The Peter Schiff Show Podcast

Iran Won the War, Adam Schiff Wants Your Money, and Japan Is About to Blow Up

The Peter Schiff Show Podcast

Show Notes

Iran's regime survived, got $300B, and we reopened what we closed. Adam Schiff wants to steal Musk's trillion. Japan is about to blow.

This episode is sponsored by Zapier. Get started for free at https://zapier.com/gold

The Iran MOU is being celebrated as a great victory, but Peter Schiff argues it achieved nothing more than returning to pre-war conditions: no fighting and the Strait of Hormuz open — both of which were true before the war started. Iran's regime survived, got immediate sanctions relief, access to a $300 billion investment fund, and frozen assets returned. The only concession is a promise not to develop nuclear weapons — the same promise they were making before the war that Trump said wasn't good enough.

Schiff dismantles Adam Schiff's viral video calling for confiscation of Elon Musk's trillion-dollar wealth, showing that dumping that much stock would crash the price to a fraction of its value, destroy two companies, eliminate the incentive for future entrepreneurs, and give each household a one-time $7,500 check they'd spend in a week — the communist promise that has failed every time it's been tried. California's billionaire wealth tax made the ballot, threatening a 5% annual levy that would trigger a mass exodus. Meanwhile, Japan's debt crisis is accelerating with the yen breaking down past 160, 10-year JGBs at 2.65%, and a debt-to-GDP ratio of 250% — at 4% interest rates, two-thirds of Japanese tax revenue would go to interest alone. Schiff calls it a preview of America's future.

Chapters: 00:00 Crisis Without a Plan 00:48 Father’s Day Intro 02:21 Iran MOU Reality Check 09:40 Who Really Wins the Deal 17:10 Wealth Inequality and Billionaire Taxes 31:16 Why Capital Matters 32:29 Panama Wealth Conference 33:47 Schiff vs Billionaires 35:00 Confiscation Fallout 42:43 Japan Yen Crisis 50:58 Gold Fed Reality Check 54:23 Accountability and Wrap Up

Follow @peterschiff X: https://twitter.com/peterschiff Instagram: https://instagram.com/peterschiff TikTok: https://tiktok.com/@peterschiffofficial Facebook: https://facebook.com/peterschiff

Our Sponsors: * Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com * Check out Plaud AI and use my code GOLD for a great deal: https://www.plaud.ai

Privacy & Opt-Out: https://redcircle.com/privacy

More from The Peter Schiff Show Podcast

Oct 21, 2026

Producer prices just annualized to 17%. Banks sit on $2 trillion in mortgage losses. Peter Schiff explains why 2008 and 2021 are both hitting at once.

Oct 17, 2026

Producer prices rose 1.3% in one month, 17% annualized. Gold and silver fell anyway, and that is a gift.

Oct 15, 2026

September prices rose 0.6%, or 7.4% annualized. Peter Schiff explains why the Fed has already lost the inflation fight and housing is next.

Oct 10, 2026

Consumers are more worried now than at 2022's 40-year inflation high. Peter Schiff shows why the 'greatest economy ever' is pure fiction.

Oct 7, 2026

Tariffs failed, imports hit a record, and France is rioting. Peter Schiff explains why America's sovereign debt crisis is next.

See all episodes →