Prepper Recon

Peter Schiff on Capital Account

Peter Schiff is the guest on this edition of Capital Account. Peter Schiff is the author of several books including “Crash Proof” and his latest book “The Real Crash”. I have read both and both were excellent reads. Peter Schiff accurately dissects the fiscal dilemma that we are in In both books. He points outs ways you can get financially prepared for economic collapse. Peter is also well known for having predicted the collapse of 2008 housing bubble several years before it popped. Peter Schiff is the CEO of Euro Pacific Capital which is a wealth management and precious metals company. He  has a daily talk radio show which is available to listen or download free at Schiff Radio.com.

Capitol Account is a finance show produced by RT. They bring the guest rarely seen on Bloomberg, CNBC, and FOX Business. Lauren Lister, the host of Capitol Account, brings  full length interviews with her guests rather than sound bite snippets. Capitol Account is on Monday through Friday on RT or can be seen via their YouTube channel.

In this interview, Peter Schiff discusses why we have not yet seen hyperinflation yet. He also explains that whether we see hyperinflation or simply high inflation, the economy is in grave danger. Peter explains that the current inflation metrics are skewed to reflect much less inflation than is actually occurring.

Lauren asks Peter Schiff why we have not seen US Treasury bond yields go up over the past years. Peter explains that the bond market is irrational and in a bubble which is hard to predict when it will pop. As we mentioned before, Peter did accurately predict the collapse of the housing bubble, so he is worth paying attention to.

Lauren Lister Interviews Peter Schiff on Capitol Account

I hope you enjoyed this interview and found it informative. If you are new to prepping or would like to learn more, read our 7 Step Preparedness Plan which focuses on prepping on a budget.

Happy Prepping!