Tag Archives: fiat money

Bitcoin: Why Those in Power Hate it!

Bitcoin has generated a lot of euphoria and distain across a variety of walks of life, as the rapid increase in its value, along with taking a lot of the other cryptocurrencies on a ride with it, has forced the media to cover it. It has also forced some of the entrenched powers – especially political and financial – to issue a seemingly endless number of warnings and caveats against bitcoin, although it is interestingly tempered by the fact the blockchain, which girds up the asset class, […]

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Peter Schiff on Defending Assets against Stock Market Bubble

Peter Schiff recently talked about his favorite way to survive what he sees as an unprecedented stock market bubble. He noted that the Federal Reserve has inflated three stock market bubbles already in the 21st century, and sees this one as the largest and most dangerous. Schiff says the way the government bailed out investors in 2001 and 2008 was by inflating an even larger bubble to take the place of the one that had just popped. He says he thinks this one is too big to […]

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