The Peter Schiff Show Podcast - Episode 516 Recorded November 26, 2019 The Radical Solution Should Be Free Market Capitalism The problem is, this coming crisis is going to be so bad, it's going to be so much worse than 2008 and you know it's all going to be blamed on capitalism. It's all going to be the left saying "We told you so!" "We cut taxes for the rich, we deregulated. Trump inherited a great economy from Obama and everything he inherited he squandered it with tax cuts for the rich." And things are going to be very tough. People will demand radical solutions. I wish the radical solution could be Free Market Capitalism, because we haven't had that in a long time - but everybody's convinced that that's all we've had. Even the people who supposedly defend capitalism think that it needs a makeover, that it needs to be re-done for the modern era. Get Government Out and Market Forces Back In We don't need to re-do capitalism. We just NEED capitalism. What we have to do is get all the socialism out of capitalism. It's giving it a bad name. We need to get government out of all this stuff so that market forces can get back in. How Old Is Too Young to Vote? I want to finish up the podcast talking about voting. So I read this article about a town, Brookline, that had approved a measure to lower the voting age down to 16. That's part of the Democrat platform. In addition to doing away with the Electoral College and making D.C. and Puerto Rico states, they want to lower the voting age to 16. I don't blame the Democrats for wanting the 16-year-olds to vote; almost all of them are going to vote Democrat, because, they're only 16 - what do you expect? In fact, the Democrats want 14-year-olds - 10-year-olds, 5-year-olds! The younger the better!  Directly Pandering to Children for Votes They're not old enough to know any better. It's so much easier to fool these people.  But I can just imagine elections where the politicians have to directly pander to children in order to get their votes. Raise the Voting Age So I tweeted that this is a step in the wrong direction. We shouldn't be lowering the voting age, we should be increasing the voting age. The response was, "Oh, my God!  How could you want to do that?".  We've talked about that on this podcast before. The voting age up until the 26th Amendment in the early 7o's was 21.  The idea was, if you're old enough to fight for your country you're old enough to vote. No. That makes as much sense as saying that if you're too old to fight, you're too old to vote. RATE AND REVIEW this podcast on Facebook. https://www.facebook.com/PeterSchiff/reviews/ SIGN UP FOR MY FREE NEWSLETTER https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Open your Goldmoney account today: https://www.Gol ... https://www.youtube.com/watch?v=DohiyDBpHQg

The Peter Schiff Show Podcast - Episode 434 RATE AND REVIEW this podcast on Facebook. https://www.facebook.com/PeterSchiff/reviews/ Everything up on the Week Except Treasury Bonds and the Dollar - The stock market ended a positive week on a little bit of a down note; all of the major averages had small losses today - well off the lows of the day.  The market tried a couple of times to sell off but the dips were bought on each occasion and we ended up closing near the highs of the day, even though we were down on the day. Pretty much everything was up on the week except treasury bonds and the dollar. The dollar fell, long-term interest rates rose.  Gold was up.  Oil was the big winner, even though it was down close to a dollar a barrel today, we closed right around $52; up better than 8% on the week. All Fed - No Change in Fundamentals - ... https://www.youtube.com/watch?v=RHLAS4KFZJ8

Peter Schiff on RT Boom & Bust 11/15/2018 SIGN UP FOR MY FREE NEWSLETTER http://www.europac.net/subscribe_free_reports Schiff Gold News: http://www.SchiffGold.com/news Open your Goldmoney account today: https://www.Goldmoney.com/ Buy my newest book at http://www.tinyurl.com/RealCrash Like and follow Peter Schiff on Facebook http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff ... https://www.youtube.com/watch?v=FpeBaxsDPa0

· U.S. goes into recession; Biden and Fed deny it. · Media goes along with redefining recession. · The Inflation Reduction Act will increase inflation. · Forex and gold investors finally figuring things out. · Bond investors still clueless. Thanks Ladder. Go to https://ladderlife.com/gold today to see if you’re instantly approved. ? Join my Locals community to get The Peter Schiff Show ad-free and a day early! Plus get access to special live reports and Q&As. Visit https://peterschiff.locals.com/ to become a member. ? Invest like me: https://schiffradio.com/invest ? RATE AND REVIEW on Facebook: https://www.facebook.com/PeterSchiff/reviews/ ? SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/ ⭐️ Schiff Gold News: http://www.SchiffGold.com/news ? Buy my newest book at http://www.tinyurl.com/RealCrash ? Follow Peter Schiff on Facebook: http://www.Facebook.com/PeterSchiff ? Follow Peter Schiff on Twitter: http://www.Twitter.com/PeterSchiff ? Follow Peter Schiff on Instagram: https://Instagram.com/PeterSchiff ... https://www.youtube.com/watch?v=ZzYZ726udZ8