Peter Schiff made a name for himself in finance by challenging mainstream views on wealth and the economy. In 2011, he attended the Occupy Wall Street protests with a sign that read, “I am the 1%,” challenging the movement’s perception of wealth inequality. A vocal critic of inflation and government spending, Peter accurately predicted the 2008 financial crisis. He also strongly advocates investing in real assets like gold, as opposed to Crypto. In this episode, Peter breaks down the real causes of inflation and income inequality, explains why Bitcoin isn’t a safe investment and shares the best strategies to protect your wealth from inflation.
In this episode, Hala and Peter will discuss:
(00:00) Introduction
(01:17) The Real Cause of Wealth Inequality
(07:35) Capitalism and the Value of Entrepreneurs
(13:34) Why Higher Taxes on the Rich Hurt Investment
(17:26) How Government Spending Fuels Inflation
(26:57) Why Gold Is the Ultimate Store of Wealth
(32:30) Investing in Business for Long-Term Wealth
(40:24) The Truth About Bitcoin’s Value
(48:26) Why Investing in Crypto Is a Financial Mistake
(59:51) Preparing for the Inevitable Economic Crash
(01:08:02) Protecting Your Business in a Recession
Peter Schiff is an investment broker, financial commentator, author, and the founder of Euro Pacific Asset Management. Known for accurately predicting the 2008 financial crisis, he strongly advocates for gold as both a store of value and protection against inflation. Peter also hosts The Peter Schiff Show podcast and has authored bestselling books, including Crash Proof and The Real Crash. A well-known critic of Bitcoin, he has called it a “Ponzi scheme.”
Sponsored By:
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Airbnb –Find yourself a co-host atairbnb.com/host
Resources Mentioned:
Peter’s Book, The Real Crash: bit.ly/Real-Crash
Peter’s Podcast, The Peter Schiff Show Podcast: bit.ly/PeterSchiffShow
Euro Pacific Capital Website: europac.com
Active Deals – youngandprofiting.com/deals
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Youtube – youtube.com/c/YoungandProfiting
LinkedIn – linkedin.com/in/htaha/
Instagram – instagram.com/yapwithhala/
Social + Podcast Services: yapmedia.com
Transcripts – youngandprofiting.com/episodes-new
Entrepreneurship, Entrepreneurship Podcast, Business, Business Podcast, Self Improvement, Self-Improvement, Personal Development, Starting a Business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side Hustle, Mental Health, Career, Leadership, Mindset, Health, Growth Mindset, Personal Finance, Scalability, Financial Freedom, Risk Management, Financial Planning, Business Coaching, Finance Podcast, Saving.

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