We Need Another Emancipation. This Time From Our Own Government

Iran deal dead. DOGE dead. Saylor selling at a loss. Medieval serfs kept more of their income than you do. I warned you about all of it.

This episode is sponsored by DripDrop. Stock up now at http://dripdrop.com and use promo code GOLD for 20% off

This episode is also sponsored by Rockwell Automation. Download their 11th Annual State of Smart Manufacturing Report at https://rok.auto/sosm

The Iran peace deal collapsed and the war is back on, with Trump acknowledging he was "two weeks from a depression" when he agreed to the MOU — a confession Peter Schiff says handed Iran all the leverage. Oil jumped 6% to $75, but the real story is bond yields: the 10-year hit 4.58% and the 30-year 5.07% — nearly at cycle highs despite oil being 25% below its peak, proving the debt, not the war, is driving yields higher.

FOMC minutes revealed that 9 of 13 members now support rate hikes after zero did just 90 days ago — theatrics Schiff says Warsh is orchestrating to appear hawkish without ever delivering. The May goods trade deficit exploded to $106.5 billion despite Trump's tariffs, continuing the pattern from his first term. DOGE was officially shut down with zero spending cuts achieved. Strategy sold 3,588 Bitcoin at a $15,000 per coin loss while Stretch sank to $86, and Trump's new savings accounts give kids $1,000 in borrowed money they'll repay through inflation. Schiff closes by noting that medieval serfs kept 75% of their output — more than the average American keeps today — making modern taxpayers lower in status than feudal peasants.

Chapters:

00:00 Freedom Versus Slavery

00:46 Iran Deal Collapses

05:04 Markets React to War

07:15 Oil Bonds and AI Bubble

16:17 Fed Minutes Rate Hike Theater

21:28 Tariffs Inflation Excuses

26:10 Real Rates and Debt Trap

27:41 Trade Deficit Reality Check

30:03 AI Threat to Services Surplus

32:32 Democracy Deficits and Rights

34:59 Rights And Healthcare

36:28 Housing And Free Markets

40:08 Tax Cuts And Wealth Theft

45:55 Taxes And Modern Slavery

48:25 DOGE Shutdown And Bitcoin Crash

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 $255 off! Visit 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 TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com


Privacy & Opt-Out: https://redcircle.com/privacy