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My guest today not only accurately predicted the 2008 financial collapse, he\u2019s a seasoned Wall Street prognosticator known for his spot on predictions of the stock market performance, including gold, commodities, and the might dollar.\nPeter Schiff is breaking down for us the mind-games government uses with data to ease the pain we all know to be a rapidly declining standard of living and exposing how the Fed\u2019s inflation strategies are destroying the American economy.\n*Expose the fallacy of inflation being needed to stimulate the economy and spending\n*Capitalism's role in creating freedom and opportunities\nIs a depression greater than the Great Depression we all ready about in US history on the horizon for the US? If record numbers of credit card debt and student loan debts serve as any kind of indication of what\u2019s looming around the corner, you\u2019ll want to take notes and really think through this for yourself and your family.\nThis is Impact Theory and this episode is about thinking through not just how to survive the next economic crisis, but how to get ahead of most and actually thrive.\n\nFollow Peter Schiff:\nWebsite: https://schiffradio.com/\xa0\xa0\xa0\nYouTube: https://www.youtube.com/@peterschiff\xa0\nTwitter: https://twitter.com/PeterSchiff\xa0\nInstagram: https://www.instagram.com/peterschiff\xa0\n\nSPONSORS:\nGet 5 free AG1 Travel Packs and a FREE 1 year supply of Vitamin D with your first purchase at https://bit.ly/AG1Impact.\nRight now, Kajabi is offering a 30-day free trial to start your own business if you go to https://bit.ly/Kajabi-Impact.\nHead to www.insidetracker.com and use code \u201cIMPACTTHEORY\u201d to get 20% off!\nLearn a new language and get 55% off at https://bit.ly/BabbelImpact.\nTry NordVPN risk-free with a 30-day money-back guarantee by going to https://bit.ly/NordVPNImpact\nGive online therapy a try at https://bit.ly/BetterhelpImpact and get on your way to being your best self.\nGo to https://bit.ly/PlungeImpact and use code IMPACT to get $150 off your incredible cold plunge tub today.\n\n***Are You Ready for EXTRA Impact?***\nIf you\u2019re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you.\nWant to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness.\xa0\nThis is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day.\n* New episodes delivered ad-free\n* Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more\n* Exclusive access to Tom\u2019s AMAs, keynote speeches, and suggestions from his personal reading list\n* You\u2019ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more:\n*Legendary Mindset: Mindset & Self-Improvement\n*Money Mindset: Business & Finance\n*Relationship Theory: Relationships\n*Health Theory: Mental & Physical Health\n*Power Ups: Weekly Doses of Short Motivational Quotes\xa0\n\n*****Subscribe on Apple Podcasts: https://apple.co/3PCvJaz*****\n\nSubscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/\nLearn more about your ad choices. Visit megaphone.fm/adchoices