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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