Thanksgiving: How Capitalism Saved America From Socialism – Ep 754

* 2021 marks the most expensive Thanksgiving dinner ever. * Oil companies can’t pump oil as fast as the Fed can print money. * Pilgrims set sail for Communism, but landed on Capitalism. * Desperate Americans look to crypto as a ticket to wealth. * Bitcoin is fiat and people will lose faith in it like other fiats. * Alex Mashinsky of Celsius tells desperate Americans to take out loans to buy Bitcoin. * CNBC hosts an hour-long special shilling Bitcoin. * Cathie Woods is bullish on Bitcoin, but expects deflation. * Wherever inflation starts, it always ends up at the supermarket. * Fed can’t fight inflation and bail out the housing market at the same time. * Even Fed’s preferred data shows they are miles above their inflation target. One-of-a-kind financing program at https://netsuite.com/gold Go to https://shopify.com/gold for a FREE fourteen-day trial and get full access to Shopify’s entire suite of features. 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 me on Facebook: http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff Follow me on Instagram: https://Instagram.com/PeterSchiff Privacy & Opt-Out: https://redcircle.com/privacy

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Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast. The podcast focuses on weekly economic data analysis and unbiased coverage of financial news, both in the U.S. and global markets. As entertaining as he is informative, Peter packs decades of brilliant insight into every news item. Join the thousands of fans who have benefited from Peter's commitment to getting the real story out to the world.