
Schiff on “Let’s Talk Geopolitics:” The Debt Trap Springs Shut
Interviews | SchiffGold | 20 Oct, 2026
Last week, Peter joined Cyrus and Alex on the “Let’s Talk Geopolitics” podcast to lay out why he believes America’s fiscal and monetary situation has reached a point of no return. He walks through the choice between hyperinflation and outright default, criticizes Trump’s handling of the economy heading into the midterms, and explains why gold, not a rival currency, is poised to replace the dollar as the world’s reserve asset.
bond yields
central banks
debt crisis
Donald Trump
Federal Reserve
financial crisis
gold
housing market
hyperinflation
monetary policy
national debt
Peter Schiff
reserve currency
sovereign default
Treasury bonds
US dollar