Peter Schiff

speaker

879 appearances 1 recordings 1 series first heard Jul 2026 last heard 23 Jul

Peter Schiff’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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The Pomp Podcast · Bitcoin Debate: Pomp DESTROYS Peter Schiff · 23 Jul 2026 podcast

We have an enormous interest expense.

We have this complete bubble economy in the US.

And so, you know,

Will we get a get out of jail free card with what's happening with AI?

Or will the AI end up being the straw that breaks the camel's back?

Because the cost of building out the AI infrastructure and the data centers could break us before we even get to the returns, right?

We have to incur the costs.

And we're already broke as a society.

We don't have the savings to tap into because we've been tapping into the savings from the rest of the world.

And, you know, we already owe the world more than we could ever repay.

And they don't want to lend us anymore.

In the meantime, we started a war, which is complicating things even more.

No, I mean, look, inflation was going to accelerate without the war.

The war will make it worse because the war means bigger deficits and more inflation to finance them.

But war also diverts production from civilian goods to military goods.

I mean, if we're going to build more bombs, well, what aren't we building?

So prices are going to be higher.

Oil prices are certainly going to be significantly higher because of the war than they would have been absent a war.

Well, it's hard to say regardless of what happens, but as far as any likely possibility, I think oil prices go up.

I think even if we manage to end this war...

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