‘China wants to back its currency with gold while the dollar is backed by nothing. That’s checkmate’ – Peter Schiff

Feb 2nd 2026 12:19pm EST

In this episode of RT’s Sanchez Effect, Rick attempts to take care of your pocket. Joined by Peter Schiff, the chief economist and global strategist at Europac.com, they talk about the Chinese intent to oust the dollar as the reserve currency and set up the Yuan in this role. Mr. Schiff says Beijing has all the […]

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