The Peter Schiff Show Podcast

Making America Great Again Will Be Much Harder Than Voters Think – SchiffReport


Listen Later


* It is Wednesday, November 9, 2016, one day following one of the biggest political upsets in U.S. political history
* As Donald Trump shocked everybody by defeating Hillary Clinton
* Hillary Clinton was supposedly the most qualified person ever to seek the U.S. Presidency, and Donald Trump had no experience whatsoever
* And the establishment had already sworn in Hillary Clinton; it was pretty much a foregone conclusion that she was going to win
* I think she was almost a 10:1 favorite even on the day of the polls
* Even the early exit polls were predicting a Clinton win
* All the while, I felt in my gut that Donald Trump was going to win this election
* Why did I think he had such a strong probability of winning?
* I understood what almost no one in the mainstream media got, and that is the phony nature of the U.S. recovery
* The entire time President Obama was congratulating himself for having gotten us out of the mess created by his predecessor, and bragging about the strength of the recovery
* And labeling all critics as "fiction peddlers"
* I understood that the "fiction that was peddled" was in fact, reality
* And the real fiction peddler was the Commander in Chief
* Not only President Obama, but the Federal Reserve - Janet Yellen and the rest of her cronies at the Fed
* Constantly talking up the U.S. recovery and how the strengthening recovery would somehow result in higher interest rates
* Of course, Wall Street had a vested interest in peddling that fiction
* So everybody believed that the economy was strong, and therefore the voters would want to sign up for 4 more years
* After all, if Obama was responsible for the recovery voters would want to continue that recovery under Clinton
* They would not want to go back to the supposed failed policies of Bush that somehow would be adopted by Trump
* I knew that the entire recovery was an illusion
* And it simply existed in the minds of the people who fabricated it


Our Sponsors:
* Check out GhostBed: https://ghostbed.com/PETER
* Check out Quince: https://quince.com/GOLD
* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com


Privacy & Opt-Out: https://redcircle.com/privacy
...more
View all episodesView all episodes
Download on the App Store

The Peter Schiff Show PodcastBy Peter Schiff

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

5,569 ratings


More shows like The Peter Schiff Show Podcast

View all
Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,851 Listeners

Peak Prosperity by Chris Martenson

Peak Prosperity

565 Listeners

Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,073 Listeners

The Tom Woods Show by Tom Woods

The Tom Woods Show

3,363 Listeners

Ron Paul Liberty Report by Ron Paul Liberty Report

Ron Paul Liberty Report

2,279 Listeners

Quoth the Raven by Quoth the Raven

Quoth the Raven

943 Listeners

Gold Goats 'n Guns Podcast by Tom Luongo

Gold Goats 'n Guns Podcast

334 Listeners

Palisades Gold Radio by Collin Kettell

Palisades Gold Radio

269 Listeners

Rebel Capitalist News by George Gammon

Rebel Capitalist News

1,030 Listeners

Eurodollar University by Jeff Snider

Eurodollar University

461 Listeners

The Grant Williams Podcast by Grant Williams

The Grant Williams Podcast

1,342 Listeners

Wealthion - Be Financially Resilient by Wealthion

Wealthion - Be Financially Resilient

372 Listeners

Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

Thoughtful Money with Adam Taggart

423 Listeners

The Julia La Roche Show by Julia La Roche

The Julia La Roche Show

82 Listeners

The David Lin Report by The David Lin Report

The David Lin Report

42 Listeners