Peter Schiff says the bond market didn't break recently, it broke in 2020, and everything since has been a slow unwind. Peter Schiff says the bond market didnât break recently, it broke in 2020, and everything since has been a slow unwind. Across this conversation with Grace Remington and Sean Hagan, he connects rising Treasury yields, the Fedâs expected rate decision, the dollarâs loss of purchasing power, and the central bank rush into gold.
He argues that a stock selloff driven by higher rates would be deeply bearish for Bitcoin and the broader crypto market, and that political capital in Washington has already turned against it. The episode ends with Schiff and the hosts going head to head on whether anything actually backs Bitcoin. , Bitcoin Magazine, or any affiliated entities.
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