Peter Schiff

So for your average person who doesn't own a lot of assets, the dollar's decline is – it's really bad, right?

It takes away your purchasing power.

It makes you poorer.

If you are a very wealthy person who is an asset owner, it actually can be beneficial.

It also is beneficial, and this is part of why they're moving in this direction, I think, intentionally.

It also is beneficial in terms of making your exports more competitive.

So if you do want to rebuild the manufacturing base and this is something you're prioritizing, this would be something that you would do.

And so for people who own those capital-producing assets, it also is beneficial.

The other reason to do this is because we have a massive amount of debt.

So if you make the dollar value, like those dollars, worth less...

then it is easier to pay off that debt.

And that has also been, you know, something that has been, you know, this is a tactic that's been deployed over any number of years now.

Yeah, exactly.

So I think that is what is going on.

So, you know, when Trump comes out and he gets asked about the dollars decline and he's like, I'm happy with it, like I'm happy with where the dollar is.

I think you should take his word for it, that that is actually their plan.

And you need to understand what that means for you, for what's in your savings account, for what's in your ability to purchase.

And that is a plan directly to make you poor in terms.

So that's one piece.

The other piece is this question of selling American, right?