I am glad you mentioned current market cap and possible future market cap of AOC44T . Don’t freak out people, it’s just a freaking bet.

I work for gm and can't even afford to pay for oir vehicles that we produce

When you're starting to have the same discussions that Argentina has... *You should be worried.*

On AOC44T , youve done an amazing job. How are you going to make all of these films and write all of the text in such a short amount of time? Exceptional work.

Finally thanks for the update! Im trying to hold a million dollars worth of AOC44T . Oddly enough its a sleeper for some weird reason that not many KZfaqrs talk about in regards to lnvesting. It has had steady growth since its release.

My CPI inflation analogy: If your landlord every year raised your rent 5% a year and then this year only raised it 2%, is your rent going up or down? Of course it’s going higher and up, (that’s why grocery bills arn’t going down, but the growth of that increase has fallen. Don’t let the financial media confuse you by saying inflation has dropped.

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 AOC44T much love from Chicago

AOC44T is definitely moving to the top of my list for assets to accumulate more of….. love your content brother look forward to it everyday 💯

I really appreciated this video, as a medium-term AOC44T holder. I know you commented on not many people paying attention to this, but it was very relevant for holders such as myself. After watching your thoughts, I willbuy more. I also remember your earl

Thank you for this video. There are so many uninformed people out there when it comes to AOC44T

These auto workers are going to need a big big raise if they're going to pay for the housing and welfare benefits of all these new illegal migrants.😮

This is very misleading UAW wants what they gave up to help companies during the recession in 2008, which was supposed to returned to their members when the companies were out of their financial burden. The UAW gave up COLA ( Cost Of Living Adjustment) and more benefits were voluntarily given up to help the big 3 in the financial time of despair. Yes, if the UAW had their COLA a smaller percent of a wage increase would safice. If the UAW would have had COLA they would be making 10 more per hr. They want what they gave up to help the companies only fair the companies give them back what they sacrificed,

I just love seeing people get what they voted for then they express buyers remorse.

Thanks you for keeping us updated with AOC44T. I feel for our country, low income people are now suffering to survive, inflation and recession increasing daily and many families cant even enhance good cost of living anymore thankful for this AOC44T .

I work at Stellantis. We know inflation is out of control. We've lost so much purchasing power over the decades. Our demands are not unreasonable. We'll settle for MUCH less than we're asking for. Thanks Peter. You are our FREE MARKET SUPERHERO. God Bless

America in trouble

During the pandemic, they printed so much money that it has not only accelerated inflation but it has also accelerated the economic disparity between the rich and the lower classes. This is not just about inflation, it is about economic disparity and GREED. For the last three or four years, all we’ve heard was a huge sucking sound coming from the top. The prices of cars went up by roughly 40% and the salaries of these corporate fat cats and CEOs in this country went up by the same amount. They sucked up a majority of all of that printed money from the FED and kept it ALL for themselves. I hope the auto workers get whatever they deserve even if the CEOs need to take pay cuts.

Peter always speaks the Truth gotta love him for it!

A friend of mine just purchased a Ford F 150 and his payment is 850 bucks a month.......unbelievable..

Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.

Henry Ford paid his workers enough so they themselves could afford a t model.wages went through the roof for all American's. Perhaps they should start building t models again.

*THE LABOR COST TO BUILD A VEHICLE* is only 4 - 5% of the TOTAL cost to build a vehicle. IF Labor costs DOUBLED, that would be 8 - 10%. If the Labor cost went up 50% that would still only be about 6 - 7 1/2% of the total cost to build a vehicle. There is still *93%, or more,* of the cost that is NOT Labor. Meanwhile, the Big3 raised the prices of their vehicles *30%* over the past 4 years, just because. Where is the news coverage on THAT?

Can you blame them for striking. The CEO's are making record salaries and bonuses. All while the regular Joe is barely making ends meet. Its time for workers to get paid more and these top executives need to realize that because they are straight greedy .....

Can we go back to the 80's? It was a hell of a lot better.

Mary Barra’s salary went from 21 million in 2019 to 29 million in 2022, autoworkers only got 6% in raises in that same time.

how about keeping CEO compensation aligned with worker pay. The CEOs received 25% raises each year since 2020 + $5billion in stock buybacks, increasing the value of the stock they hold

Another reason to move the production line abroad

I work on an assembly line for 10 years in a Union. They have no idea how much wear and tear goes on your body

End the Fed

Nobody says anything When The Rich Takes advantage Of Everyday AMERICANS 😭😭😭😭😭😭😭😭

The shorter work week is a way to satisfy the big greedy unions. Unions gets dues from each worker and four-day work weeks means more workers. More workers equals more dues.

We just want what we are owed

Everyone pays for inflation, not just taxpayers.

The working class does not need a sermon from CEOs, bankers and other con artists on how to tighten their belts. Bailouts & bonuses and money printing scams are A-OK when they are pocketing the proceeds for having done zero work.

Poor babies, they sure have it hard. They aught to see how we're treated in the auto repair field. We don't have automated machinery to help us tear them down to repair or replace parts and panels. And fight for decent repair hrs and repair pay from the insurance companies...

I support the strikes. Living wage and minimum wage have diverged so much that we need to re-calibrate wages such that an honest days work is an honest days pay.

I think you are leaving out some key elements here. The companies are making record profits. The CEO is getting paid A LOT more than the 'fat cat union bosses' and never set foot on the shop floor. In other words they produce nothing. The big three have already increased the price of their vehicles beyond the cost of insanity. They are charging 100K for trucks that used to cost 50k. The quality is lesser, nobody is buying their vehicles. Especially trucks. The union agreed to concessions last contract to help the companies. Many of these workers cannot even afford to buy the vehicles they produce. The big three are taking a huge hit on electric vehicles. Nobody wants them, and nobody is buying them. Many people who buy EVs are not happy. We already know these companies are buying politicians (which should be illegal). Maybe they should convince their constituents in Washington to stop incentivizing the production of EVs. I would also like to point out that the prime shareholder of all 3 companies is Vanguard who has seen ENORMOUS growth and is estimated to have TRILLIONS in assets. Again, should be against the law for one entity to acquire that much growth since there is only so much money in circulation. We all know who made this mess possible: The central banks. It is a broken system/failed state (by design). Someone is getting paid...

Henry Ford didn't put up with this bulls*it ..

Blame corporations....not the government....which is the source of all our real issues.

Shawn Fain :) Bless this man

White collars have to be demoted and the real money should go to the workers

Shawn Fain (President of UAW) makes $156K a year. Toyota made $51 billion in the last 12 months. The CEO makes $4 million a year. Its all corporate greed.

Lock them out until they smarten up and start producin vehicles that are affordable and reliable, not the over-priced crp they make now. They will price themselves out of a job if they keep up this stupidity!

Gasoline prices have been tanking . We were at $4.00 a couple weeks ago, and now we're at $3.49. So a huge disconnect vs $93 oil.

We need to rearrange Peter’s lights to get that bright ball of light off his forehead

The union is told to go on strike every time sales are down.

since 1979 real wages in US grew 15% for 90% of the population, while the top 1% had 136% growth...So when union is asking for 46% wage increase -- it's very modest...

I only see 12 people protesting 😂. Is that why it's Historic?

Right sir peter schiff. You are a man of Integrity in this deceptive world.

I supported capitalism too, but CEOs are NOT worth 1,000+ times what their employees make per year. 😡

The workers have lost 19% of their buying power from 2008 to 2023. From 2007 to 2017 there was NO WAGE INCREASE AT ALL. 10 years without a raise.

"the union" is all the workers together. they are trying to single out one person.

Come next month your new F150 and Silverado will cost $100k each. Stagflation is hitting everyone a triple punch: housing, food, vehicles. Americans will have to decide whether to go hungry, homeless, or drive the old car to the ground before being jobless.

Peter should do a podcast where he compares the how much the price of a car is the CEO's salary vs the workers wages and benefits. This will shed light on the impact of the CEO salary vs worker wage gap. Then explain the reason why the average auto worker cannot afford to purchase the cars they build is because of out of control government spending. Nothing is free as we are now realizing after decades of "free" government provided "services" and "benefits".

I have been following Peter Schiff's analytical work for several years. 😃 I'm absolutely thrilled by how accurately his predictions come true. Of course, he can't pinpoint the exact date, but sooner or later, his words become reality. 📈 This man is like an economic prophet of our time. Dear Peter Schiff, please, don't ever stop doing what you're doing! 👏🙏

Yes Peter, support the little guys 👦!!!

There’s plenty of cars in reserves, they were anticipating this I hope the strike works

Happy NEW YEAR to YOU Peter...May God Be Good to you and Family...🙏🏻🙏🏻💜💜🤗

Peters is soooo on point🎉🎉❤❤

But, but, but JB said he wasn't worried about a strike because it's not going to happen.

I think you have it wrong about the shorter work week. If a worker works more than 32 hours a week, they should be considered full time and get benefits and overtime pay.

Right now Inflation is ridiculous and The RICH Are raising prices every Week 😭😭😭😭😭😭😭😭😭😭😭😭😭

Senior uaw workers are already overpaid.. making $35 an hour to sit and watch a machine work.. they need to cut their pay and give it to the younger workers to balance it out. The big 3 will soon go bankrupt…

Love the Peter Schiff Show! As the Bitcoin collapse accelerates and the world returns to gold, we can say Peter was right again!

Does a 4-day work week actually translate to 32hrs/wk? Don’t a lot of them run on compressed schedules?

They also see what UPS drivers are making.

The UAW is going to kill the goose that lays the golden eggs👊🏻

Remember Yellow Trucking folded overnight, what's stopping them to go oversees or north or even south.

Video is too short, I want more Schiff!!

Companies don’t have the leeway for their workers meanwhile ceos and shareholders reaching record profits.

Happy new year Schiff !

the companies will just outsource the manufacturing to mexico

If we got a 40% increase in wages at my job, the cost per unit of each item would go up 2%. Big biz can get fukt

Happy New Year and Shanna Tova Peter!

If I had one piece of advise for the UAW it would be STOP VOTING DEMOCRAT!!! They really don't care about you!!

this reminds me of the strike at international there was already a slow down the strike shut the plant the city collapsed, dealers are already charging so much extra nothings moving off the lots I think this could change the big three in the future they will not keep building plants in the north and use cheaper non unionized southern plants

Correct about the negotiation tactics, both sides have tactics. But Union strikes are everywhere atm. Chevron have big worker strikes in Australia, due to toxic culture and conditions haven't changed for 10 years. Nurses in Australia, Fire fighters in Australia, all sorts of Trade unions. But true about workers trying to catch up. This is the problem of raising interest rates too slow. They should have raised it fast and hard. Ukrainian war hasn't helped the cause. This has caused issues within the energy supply chain, which has caused more inflation as well, then on top pf that you add government policies and state policies.

Can anyone explain to me if we go full electric WHERE are we going to get all the copper and lithium?????? Also the current power grid is VERY VERY FAR from being able to power an electric car in every house!!!!

Part prices are gonna go up and vehicle prices are gonna go up

32 hours and I want to work at home. Eat my gummies 😂

And as for "risks", the CEOs don't take ANY. They make $20-30-40-50 MILLION a year, run the business badly & then our tax dollars bail them out ffs!! 😡

Well said peter

Production will move to Mexico were they have cheaper labor and higher profits.

Might the demand for higher pay rates Not Be Enough after inflationary pressures and not forgetting the Tax Take ?

A 36% raise is just greed.

All we are asking for is a liveable wage

just keep buying gold no matter what price anything under US$2500 will be cheap when its US$5,000-$8,000 in a few yrs

I think that inflation is caused by the government not by employee wages. Blaming them for the problems of their employers is also not right. The employees need to focus on their own needs because the employers will never worry about their workers.

VELIKIY NOVGOROD, September 21 - RIA Novosti. Sanctions slow down Russia in some ways, but at the same time stimulate development, Russian President Vladimir Putin said.

Unjust weights and unjust measures are an Abomination to the LORD. Most of the reason for the strike is that the Autoworkers have a Two Tiered system of compensation. Every employee should be paid similarly.

Truth. UAW now, next year is Boeing Union.

Tesla disrupting the ice vehicle companies saw that writing on the wall.

Jacking those prices back up??? When have they come down they haven't

Oil was 100.00 dollars a barrel in 2020

who cares if car prices rise when no one can afford them?

It would be better if AI and robots go to jupiter or anything planet.. Not to replace human works

We are owed. They promise to return COLA and bring our wages back. If the CEOs can make 300 times more then the worker its a problem. Give us what we are owed!!!

It's not past inflation rates lol. 40% in four years. We're up over that in the last two years!

Happy new year moving forward. at this point the gov is screwing itself too, its in diminishing returns territory. theyre in a daisy chain of screwing themselves. taking from here to give to there, while dollar values are still going down.

UAW = UNEMPLOYED AMERICAN WORKERS 😂😅😂