Peter Schiff Criticizes Trump’s Mars Landing Promise, Drawing Parallels to 1970s Inflation

Gold advocate Peter Schiff has expressed concerns about former President Donald Trump’s recent promise of a Mars landing, drawing parallels between current economic challenges and historical spending on space exploration and social programs. Schiff argues that the U.S.’s financial situation is worse now than during the 1970s, when spending on the Great Society, the War on Poverty, and the Vietnam War led to high inflation. Meanwhile, Elon Musk has laid out ambitious plans for Mars exploration, aiming to launch uncrewed Starships within two years and potentially send crewed missions in four years. Despite supporting SpaceX’s mission, Schiff remains against government involvement in Mars travel.

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