#1508 - Peter Schiff

**Joe Rogan** (0:02)
Three, two, one, boom, here we go. Hello, Peter.

**Peter Schiff** (0:06)
Joe, good to see you, buddy. Nice to see you again.
Hold the style at least, but nice to see you.

**Joe Rogan** (0:10)
I like how you have the Euro Pacific Capital above your left shoulder. Very nice, very wise.

**Peter Schiff** (0:16)
Well, this is my studio in my basement here in Connecticut, where I'm hunkered down. But in honor of doing your show, I poured myself a glass of scotch.

**Joe Rogan** (0:24)
Oh, there you go.

**Peter Schiff** (0:25)
So I have it. And I'm sure you have something to drink, but I wanted to toast your Spotify deal.

**Joe Rogan** (0:30)
Oh, thank you very much. All right, I got a bottle of my good friend Josh Barnett's Warbringer War Master Edition Mesquite Smoked Whiskey. So I'll have a little bit of this.

**Peter Schiff** (0:41)
But here's to you and Spotify.
And you know, I think they're getting you cheap.
You probably could have held out for more money.

**Joe Rogan** (0:45)
Well, you don't know how much I got.

**Peter Schiff** (0:47)
Well, I just know what the public says. All right.

**Joe Rogan** (0:50)
They don't know how much I got either. But thank you very much.

**Peter Schiff** (0:52)
Well, good, if you got more, I'll drink to that too.

**Joe Rogan** (0:55)
I'm very happy. Spotify's awesome. I'm very happy. I'm just, I'm happy to be with a company where they have a vested interest in my success. Like we're together.
You know, whereas-

**Peter Schiff** (1:04)
That's the beauty of capitalism, right? Mutually beneficial, voluntary relationships.

**Joe Rogan** (1:10)
Yeah, there you go. Exactly. So why are you in Connecticut and not Puerto Rico?

**Peter Schiff** (1:14)
Well, you know, I live in Puerto Rico, and thanks to my appearance on your show, a lot of other people now live there too. I just gotta tell you how many people I run into, and they say, Peter, you know, I moved here because of you.
I say, really, how'd you hear about it? Oh, I'm Joe Rogan.

**Joe Rogan** (1:29)
That's amazing.

**Peter Schiff** (1:30)
A lot of people have come down here, but I don't think you've been to Puerto Rico.

**Joe Rogan** (1:34)
No, I've never been to Puerto Rico.

**Peter Schiff** (1:35)
Yeah, because you got an open invitation to come visit me. I'll put you up. I got a nice place on the beach for you.

**Joe Rogan** (1:41)
What's their COVID situation like? What's the COVID situation like down there?

**Peter Schiff** (1:45)
This is, it's hot now. It's July, August, and so I would rather be in Connecticut. I love the weather here in the summer, into the fall, and we still maintain a house here, the house that I lived in before we moved to Puerto Rico. So now this is more of a summer home. And so we're here for the summer, although we may be here into the fall. I think we will because the schools are gonna be remote now. So normally I would come back, the schools start in mid-August in Puerto Rico, so we would normally come back then, but since they're gonna be taking the classes online, we'll probably end up staying in Connecticut for a little longer, which I like. But I really enjoy Puerto Rico. It's a great place to live.
You can't beat the tax breaks, so this is gonna be an important thing, especially if Biden ends up winning, which it looks highly likely that that's gonna be the case. I think a lot more people are gonna be coming down there to try to escape what will be real confiscatory levels of taxation.
So people could look into it. But yeah, I mean, it's a real great place to be.

**Joe Rogan** (2:53)
Well, let's get into that. So you think that Biden has a very high likelihood of winning. Here we are, let's just, if people come upon this in the future. Today is the 14th of July, and we're a few months away from the election. You feel like it looks like Biden is moving into the direction of eventually winning.

**Peter Schiff** (3:13)
I think he's already moved in that direction. And so the question is, can Trump change that direction between now and election day? And I think it's gonna be very challenging. Maybe his best opportunity is gonna be the debates.
We'll see.

**Joe Rogan** (3:27)
I don't think they're gonna have them, though.

**Peter Schiff** (3:29)
But the big problem for Trump, and I voted for Trump the first time.
And I was initially gonna vote libertarian, which is something I do. And by the way, there's a candidate, Joe Jorgensen, who you should have on your show. I don't know if you've thought about it, but there is a woman running for president, and she will be on the ballot in every state, Joe Jorgensen, from the Libertarian Party. And so everybody who thinks there should be a woman president, I actually agree right now. And that's who we should elect.