
The Peter Schiff Show Podcast
2w ago·53m
Iran Won the War, Adam Schiff Wants Your Money, and Japan Is About to Blow Up
Iran's regime survived, got $300B, and we reopened what we closed. Adam Schiff wants to steal Musk's trillion. Japan is about to blow.
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The Iran MOU is being celebrated as a great victory, but Peter Schiff argues it achieved nothing more than returning to pre-war conditions: no fighting and the Strait of Hormuz open — both of which were true before the war started. Iran's regime survived, got immediate sanctions relief, access to a $300 billion investment fund, and frozen assets returned. The only concession is a promise not to develop nuclear weapons — the same promise they were making before the war that Trump said wasn't good enough.
Schiff dismantles Adam Schiff's viral video calling for confiscation of Elon Musk's trillion-dollar wealth, showing that dumping that much stock would crash the price to a fraction of its value, destroy two companies, eliminate the incentive for future entrepreneurs, and give each household a one-time $7,500 check they'd spend in a week — the communist promise that has failed every time it's been tried. California's billionaire wealth tax made the ballot, threatening a 5% annual levy that would trigger a mass exodus. Meanwhile, Japan's debt crisis is accelerating with the yen breaking down past 160, 10-year JGBs at 2.65%, and a debt-to-GDP ratio of 250% — at 4% interest rates, two-thirds of Japanese tax revenue would go to interest alone. Schiff calls it a preview of America's future.
Chapters:
00:00 Crisis Without a Plan
00:48 Father’s Day Intro
02:21 Iran MOU Reality Check
09:40 Who Really Wins the Deal
17:10 Wealth Inequality and Billionaire Taxes
31:16 Why Capital Matters
32:29 Panama Wealth Conference
33:47 Schiff vs Billionaires
35:00 Confiscation Fallout
42:43 Japan Yen Crisis
50:58 Gold Fed Reality Check
54:23 Accountability and Wrap Up
Follow @peterschiff
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This episode is sponsored by Zapier. Get started for free at https://zapier.com/gold
The Iran MOU is being celebrated as a great victory, but Peter Schiff argues it achieved nothing more than returning to pre-war conditions: no fighting and the Strait of Hormuz open — both of which were true before the war started. Iran's regime survived, got immediate sanctions relief, access to a $300 billion investment fund, and frozen assets returned. The only concession is a promise not to develop nuclear weapons — the same promise they were making before the war that Trump said wasn't good enough.
Schiff dismantles Adam Schiff's viral video calling for confiscation of Elon Musk's trillion-dollar wealth, showing that dumping that much stock would crash the price to a fraction of its value, destroy two companies, eliminate the incentive for future entrepreneurs, and give each household a one-time $7,500 check they'd spend in a week — the communist promise that has failed every time it's been tried. California's billionaire wealth tax made the ballot, threatening a 5% annual levy that would trigger a mass exodus. Meanwhile, Japan's debt crisis is accelerating with the yen breaking down past 160, 10-year JGBs at 2.65%, and a debt-to-GDP ratio of 250% — at 4% interest rates, two-thirds of Japanese tax revenue would go to interest alone. Schiff calls it a preview of America's future.
Chapters:
00:00 Crisis Without a Plan
00:48 Father’s Day Intro
02:21 Iran MOU Reality Check
09:40 Who Really Wins the Deal
17:10 Wealth Inequality and Billionaire Taxes
31:16 Why Capital Matters
32:29 Panama Wealth Conference
33:47 Schiff vs Billionaires
35:00 Confiscation Fallout
42:43 Japan Yen Crisis
50:58 Gold Fed Reality Check
54:23 Accountability and Wrap Up
Follow @peterschiff
X: https://twitter.com/peterschiff
Instagram: https://instagram.com/peterschiff
TikTok: https://tiktok.com/@peterschiffofficial
Facebook: https://facebook.com/peterschiff
Our Sponsors:
* Check out Chilipad and use my code GOLD for a great deal: https://sleep.me
* Check out Chilipad and use my code sleep.me/GOLD for a great deal: https://sleep.me
* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com
* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai
* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com
* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com
* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com
* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com
Privacy & Opt-Out: https://redcircle.com/privacy
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