My guest today not only accurately predicted the 2008 financial collapse, he’s a seasoned Wall Street prognosticator known for his spot on predictions of the stock market performance, including gold, commodities, and the might dollar.Peter Schiff is breaking down for us the mind-games government uses with data to ease the pain we all know to be a rapidly declining standard of living and exposing how the Fed’s inflation strategies are destroying the American economy.*Expose the fallacy of inflation being needed to stimulate the economy and spending*Capitalism's role in creating freedom and opportunitiesIs a depression greater than the Great Depression we all ready about in US history on the horizon for the US? If record numbers of credit card debt and student loan debts serve as any kind of indication of what’s looming around the corner, you’ll want to take notes and really think through this for yourself and your family.This is Impact Theory and this episode is about thinking through not just how to survive the next economic crisis, but how to get ahead of most and actually thrive.Follow Peter Schiff:Website: https://schiffradio.com/   YouTube: https://www.youtube.com/@peterschiff Twitter: https://twitter.com/PeterSchiff Instagram: https://www.instagram.com/peterschiff SPONSORS:Get 5 free AG1 Travel Packs and a FREE 1 year supply of Vitamin D with your first purchase at https://bit.ly/AG1Impact.Right now, Kajabi is offering a 30-day free trial to start your own business if you go to https://bit.ly/Kajabi-Impact.Head to www.insidetracker.com and use code “IMPACTTHEORY” to get 20% off!Learn a new language and get 55% off at https://bit.ly/BabbelImpact.Try NordVPN risk-free with a 30-day money-back guarantee by going to https://bit.ly/NordVPNImpactGive online therapy a try at https://bit.ly/BetterhelpImpact and get on your way to being your best self.Go to https://bit.ly/PlungeImpact and use code IMPACT to get $150 off your incredible cold plunge tub today.***Are You Ready for EXTRA Impact?***If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you.Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness. This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day.* New episodes delivered ad-free* Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more* Exclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading list* You’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more:*Legendary Mindset: Mindset & Self-Improvement*Money Mindset: Business & Finance*Relationship Theory: Relationships*Health Theory: Mental & Physical Health*Power Ups: Weekly Doses of Short Motivational Quotes *****Subscribe on Apple Podcasts: https://apple.co/3PCvJaz*****Subscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices