저자: PeterSchiff · 외국인
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Peter Schiff은 인플레이션을 통화량 팽창으로 정의하며, 정부·중앙은행의 화폐 증발이 인플레이션을 만들고 이는 사실상 세금이라고 주장한다. 정치인은 재선을 위해 기부자와 국익 대신 자기 이익을 우선한다고 비판한다. 또 1800~1900년 미국 CPI 사례를 들어 장기 디플레이션이 오히려 바람직했다고 말한다. 테크 기업들이 광고 수익에 의존하는데 소비자 구매력이 약해지면 광고 수입이 사라져 고평가 기술주가 급락할 수 있다고 경고한다.
다듬은 글
a lot of these tech companies you know all their income is from advertising they give away the products and they and and they have advertisers but if the consumers can't afford to buy products that the advertisers are advertising then all that ad Revenue goes away and a lot of these uh tech companies that have these really high multiples you know they're going to come crashing downto family welcome back to the channel Aaron here from the Bitcoin Bros is coming back at you with another video today if you're new we come up with new Bitcoin crypto Finance related content and in today's clip we're going to be talking about Peter shift and he's going to be talking about why we're going to be going into a big depression and who is causing it make sure to watch this one to the end and leave your thoughts in the comment section below the Bitcoin Bros do not agree with Peter shiff we do not believe we are going into a recession but it's always great to get different viewpoints let us know what you guys think in the comment section below let's go ahead and play the clip all right well there's a lot there but I think the the most pertinent thing that people need to to understand before they make any Investments really particularly now is inflation and the impact that inflation is going to have on the decisions that they make on their savings and their investment because inflation is probably a bigger threat now than it's ever been and therefore it's a even bigger factor in determining everything that we do and ultimately uh what the rewards are going to be or the returns from your Investments and and the reason I think that inflation is a bigger problem now than it's it's been in the past is because of the fiscal predicament that most of the major governments have you know put themselves in and and the fact that all politicians unfortunately and this is a a a fatal flaw in democracy is that politicians first and foremost care about themselves and their own political career and their own reelection that's what they do for a living they are career politicians and so you know like anybody else you know they're they're they're you know concerned about perpet way in their career and most people who are in politics they really enjoy it I mean they they they like all the perks that come with it uh you know you get a lot of uh you know respect if you're you know United States you're a congressman you're a senator uh you know it's it's a it's a career that a lot of people would would aspire to and once you get there you know once you get to Washington and I'm sure this is true in you know every you know country in Europe and all around the world that you know you you like it right you like the lifestyle you like The Prestige that comes with being a government official so you want to stay there right well how do you stay in office well you got to keep getting elected you know in the United States you know we get elections every two years right so politicians are are very concerned about you know the polls and they're constantly got their finger in the air seeing where the winds are blowing and they they don't want to say anything or do anything that might jeopardize their re-election and of course one of the most important things that you need to get reelected is you need a lot of money you need to spend money on advertising on television which is expensive and so you tend to cater to donors um whether it's a corporation or you know a union anyone that can provide a lot of money uh you need to do things that are in their interest and so what is usually sacrificed by these politicians is the national interest doing what's right for the country is secondary to doing what's right for themselves which unfortunately we have now fiat currency where governments don't need gold real money they could just create paper money out of thin air right they could just ma manufacture it digitally and there it is that enables governments to spend without collecting taxes they run these large deficits and they're able to print the difference and hand out that money so they can give people money without also taking the money away and now they don't mind taking money away from rich people because you know there's not as many of those right so they don't lose as many votes although certain rich people can uh donate a lot to their campaigns which often you know uh prevents the taxes from from getting too high but inflation I you asked for the definition inflation is really just another tax because governments create inflation and inflation is also probably one of the most misunderstood words in the English language and deliberately so I think governments around the world kind of led the campaign to redefine inflation so if you go back to the origin of the word and if you if you have a dictionary even from the 1980s a Webster's dictionary you'll get the real definition of inflation so inflation is an expansion of the money supply that's all it is deflation is a contraction of the money supply so if you even think about the word inflate inflate is to expand like a balloon if you if you fill a balloon with air it expands so with inflation what's being expanded is the money supply and who expands the money supply governments you know or they they do it It generally now through a central bank but it's the central banks of these governments that are expanding the money supply now when you expand the money supply you have more money well if you have more money but you don't have more stuff to buy well the price of everything goes up that's just basic economic supply and demand the more money there is the less each individual monetary unit is worth and now prices go up now what governments have done is they've said price is going up that's inflation no it's not that is the consequence of inflation because prices don't expand prices go up and down as a result of inflation now what happens is sometimes prices don't go up but you still have inflation and that's because without that inflation prices would have gone down and if prices don't go down because government creates inflation that still represents a loss to the people because they lost the benefit of lower prices because in capitalism the tendency of capitalism is to reduce prices that's why it's so good because you keep coming up with better ways of producing more efficient ways economies of scale if you look at the CPI for example in the United States in in in 1800 and then you look at the same CPI in 1900 and they have the data prices were cut in half you had a 100-year period where you had deflation or you know the money or pric is falling for 100 years uh and that was a good thing you know all the politicians now tell us that we need prices to go up that we must have inflation you know the way they Define it of 2% a year why why do prices have to go up every year why can't they go down every year isn't that better if stuff gets cheaper you know if the cost of living goes down of course it is but these politicians are trying to sell this lie to the public that Rising prices are somehow necessary for prosperity and thank you for watching all the way to the end of the video if you found any value in that one make sure to hit the like button like I said earlier leave your thoughts in the comment section below love to hear from you guys but my name is Aaron from the Bitcoin Bros I'll see you in the next one have a great rest of your day
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