How Subsidies Raise Prices Across Sectors

It’s not “Presidents’ Day.” Legally, it’s George Washington’s Birthday—and we’ve quietly erased the one American who actually deserves a national holiday.

- This episode is sponsored by ExpressVPN. Get an extra 4 months free. https://expressvpn.com/gold

In this episode, I explain how a 1968 law moved holidays to Mondays, how retail “Presidents’ Day” sales hijacked the meaning, and why Washington’s character matters: the war hero who survived what should’ve killed him, turned down a crown, stepped away after two terms, and personally led troops to put down the Whiskey Rebellion.

We also cover a modern contrast: government subsidies and incentives that raise prices, distort markets, and create the very “affordability” problems politicians pretend to solve.

Chapters:

00:00 Cold Open: No Friends in the Pits

00:20 Show Intro: The Peter Schiff Show Begins

00:55 Why It’s George Washington’s Birthday (Not “Presidents’ Day”)

02:46 How “Presidents’ Day” Sales Hijacked the Holiday

05:32 Washington’s Early Life & French and Indian War Heroics

09:22 Leading the Revolution: Beating the World’s Strongest Army

12:07 Turning Down a Crown & Setting the Two-Term Precedent

13:39 The Whiskey Rebellion: A President Who Led from the Front

16:27 Why Washington Deserves the Holiday (And the Modern Debate)

19:32 Pepsi Cuts Prices 15%: The SNAP Junk Food Policy Angle

23:08 The Bigger Lesson: Subsidies Raise Prices (College, Housing, More)

25:34 Why Subsidies Make Housing, College & Healthcare More Expensive

26:48 Trump on Keeping Home Prices High (and the Credit-Fueled Fix)

28:57 Affordability 101: Demand Down or Supply Up?

30:15 SNAP Benefits as Money Supply: How It Spills Into Everything

33:43 The Farm Subsidy Paradox: Paying to Raise Food Prices

38:31 Government Spending, Inflation, and the Case for Gold

39:11 Gold & Silver Levels + Why to Dump Bitcoin

40:37 MicroStrategy/Strategy and Michael Saylor: The “Legal Ponzi” Critique

47:23 Palm Beach “Trump Airport” Trademark Story

50:44 Wrap-Up: Calls to Action, Subscribing, and Sign-Off

Follow @peterschiff

X: https://twitter.com/peterschiff

Instagram: https://instagram.com/peterschiff

TikTok: https://tiktok.com/@peterschiffofficial

Facebook: https://facebook.com/peterschiff

Sign up for Peter's most valuable insights at https://schiffsovereign.com

Schiff Gold News: https://www.schiffgold.com/news

Free Reports & Market Updates: https://www.europac.com

Book Store: https://schiffradio.com/books

#PresidentsDay #WashingtonsBirthday #HistoryFacts

Our Sponsors:
* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com
* Check out GhostBed: https://ghostbed.com/PETER
* Check out Quince: https://quince.com/GOLD
* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com


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