same thing, since USD is declining, Americans have to protect its own nest eggs

@jimmyboyles2868 7 ай бұрын

What a lucky cat that went behing the drapes at the beginning. Gets to live in Puerto Rico in a mansion!

@TriadTradingOfficial 7 ай бұрын

yup that seems about right, peanut butter and jelly doubled in price also. I might have to replace that with a knuckle sandwich

@scawarren 7 ай бұрын

Peter, I remember you mentioning, probably a decade ago, that the $ was only worth like 4 cents so if that was correct how is it not in the negative now? Or is it?

@daveharringbone8512 6 ай бұрын

Yes we noticed

@DM-kl4em 7 ай бұрын

Peter Schiff is the only financial expert that I trust with respect to the current and future economy. I am so sick of hearing politicians constantly lie about how great the economy is.

@tomtharos4440 7 ай бұрын

Meh. The Government isn’t honest about anything.

@mateograndpa1760 7 ай бұрын

Part inflation, part corp greed and part customer fault.

@Stretch501st 7 ай бұрын

I am 26 year old man work full time in my field, and have to live at home with my mom right now because rent prices and essentials have skyrocketed while wages haven’t.

@jude999 7 ай бұрын

Housing closing costs have nearly doubled.

@filippovanucci9390 7 ай бұрын

All good arguments, I just wish Peter would stop making the example of newspapers from 2003-2013. He forgets to mention that you can't really compare those prices, due to a little revolution called the Internet, which made access to news much easier, hence the increase of cost in physical paper.

@bibekbhattarai 7 ай бұрын

He missed the olive oil. From $24 to $39

@itz_babu_46 7 ай бұрын

Love the ZRT55H content. I think this project is just as essential as HBAR and they both will be great movers

@djstacktrace 7 ай бұрын

Garbage/Scam

@TonyL-gw4qx 7 ай бұрын

Scammer garbage. ,!!

@peterbedford2610 7 ай бұрын

1983 and 1996 the gov severely reduced CPI calculations in order to save huge money on COLA payments. Not a secret..

@dustinmiller2775 7 ай бұрын

It's October and I'm not surprised.

@EdwinFrizzell-xg4yg 7 ай бұрын

Wow! Did you just figure that out?

@firstlast9965 7 ай бұрын

GOLD is a Tier 1 Asset

@Steve-Richter 7 ай бұрын

Cauliflower in the supermarket is back to $2.50. Was as high as $5 last year.

@HollywoodRpi69 7 ай бұрын

Peter Rules

@jerrybrickley2115 7 ай бұрын

The current Fed rate is at the average for the last 40 years. However, the Fed already announced they will be cutting rates next year. WHY?

@dealsfromvirginia1773 7 ай бұрын

The manakin is doing a great job Peter. This is the more trustworthy administration in history.

@viever6574 7 ай бұрын

I wonder what proportion of these price increases is tax (I mean direct tax on a given item)?

@lauranyc4966 7 ай бұрын

Gvt and word honest should never be in the same sentence 😂😂

@CT-ig2oz 7 ай бұрын

Coffee, cream, sugar all going up at least $5-6 each compared to couple months ago

@1Piecer 6 ай бұрын

So, how long do you think this Recession will last when compare to the last 2? And will the good times of almost Zero interest loans period gone forever? Am I exaggerating or will that drop the stock market and stop the continuous up tread for a while?

@Robot-Overlord 6 ай бұрын

If you have a membership or email list to a grocery store or sams club, go back and look at the deals they were offering you even a few years ago. I just quit my job because theyre only giving me a 5% raise, I am already applying for jobs that are paying 10-20k more in the same job title.