i hope u make it in ... By: lastpoet1. on 02 Jan 10, 09:34:39 i hope u make it in there to change the system cause the whole world will lose and starvation across the world will be? the norm am not green peace but i hate to see pain when its made by the bankers of the world cause there is no compassion from them
Your talking about ... By: idrobinhood. on 15 Dec 09, 07:27:05 Your talking about trickle down economics? with incentives by tax deductions.
What we have today is more like Triple Up Economics without incentives to invest into businesses of America.
ARMs are keeping ... By: idrobinhood. on 15 Dec 09, 07:22:58 ARMs are keeping the Fed from raising interest? rates. If rates went back up. Banks would within 4 to 6 months return back to defaulting and filing bankruptcy. The ARMs should have been forced into Fixed rates this year 2009. To late.
i am? soo lonelyy ... By: sesyyammber. on 08 Dec 09, 06:13:06 i am? soo lonelyy any one up for some chatting with a cute girl
well i? really want ... By: SexxyAmberii. on 10 Nov 09, 14:29:24 well i? really want to chat i have pics too^^
xoctor: I don't ... By: GuitarMatician. on 10 Nov 09, 04:35:47 xoctor: I don't think you watch Beck. Imm sure he believes everything he's saying & he's passionate about it & I don't care if you believe that or not; it's true. He is stating facts w/ VIDEO! And yes, people want to hear it b/c they want to KNOW what is going on. I think he has a healthy self-esteem & I think that's good. You have to, to be in the television industry. I imagine everyone on tv is a narcissist to? some degree. I'm an actor & I think I'm humble, but I have good self-esteem.
Beck is an ... By: xoctor. on 10 Nov 09, 00:54:48 Beck is an unprincipled populist? narcissist. He says what people want to hear, not because he believes it but because it makes him money.
Buffet? operates ... By: xoctor. on 10 Nov 09, 00:52:36 Buffet? operates within the system as it is. Suggesting he has to pay more than the system requires or he is not entitled to point out that the system is unfair is just silly.
He is doing the right thing calling for the system to be made fairer. The uber-wealthy already benefit disproportionately from the wealth of the USA. They can afford to contribute more, including contributing to ensure the government doesn't waste the people's money in ways that don't benefit the national interest.
Europa, I didn't ... By: GuitarMatician. on 09 Nov 09, 23:47:11 Europa, I didn't watch his tv show during the time of? the 1st bailout, but on his radio show I KNOW he was urging people to call their congressmen & senators to tell them to vote no & that included Bush's. I think he was for it for a couple of weeks till he learned more a/b it. As for the Patriot Act, I think a lot of people use to be for it for a while after 9/11 (my parents use to be) but after a while people realized how dangerous it's become & recently people are more interested in freedom.
Glenn Beck speaks ... By: europa. on 09 Nov 09, 20:51:48 Glenn Beck speaks on good subjects but he is a coporate shill, he was for the bailout,patriot act? and loved bush. he's just jumping on a movement
That may be so but ... By: clearasvodka. on 09 Nov 09, 10:03:12 That may be so but consider that solar? panels use silver. Green products like solar panels are going to be more available as time goes by. Also, consider that the world supply of silver is low. We certainly are not moving away from tech devices like computers and cell phones any time soon. These products contain silver. It's a great buy no matter how you look at it......
9th November 2009 ... By: MAJESTIC10110. on 09 Nov 09, 09:33:41 9th November 2009 will be the mother of all crashes, as everyone for Gold dashes. Silver too its price does swell as paper money goes to hell.
Money multiplies half again and silver is more than gold in ten.
Bread is 4 then 6 then 10, mouths will feel the? hunger then.
Keep your family safe from harm, silver coins work like a charm. Storing food is good for you as supermarkets raided too.
When man realises he controls the world through united mind and ways of old.
So being president ... By: Chainedorlo. on 08 Nov 09, 00:12:31 So being president of a? brokerage firm automatically makes you corrupt. Unless you pull up an fucking details, then you're just another shouting, incoherent moron.
Don't watch Beck.? By: Chainedorlo. on 08 Nov 09, 00:11:30 Don't watch Beck.?
I love economics & ... By: GuitarMatician. on 07 Nov 09, 08:35:46 I love economics & I'm glad I found your channel. I was wondering what party you are planning to run under? Republican, Conservative, Constitution? I'm? only 13 and I live in MO, but it's hard for me to find people on YT who know what they're talking a/b. I usually watch Beck everyday, but I missed it today cause I had play practice. I'll have to check it out on the YT site. I worry a/b my future as a kid who will be dealing w/ the mess when I get older. No one seems to care a/b us.
M0LONLABE
My, ... By: theunbubba. on 07 Nov 09, 01:41:59 M0LONLABE
My, aren't you? the propagandist.
Stooge for the Goldman Sachs Oligopoly.
we know who he his. ... By: M0LONLABE. on 07 Nov 09, 00:45:13 we know who he his... wonder why is president of a brokerage firm and is still allowed to speak way to freely about the corruption in? our financial markets and government? Think. Could he possibly be .... ummm .... think about it.... no red flags ring in your little head ...
MC,? Timing IS ... By: TraderSteveR. on 06 Nov 09, 23:52:05 MC,? Timing IS everything.
Elitist,not state ... By: Chainedorlo. on 06 Nov 09, 21:53:56 Elitist,not state who he is? You're just shouting incoherent ideas.? Why don't you be a little more detailed, or are you not capable of critical demand?
After reading Crash ... By: mcatalanello. on 06 Nov 09, 16:52:22 After reading Crash Proof, I opened an account with EuroPac in March, 2009 with 20K. Between then & now I added another? 12K. I know nothing about stocks, so followed my broker's recommendations. Today (11/9/09) my account is worth $47,013.51. Peter doesn't promise short-term profits, but I surely have made out over the short-term. Thank you, Peter!
Malik Nidal Hasan ... By: growliberty. on 06 Nov 09, 16:26:38 Malik Nidal Hasan ObayMao believer killed 13 and wounded 30 honorable innocent Americans at their home base in Ft Hood Texas. I heard he shouted God is Great as he opened fire. I also heard? he was pissed off that Obama is moving to slow in his support of Islam. Another Islamic terrorist Obama voter, typical America hating Democrat. And now ObayMaos congress pushes this Fing death bill though with the cover of fire. Stand up America, do what you can to stop these extremists. Fight the Bill!!!
Peter is doing a ... By: texascagematch. on 06 Nov 09, 14:19:41 Peter is doing a great deed for our country. Exposing? the government and corporate corruption that has, much like a malignant cancer, invaded the very foundation for which our country stands, he is one of the few in the media that i would call a real American. A real American stands up for the people. Let's not forget who's important here, it's us. We have to wake up and listen and learn about what's really going on around us, or the government will continue to strengthen it's self-serving grip.
Exactly, well ... By: M0LONLABE. on 06 Nov 09, 12:45:11 Exactly, well stated. Wouldn't trust this guy, way too easily played out. Now add the e-begging to it and it all starts to? stink.
Always looking ... By: Jozobrindie. on 06 Nov 09, 10:28:17 Always looking forward to your videos. Keep? up the good work!
Peter Shit I? mean ... By: EmeterioBetances. on 06 Nov 09, 07:12:21 Peter Shit I? mean Schiff GO FUCK YOURSELF!
@Mezocosm Also I ... By: fenrir270. on 05 Feb 12, 09:39:15 @Mezocosm Also I applaud your boldness as it is my understanding that zoophilia or bestiality is often... shall we say.... frowned upon? ?
-StayClassyYou
@Mezocosm I wasn't ... By: fenrir270. on 05 Feb 12, 09:38:53 @Mezocosm I wasn't aware of your apparent custom that one is supposed to use a picture of one's significant other as one's avatar. I imagined if I put a picture of my girlfriend it would create the impression that I myself am a girl. (how foolish of me). Now that I understand your position with regards to this issue I wish you and your monkey lover the? best of luck.
@Mezocosm Dear Mr. ... By: fenrir270. on 05 Feb 12, 09:38:28 @Mezocosm Dear Mr. Ron Paul Fanboy,
I realize the nature of your cult tends to limit the original thought you are capable of expressing through language, taken into consideration your comments about homosexuality are eloquence at its? finest! While I am flattered by your interest and pity your obvious sexual repression. No, I am not a homosexual, I've been in a committed relationship with a woman for the last 2 and a half years now.
@Mezocosm Dear Ron ... By: fenrir270. on 05 Feb 12, 09:27:49 @Mezocosm Dear Ron Paul Fanboy,
I realize the nature of your cult tends to limit the original thought you are capable of expressing through language, taken into consideration your comment on my? channel (homosexual) was eloquence at its finest! I am flattered by your inquiry, however to correct you, no I am not a homosexual and I am currently in a committed relationship with a woman.
@StayClassyYou ... By: Mezocosm. on 05 Feb 12, 09:27:34 @StayClassyYou Everything to you is a faggot game, because you never had any morality and you don't know what honesty is. Weakness Weakness Weakness. DOn't think I? will read you response I didn't read this one, revolting fetish mess
@Mezocosm? Dear Ron ... By: StayClassyYou. on 05 Feb 12, 09:08:17 @Mezocosm? Dear Ron Paul Fanboy,
Based on your avatar you appear to be a monkey....? In general this is the sign of an individual who requires anonymity. This need comes from being embarrassed of the things you say to others on the internet.
I have no such inhibitions, thus I have a picture of myself on the top of my channel from a family vacation to Costa Rica.
If you find issue with that, feel free to avert your eyes and follow the advice contained in my monicker.
@StayClassyYou I'm ... By: Mezocosm. on 05 Feb 12, 08:41:06 @StayClassyYou I'm not the one with a naked boy as an avatar with a name like stayclassy. weakness of choice made you spastic pervert asking? for equal rights
@Mezocosm Spoken ... By: StayClassyYou. on 05 Feb 12, 08:00:41 @Mezocosm Spoken like? a true fanboy!
@Mezocosm DeMint is ... By: residentzombie. on 03 Feb 12, 16:52:12 @Mezocosm DeMint is controlled? opposition just as Beck, Levin, and Dick Morris are. They are Irgun neocon supporters.
all debt must be ... By: MajorRugburn. on 02 Feb 12, 22:19:54 all debt must be forgiven and forgotten. that is the only? way to get out of this mess. and this is exactly what will happen.
So not supporting ... By: Batta0909. on 02 Feb 12, 21:43:38 So not supporting Ron Paul makes the? rest of your arguments wrong? Common people...
Jewish terrorist :
... By: Stevie68000. on 31 Jan 12, 18:41:54 Jewish terrorist :
Ex Israel Prime Minister, Yizhak? Rabin was killed by a Jewish terrorist, Yigal Amir.
Killed on :? November 4, 1995
Damn, people. Take ... By: weablez. on 31 Jan 12, 15:33:21 Damn, people. Take your allies where you can get them. There are few enough of us out there that understand the severity of the deficit problem to get all butthurt that he doesn't have the brass to stick his neck out there for Dr. Paul.
What would Ron Paul do? He'll work with anyone? where they have goals which coincide with his own. Maybe learn a thing or two from your hero.
He's just a ... By: steelhorses2004. on 31 Jan 12, 04:02:26 He's just a politico here to pimp his? book
Not buying your ... By: justatrey. on 31 Jan 12, 02:54:16 Not buying your book, Jim. Endorse Paul? you coward!
FFS why can't Jim ... By: justatrey. on 31 Jan 12, 02:51:02 FFS why can't Jim grow a pair and endorse Ron Paul?! Does he really believe the other establishment puppets will do anything but maintain the status quo?
Really disappointed in Jim. We have one last chance to save the country, and it's Ron? Paul in 2012. And Jim doesn't have the courage to stand up for what's right. Shame, shame, shame.
Our only hope is in ... By: capitalistsamurai. on 31 Jan 12, 00:13:43 Our only hope is in the "soft landing (non-violent, voluntary decline, and tactical treat)" of? US economy under Ron Paul administration!
if demint really ... By: maddies1. on 30 Jan 12, 23:17:56 if demint really was on "our" side, he would go ahead and just endorse ron paul.
i kinda do not trust? him.
@theUSER101
"Only a ... By: maddies1. on 30 Jan 12, 23:15:08 @theUSER101
"Only a fucking idiot would vote? republicans in office."
i correct you, if i may.
-> only? fucking idiots vote status quo candidates like romney, gingrich, santorum or obama into office. smart people vote ron paul into office.
I live in South ... By: sbohandley. on 30 Jan 12, 20:07:43 I live in South Carolina and the state Senators that came out for Ron Paul are now getting rode roughshod by the? establishment for doing it....
We not only need to ... By: Plan9Kart. on 30 Jan 12, 18:20:32 We not only need to get rid of demonrats, but make sure they are replaced by actual conservatives, not the current crop of business as usual Limburger / Vanity RINO neo-cons! ? We need statesman, not career politicians. Our only hope is to clear house and fill it with people interested in upholding the Constitution, not the banksters. Put some research into whom you are about to vote...don't let prestitutes spin you into a vote; that's why we're in this mess!
Jim DeMint has some ... By: a4finger. on 30 Jan 12, 16:29:02 Jim DeMint has some pretty good stuff, too bad he doesn't want to publicly endorse Ron Paul. I think its cause hes from South Carolina, they make a lot of the weapons. That's why Ron Paul came in 4th. He wants to end the wars,? and those weapons manufacturers would go out of business and the South Carolinians are scared they'll lose their jobs. Unfortunately they don't realize they can get other, productive, jobs. Those that will create rather then destroy.
Ron Paul for President 2012!
WE HAVE A SOLUTION- ... By: reginaDexant. on 30 Jan 12, 15:33:53 WE HAVE A SOLUTION-IT'S THE? CONSTITUTION-RON PAUL 2012!!!!
Petey, you are ... By: highcottonquinn. on 30 Jan 12, 09:30:27 Petey, you are wearing my favorite shirt; that being said, everyone other than Ron Paul is just blowing smoke up the American public's ass. They might hijack Ron's platform now to get themselves elected but they would never implement it, it will be business as usual and only a fool? would believe otherwise.
I'm so sick of ... By: 1776iscoming. on 30 Jan 12, 07:45:48 I'm so sick of people saying we need a new President when these people? in Congress could have had Obama out of office 3 years ago, heck he never should have even been allowed on the ballot, he was never even eligible. It's all a big game to these traitors.
The Schiff Report - January 25th 2012
I covered Obama's SOTU address in more depth on my radio show at www.schiffradio.com< br />
Follow me on Twitter @SchiffRadio.com
Friend me on Facebook.com/PeterSc hiff
Peter, I wish you ... By: FaithfreedomFFI. on 07 Feb 12, 00:55:39 Peter, I wish you became the president. I read your book and you? are the only person that makes sense.
You lost me when ... By: koboricci. on 07 Feb 12, 00:46:17 You lost me when you listed "freedom" among? the rigid values republicans cling to. Not that they don't, but that the term is meaningless. What are you really trying to say?
The republicans do ... By: Rubberjhon. on 06 Feb 12, 12:04:56 The republicans do not stand for liberty, they don't represent the? people but the corporations.
But there is hope there is one true republica? Ron Paul!!
Ron Paul 2012
@orangedac
... By: orangedac. on 06 Feb 12, 04:37:53 @orangedac
that's what everyone i meet buying gold/silver seems to think. everyone is thinking its headed for the moon. maybe its headed higher who knows. but there comes a point in every investment where it sells off and the majority go over the waterfall before? they know it.
i don't know where its headed. i'm not selling my physical gold, but for now i'm not buying any more either. if i were to buy, i'd buy mining shares. they have done rather poorly compared to the metal price.
the state of the ... By: drsmith963. on 06 Feb 12, 01:59:29 the state of the union? is the state of kaos...
@orangedac? You ... By: IBloodSweatTears. on 06 Feb 12, 00:20:03 @orangedac? You aint seen nothing yet in the silver market. When the dollar collapses. THEN you can say it's getting crowded. People are still asleep to gold and silver. Some people even think they are bubbles. But there is nothing to pop.
Look obama is super ... By: gnaples. on 05 Feb 12, 20:25:44 Look obama is super smart and is trying hard. He is a good family man, hhahahahaha- I couldnt keep going -I wouldnt hire Obama to write my lease- he seems so profoundly,? unalterably stupid. Let me hear him give a 5 minute speech on some area of the law, he is supposed to be a fantastic lawyer. His explanations on all topics are on a 3rd grade level and his decision-making buttresses that.
@IBloodSweatTears ... By: orangedac. on 05 Feb 12, 05:46:46 @IBloodSweatTears
the gold & silver trade is already very crowded. too many people buying thinking its headed to the moon. the whole commodity bandwagon is very crowded. that's why i've dropped out of it.
i still keep physical gold and will do so? for the rest of my life just in case i'm wrong. but i don't think i'm going to get rich off it.
@orangedac Secure ... By: IBloodSweatTears. on 04 Feb 12, 22:09:09 @orangedac Secure your assets. gold & Silver. Silver is more affordable. Slowly purchase 90? percent silver coins (90 percent silver quarters, other 90% silver coins.) and American Eagle silver coins. Aswell as copper bullion. Silver & Gold mining stocks. Other secure stock investment including agriculture (since, even if we collapse completely, we will still need to eat.)
Schiff-onomics? = ... By: dumba55nsf. on 04 Feb 12, 17:34:38 Schiff-onomics? = Truth-onomics
the biggest problem ... By: orangedac. on 04 Feb 12, 09:56:19 the biggest problem the economy faces is that 20% of people are in banking, government, goldman sachs, paper shuffling... basically activies that are of no real benefit to the economy and exist only on account of scamming money out of the productive economy.
In a nutshell, that is the problem. Bernanke, for instance, needs to get a real job instead of pretending to know what ails the economy. He's really just doing the bidding of his cronies the banks while pretending to "help" society.?
the Federal Reserve ... By: orangedac. on 04 Feb 12, 09:49:21 the Federal Reserve is destroying my savings and my health along? with it.
@naadabindu One ... By: parkerjhansen1. on 03 Feb 12, 03:20:36 @naadabindu One only has to wonder how long the Chinese worker will continue to work for a $1 per? hour, one day these workers will demand better pay. How will this affect their economy? On the other hand I don't see how American auto-manufacturors can still afford to pay people $100k per year to work on the line...no business can survive with overpaid staff. I suppose we live in interesting times.
Love Peter. But ... By: naadabindu. on 03 Feb 12, 00:29:51 Love Peter. But many? times the american worker is not paid to much. I dont see how american workers are supposed to compete with a third world minimum wage (globilization=cheap labor supply) and survive in an american environment. thats importing poverty. The prices rise while the worker gets squeezed for ever growing corp. profits. I know this is over-simplified, obiously there is too much distortion in the markets to begin with. hell, the profit margins are a distortion of the markets.
@murfdog19 ... By: mrmonnet. on 02 Feb 12, 19:34:21 @murfdog19 Communist??? You are truly showing your ignorance!!! Its 2012 you should know that both parties consist of the elite who want to bankrupt this country and form? a one world govt. TURN FOX NEWS OFF AND PAY ATTENTION IDIOT!!!
@mrmonnet Then? go ... By: murfdog19. on 02 Feb 12, 15:55:47 @mrmonnet Then? go move to China you communist!!
He's true,? 100 ... By: dreamslides. on 02 Feb 12, 08:06:47 He's true,? 100 people got laid off at a warehouse I know of
@murfdog19 Its ... By: mrmonnet. on 01 Feb 12, 22:47:51 @murfdog19 Its 2012? and you idiots still argue over Dems and Reps...Pathetic!!!!!!!!!!!!!!!!!!!
I just wish I had ... By: hobahtac. on 01 Feb 12, 18:40:39 I just wish I had been there to see Schiff? jump out of his seat when Obama pivoted to college tuition
@BottleYourBrand Ha ... By: murfdog19. on 01 Feb 12, 17:47:29 @BottleYourBrand Ha. Maybe he should run for president and show us how? it's done. Armchair presidents are worse than armchair quarterbacks.
@murfdog19 If you ... By: BottleYourBrand. on 01 Feb 12, 17:08:51 @murfdog19 If you listen to Schiff in the past, he's no fan of W. Bush, he's an independent. He was equally critical? of GW.
The irony here is.. ... By: murfdog19. on 01 Feb 12, 16:21:08 The irony here is......republicans always like to credit the previous administration for our current state. Times were? good when Clinton was in office; give the credit to Reagan and Bush. Times were bad when G.W. Bush was in office; blame Clinton. Times are bad when Obama is in office; blame.......wait......Obama????
I'm beginning to ... By: iamtheghostwriter100. on 01 Feb 12, 08:00:36 I'm beginning to like the president. I begin to think the people of this country have it pretty good. Things are getting better. It was going bad for 7 years but Its not easy being president. However I can't see those that are running as president. Its as thou they don't know how to connect with most of the people. I don't need to? hear how to insult someone I need to hear what needs to be done to make this country work. I've only hear he president make sense on that topic. "Romney; really."
The last minute ... By: kemirockarfett. on 10 Feb 12, 00:18:56 The last minute says everything. The bankster buddy Frum shows his cards. He? is a fraud.
@TheOverworker stop ... By: kemirockarfett. on 10 Feb 12, 00:12:47 @TheOverworker stop drinking idiot.?
Frum owned him.? ... By: TheOverworker. on 08 Feb 12, 18:37:11 Frum owned him.? Schiff's gold opinions are ridiculous.
Peter... you should ... By: TheCapitalistdog. on 07 Feb 12, 10:28:53 Peter... you should let him finish his points, without interruption. Let the man expose his own idiocy, and then calmy point? it out for your listeners.
Anyways, I'm in no position to criticize you, but it's just kind of annoying when you interrupt him.
actually all the ... By: HanStanwell. on 03 Feb 12, 15:14:27 actually all the gold ever mined? could build a city the size of new york
7:52 the box will ... By: zuiprax. on 01 Feb 12, 15:10:01 7:52 the box will be worth more than the 10? million dollars :D
I hope mr frum had ... By: woodenmajor. on 01 Feb 12, 05:03:49 I hope mr frum had a nice flight back to Altair 4? or whatever planet he is living on ..
Jewish terrorist :
... By: Stevie68000. on 31 Jan 12, 18:42:50 Jewish terrorist :
Ex Israel? Prime Minister, Yizhak? Rabin was killed by a Jewish terrorist, Yigal Amir.
Killed on : November 4, 1995
How's? David Joseph ... By: DiscoProJoe. on 31 Jan 12, 13:31:55 How's? David Joseph Goebbels Frum doing today?
"if you buy gold ... By: ytgv3fc7. on 31 Jan 12, 05:17:43 "if you buy gold coins, that's the worst way to buy it"
what a NOOB. Gold coins retain a premium no matter what just for being a currency coin. Period. It never? goes away. We know what's coming, it's paper currency failure, and in those situations a person wants to see a coin, not a bar. It's neighbors or others in the city you'll trade those coins with NOT the bank. It's farmers, NOT the pawn shop. Currency non-numismatic silver & gold coins are the BEST format. Frum is a fuckwad.
what a douche. The ... By: ytgv3fc7. on 31 Jan 12, 05:15:47 what a douche. The single most manipulated and least ethical market is the treasuries market, not gold.?
Mr.? Frum is a ... By: justatrey. on 31 Jan 12, 02:03:42 Mr.? Frum is a giant douche.
Ron Paul 2012
Peter Schiff is ... By: marrazzousa. on 30 Jan 12, 13:32:30 Peter Schiff is great. I'm a big fan of his views, and his business. But when he starts acting like? Limbaugh and Hannity (worse actually) by talking over his opponents AND repeating himself to keep the floor, it becomes too tedious to see his views through his overinflated ego.
Peter, imagine how many potential converts to the cause that you turn away with that crap?
Please, take a rhetoric and public speaking class my friend.
LOL no inflation ... By: jimmyd3277. on 30 Jan 12, 12:30:01 LOL no inflation which? supermarket you shop at???
"Where you shopping ... By: ninadrsa. on 30 Jan 12, 07:13:28 "Where you shopping?!!" HAHA!?
The dollar will? be ... By: htiberian. on 30 Jan 12, 05:48:51 The dollar will? be gone in ten years, to be replaced by? - Amero, Atlanto, Yuan, gold, silver who knows?
@Scapone2001 yes, ... By: mootant. on 30 Jan 12, 03:33:27 @Scapone2001 yes, but on most TV shows he simply has to interrupt. Maybe it become a bit? too much of a habit for him.
i agree with ... By: Scapone2001. on 29 Jan 12, 07:51:22 i agree with gollywod peter was dead right as always but u cant keep interupting he does the same on tv and it comes across as condencending. again he is dead right tho on the facts?
CPI was 3% last ... By: AliceInWonderlandSyn. on 28 Jan 12, 08:41:27 CPI was 3% last year! Let us also not forget, that in 1971 the last link to gold was severed and in 1981, the way the government? calculates the CPI was changed to exclude oil, and food prices! Both of which have skyrocketed since then!
Has this guy never looked at a history book to see how much things cost 40 or 50 years ago?
What these paper money advocates never admit to is the simple fact that if you aren't gaining interest on your savings, you are always losing money!
Invisible? No ... By: justintempler. on 28 Jan 12, 02:38:56 Invisible? No wonder he wrote speeches for W. I'm in? my 50s My experience is that on average prices double every ten years.
Another point that ... By: petrfiddle. on 27 Jan 12, 21:13:15 Another point that can be made regarding the debt.. In 1815 post Napoleonic war period, there was a world wide depression. Britain national debt was 3 times the gdp - (this is 3x? as bad as the US debt is now). By 1845 the debt was paid off.
@petrfiddle And ... By: petrfiddle. on 27 Jan 12, 20:56:32 @petrfiddle And Spain was a backwater, until? the 1970s. All that gold did not help.
If you take a look ... By: petrfiddle. on 27 Jan 12, 20:55:33 If you take a look at history. In the 1500s Spain was the richest country in Europe and all the gold & silver it plundered from South & Central America over the next century only created inflation in Spain. Everything was more expensive in Spain than in the rest of Europe. Contrast this with humble Holland that fought a war to break away from Spain and then put its resources in fast ships, spice trade and the? 1st Stock Exchange, which led to Holland being the richest in Europe.
@TripDogg5 Yeah but ... By: dotsthots. on 27 Jan 12, 17:49:02 @TripDogg5 Yeah but David said gold was at all time highs. Yet another economist who is so easily fooled by prices? over value. I have to pinch myself to make sure I'm not dreaming sometimes.
I can't believe Peter didn't jump down his throat at that. I enjoy these interviews - when I hear the opposite view to mine, backed up with lack of research, myth and what I know is nonsense, it reinforces that I'm on the right track.
"The CPI rose 3.0 ... By: dotsthots. on 27 Jan 12, 17:45:19 "The CPI rose 3.0 percent in 2011 after a 1.5 percent increase in 2010. This was? the largest December-December increase since 2007."
Straight from bls(dot)gov /news.release/cpi.nr0.htm
The Peter Schiff Show with special guest Steve Forbes
Live from Charleston South Carolina - January 20th 2012
Follow me on Twitter @SchiffRadio
Friend me on Facebook.com/PeterSc hiff
Steve Forbes also ... By: HandyMan101. on 09 Feb 12, 05:35:34 Steve Forbes also did not see the? bubble.
Peter .... One ... By: justtxjim. on 06 Feb 12, 18:41:22 Peter .... One thing I might suggest ...? Your comments at the end about Democrats implies that the other party can do something better ... But the book "Grand Illusion: The Myth of Voter Choice in a Two-Party Tyranny" by Theresa Amato suggests we need to be sensitive. We definitely do not want to propagate this illusion that the democrat or republicans have any answers. Economic policy just doesn't change as you well know with either party.
@movieklump these ... By: straty01. on 03 Feb 12, 03:54:47 @movieklump these financial people are too disconnected, its all charts and economic laws? to them.
Bashing China? ... By: movieklump. on 01 Feb 12, 22:04:56 Bashing China? Listening to these filthy rich talk is sickening. China pays it's workers a pittance and their working conditions are so bad they commit suicide. But these fat cats ignore this. Also many restrictions on business in "civilized" countries are environmental. China's environment is a catastrophe? awaiting to happen. Why does Schiff interview this idiot? Because his daddy gave him money, pathetic.
Apparently Forbes & ... By: ytgv3fc7. on 30 Jan 12, 21:00:17 Apparently Forbes & Schiff want to deliberately ignore the truth about China: the wage for a day in China can't buy you 2 meals a day. Ever. Not in North America. Ever. That means it's impossible to remove regulations and wages to bring jobs back. It can't be done or people would? die on the job of starvation.
you? idiots, Ron ... By: gottagoat. on 29 Jan 12, 20:48:49 you? idiots, Ron Paul already has clarified his forein policies, and your still misrepresenting what he said, you need to hook up with main stream and act like all your listoners are stupid
@AlexanderLee1 I ... By: Packgammon. on 29 Jan 12, 08:48:38 @AlexanderLee1 I agree. Wiping off a regime is very different than wiping off a country, meaning the population. Threatened? by US´ and Israels gov with death and destruction, this reaction is understandable.
11? Communists ... By: bigtex1453. on 27 Jan 12, 23:29:35 11? Communists disliked this video.
@Kukainis Because ... By: residentzombie. on 26 Jan 12, 06:42:34 @Kukainis Because you don't know who the Irgun terrorists are. It's all about? the terrorist nation known as Israel. Ron Paul knows the crimes that the Irgun commit on a daily basis against the Palestine people ever since 1948. This is why Beck, Forbes, the majority of mainstream media, and most others attack him over the Israel issue and foreign policy of peace. The Irgun want to kill. Watch Youtube clip titled 'Ron Paul Exposes Neocons' to see he gets it.
What kind of people ... By: beancube2010. on 26 Jan 12, 03:30:31 What kind of people or organizations only can borrow huge sum of money now? They are those top 1% richest Billionaires. We? are seeing a new boom of credit swap market. Don't forget to fake some good credit records if you want to spawn unlimitedly. Homeless and unemployed right now? No problem. After you rob some rich people, you can construct yourselves into this unlimited worldwide ring for these boom of credit swap again. Make it a business cycle, just organize and rob some billionaires.
"I place economy ... By: T2Power. on 25 Jan 12, 10:35:09 "I place economy among the first and most important virtues, and public debt as the greatest? of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt."
-Thomas Jefferson
@Packgammon "Our ... By: AlexanderLee1. on 25 Jan 12, 10:33:56 @Packgammon "Our dear Imam said that? the occupying regime must be wiped off the map and this was a very wise statement. We cannot compromise over the issue of Palestine." -Ahmadinejad, as reported in a translation by The New York Times.
Haha, "Good luck ... By: AlexanderLee1. on 25 Jan 12, 10:29:47 Haha, "Good luck with Forbes." Just a? pet project Steve's been working on.
The? "CCC" Plan > ... By: iannetta11. on 24 Jan 12, 14:14:00 The? "CCC" Plan > Consistent, Conservative, Constitutional. > RON PAUL for President 2012!!
@Kukainis they are ... By: MajorRugburn. on 23 Jan 12, 19:15:24 @Kukainis they are not just "insecure about their dick size"? - WAR is BIG BUSINESS. young lives be damned.
@youdodat2 slave ... By: BadWithNames123. on 23 Jan 12, 13:56:57 @youdodat2 slave labor in china..
*rolling on the floor laughing..
seems like never been to a chinese city at all..
you stupid ignorant? bastard.. go rot in your cave.
Difficult to do ... By: Tressco. on 23 Jan 12, 03:59:06 Difficult to do business in China? Why could that be? Hmm...
...maybe because..it's full of Chinese, not? letting their economy being ripped apart by subsidized products of over-saturated "markets" that won't share/invest excessive wealth with/in their own country(men).
LOL. How do you ... By: youdodat2. on 22 Jan 12, 21:53:08 LOL. How do you compete against slave labor. Globalism is a race to the bottom gentlemen. The economic performance you talk of was Wall Street Ponzi Scheme Bullshit. What benefits Finance Capital is not necessarily what it is beneficial for the middle class. America is dying because of the agenda of paper pushers; and although I agree with you in principal Mr. Forbes, you and people like you are part of the problem.? The debt has to be liquidated and until I see you say it, I can only LOL.
YouTube "Peter ... By: NewVahan2011. on 22 Jan 12, 21:37:22 YouTube "Peter Schiff Considers Supporting an Attack on Iran" and draw? YOUR OWN conclusions.
@JejuLee
U think ... By: pipem4n. on 22 Jan 12, 18:33:02 @JejuLee
U think u're gonna pull anyone to go for that? U think u did me? I just post to laugh at u. Remember ad personam means u already lost :D?
Sounds like Peter ... By: NicosMind. on 22 Jan 12, 17:35:20 Sounds like Peter Schiff just had? a conversation with himself :P
He used to have ... By: nomoreserfs. on 22 Jan 12, 16:55:11 He used to have heated debates with guys like Forbes, now a guy like Forbes should be? president? Wow! WTF Peter.
Peter needs to run ... By: TheNewMusicNetwork. on 22 Jan 12, 11:00:23 Peter needs to run for president in 2016 along with Rand Paul and Tom Woods. Then we can see who gets the most traction and vote for that person.
Case? closed
Schiff,? Forbes and ... By: JejuLee. on 22 Jan 12, 03:42:56 Schiff,? Forbes and Romney: A regular manage-a-trois (circle jerk) of the silver spoons. Goes to show you can be honest and predict things 1000 criminally stupid economists can't predict, yet you can't overcome the genetic ignorance of a privileged childhood. Schiff should have shut up about 3 years ago...
The Forbes? Family ... By: hanyangwe. on 22 Jan 12, 01:17:37 The Forbes? Family got rich through drug dealing, he's nothing!
The Schiff Report
January 14, 2012
Listen to The Peter Schiff Show
Weekdays LIVE 10am-12noon ET
www.SchiffRadio.c om
Follow me on Twitter @SchiffRadio
Friend me on Facebook.com/PeterSc hiff
@madtrade Klas La? ... By: XESTISS. on 01 Feb 12, 01:24:22 @madtrade Klas La? Pouts!
@XESTISS you dont ... By: madtrade. on 31 Jan 12, 07:08:42 @XESTISS you dont even know what mean? decanter btw
@XESTISS c'est toi ... By: madtrade. on 31 Jan 12, 07:08:15 @XESTISS c'est toi qui va decanter mon pote? hahaha
There are some ... By: MrHuman2012. on 28 Jan 12, 10:24:55 There are some asian countries that don't trade with the USD anymore. Atleast not between themselves. maybe? a sign that the USD is close to a collapse.....
Sweden has AAA to.? By: MrHuman2012. on 28 Jan 12, 10:17:05 Sweden has AAA to.?
@ManufacturedLack
... By: pipem4n. on 27 Jan 12, 17:50:38 @ManufacturedLack
Simple answer is - money is not there. It's a giant ponzi scheme. No it's not possible to pay all of it back. Hardly any of it will be payed back. So gov. will print into oblivion and money will be soon worthless, system will do one of 2 things:
transform into tyranical total government possibly world wide, or banckrupt and? sober up with freedome refreshed.
Now you are talking ... By: pipem4n. on 27 Jan 12, 17:45:26 Now you are talking complete nonsence.
1. save for retirement, don't count on government it will rip you off
2. Boss is buying your work -you do not work slavishly for him, he ows you nothing
3. In the old? days people simply had kids that grew and supported their old age
4. We are all speculators. we decide when to buy, what buy, when to sell and what whether we work more or less, whether we produce & what we produce. You will add IF to all of above too.
profit provider?
@ManufacturedLack
... By: pipem4n. on 27 Jan 12, 17:35:34 @ManufacturedLack
Ment the? amish debt to other amishes
@ManufacturedLack
... By: pipem4n. on 27 Jan 12, 17:34:53 @ManufacturedLack
Whats your point? - you still have to make? me somehaw to build the damn barn because I do not like the idea of building it for you. On the other hand I would love you build me one without any pay form me.
US debt (total ... By: benjiheads. on 26 Jan 12, 12:19:30 US debt (total funded liability) stands at? 114 trillion its just a matter of time before the fan can only take so much poo hitting it
@pipem4n The ... By: ManufacturedLack. on 25 Jan 12, 22:16:11 @pipem4n The Retirement age keeps being raised because the managers of the system are hoping that workers will be dead before? they can collect their Retirement.
Take all of the alleged debt in the World, and then try to imagine how much "productivity" would be required in order to pay all of the alleged debt.
If every person owed got everything owed to them; what would the global distribution of wealth be? Where would the Money Go? Who is owed?
@pipem4n People ... By: ManufacturedLack. on 25 Jan 12, 22:02:44 @pipem4n People need retirement funds to pay all the for profit providers of basic life necessities. All the years that people worked to enrich their Boss was a waste of time. They should have been working at ensuring that they would have housing, electric and water for when they are too old to work, or fight for their rights. The people of a Town or City can own? and manage their own utilities. We don't need Speculators to do this. Possession is 9/10 of the Law.
@doughtymqan? Not ... By: OddRobb. on 25 Jan 12, 02:41:25 @doughtymqan? Not while I'm still breathing!
'MERICA!
@OddRobb Yes, but ... By: doughtymqan. on 25 Jan 12, 01:41:40 @OddRobb Yes, but they win in the short run.? Just long enough to loot everything and kill a few millions of people.
@doughtymqan ... By: OddRobb. on 25 Jan 12, 01:39:04 @doughtymqan communists are idiots too?
@OddRobb Not really ... By: doughtymqan. on 25 Jan 12, 01:36:08 @OddRobb Not really. He is winning. Communists cannot take over a country with a strong economy. First destroy? the middle class. The upper class will assume they are going to be in charge and can be destroyed later. The poor will do as they're told or else.
@pipem4n Which ... By: doughtymqan. on 25 Jan 12, 01:25:55 @pipem4n Which country, please? I am? studying this. Thank you.
I know when dollar ... By: vvikulin. on 24 Jan 12, 21:45:37 I know when dollar is going to fall down. It Will happen when American people check what is real money of theirs? investments.
@ManufacturedLack
... By: pipem4n. on 23 Jan 12, 17:28:01 @ManufacturedLack
Not really. A lot of this money is suppose to be retirement for a lot of peoples. They were? coerced to pay for this and now they will get nothing. I do the same - pay for my retirement which I know i won't get, If i didn't do that i could not do my job in my country. Of cource it's sick and immoral.
I just made one up ... By: pipem4n. on 23 Jan 12, 17:24:40 I just made one up ok? One lazy amish - what happens to him if he refuses to go build others barns? He's excluded from gis community or idk. ? U might as well tell me.
I just? think that amshes aren't free beacuse they have a build in debt to them - right? Like Japanese in the old days had an unpayable debt to emperor - son of god or sth like this.
@pipem4n Lazy Amish ... By: ManufacturedLack. on 23 Jan 12, 13:21:25 @pipem4n Lazy Amish? How many Amish people do you know? To be fair, the Amish Rulers are running the same scam as most Societies. The many at the bottom support the few at the top.
If a ruler at the top walks away, there isn't much change. If the people at the bottom walk away, the entire Monopoly Pyramid crashes. ?
Look around at all the Federal and State assets; then ask yourself, who has more to lose, should the system collapse. Who benefits the most, in the system they created?
@pipem4n The Debt ... By: ManufacturedLack. on 23 Jan 12, 13:11:45 @pipem4n The Debt problem is simple; don't pay it. Anyone who thinks that millions of tiny investors, all hoping for their $1.30 dividend on Americas Debt, will somehow be? disappointed, is sadly mistaken. The private Federal Reserve, the World Bank and the World's wealthiest people ARE the only people who benefit from all the Debt. Debt is their only product.
Denmark & Sweden ... By: Forexwarrior. on 21 Jan 12, 23:05:00 Denmark & Sweden also? have AAA rating...but Peter did not mention those countries..
@kennjohnsen Oops! ... By: XESTISS. on 20 Jan 12, 17:32:19 @kennjohnsen Oops! Sorry I meant "Drive Ways!" Silly me!?
@kennjohnsen Really ... By: XESTISS. on 20 Jan 12, 17:31:34 @kennjohnsen Really!? You mean I would have had 100 more Land Rovers in my drive way with 100 more? 6500 sq ft Homes? WOW! 100 more private jets G550? DAMN The FED! I need another bottle of Courvoisier? L'Esprit Decanter this shit is getting even more depressing by the post!
Ben from Long Island, NY: I read in The New York Post that corporations are holding onto $2 trillion of cash. What will make them want to spend to create productive jobs and invest in America?
Submit your webcast questions here: http://schiffradio.c om/contactus?loadFor m=4#contactForms
--->> Ron Paul 2012 ... By: ronpaul2012hope. on 14 Jan 12, 22:43:16 --->> Ron Paul 2012 --? MONEY BOMB --- TODAY!!
what happened to ... By: zuiprax. on 14 Jan 12, 14:48:38 what happened to the other? music??
@andrewbaker3000 ... By: BOZ11. on 14 Jan 12, 12:58:48 @andrewbaker3000 Yes we should borrow, and indulge in accountancy tricks and profit from arbitrage; no sight of an honest? day's pay yet!
The Fed actually ... By: pirucreek. on 10 Jan 12, 09:09:23 The Fed actually puts out a number for corporate debt in the Z.1 release. $7.6 trillion in debt public corporations hold.? Thus, earth calling Reich, Sanders, or Krugman, there in no cash and the cash they do have they lose 5% to inflation every year, another tax.
Give us back the ... By: seanfsq. on 07 Jan 12, 17:34:11 Give us back the Porn Intro?
It's not porn music ... By: OmegaRage. on 07 Jan 12, 11:18:05 It's not porn music, but the lyrics go something like this,
"They say that Schiff is a bad mutha"
"Shut yo mouth!"
"I was talkin'? about Schiff"
"Then we can dig it"
Can we see your tax ... By: Battones. on 07 Jan 12, 03:17:02 Can we see your tax report where it says? you pay 50%?
Hey Peter, Harry ... By: nico3641. on 05 Jan 12, 20:29:29 Hey Peter, Harry Dent's new book ("The Great Crash Ahead") calls you out. He? says that the next crash will see a stronger dollar just like in 2008 and therefore all gold and silver will go down because private debt is contracting. I would love to hear your response.
@Appitjuh you guys? ... By: danfg. on 05 Jan 12, 18:54:12 @Appitjuh you guys? kept calling it porn music, that's what happened :)
Another "1%"? ... By: idahosilverspelunker. on 04 Jan 12, 23:09:12 Another "1%"? whiner excuse. Get us Working or get packing buddy!!
@Panpiper How?
... By: sjholden. on 04 Jan 12, 19:31:25 @Panpiper How?
Say (not to be realistic but to keep the numbers easy) inflation is 2%/month and I can borrow at 1%/month. I borrow $1 million, at the end of a year (assuming it was interest only payments) I have? $1 million in debt and $880,000 in cash. Whereas if I didn't borrow it I'd have $0 in debt and $0 in cash and so be $120,000 better off.
The inflation rate doesn't factor in, unless I do something other than "just sit on it" and buy something.
I came in here ... By: DarthKrattus. on 04 Jan 12, 18:09:46 I came in here humming the porn tune. Then I? was hit by a rude shock.
Watch these videos: ... By: JagReport. on 04 Jan 12, 17:36:27 Watch these videos:
Silver Bottom watch?v=YBbq9CusYLo
Best Economists to follow watch?v=W4oGsaJN9qw? (Peter Schiff is number one)
@Panpiper you'd be ... By: BOZ11. on 04 Jan 12, 15:52:36 @Panpiper you'd be paying the interest? and suffering from inflation. double dip. they both rob you of purchasing power; they don't cancel each other out
@BOZ11 If the ... By: Panpiper. on 04 Jan 12, 15:37:41 @BOZ11 If the interest rate you pay is lower than the real inflation rate, then it makes perfect sense to borrow as much as? you can and then just sit on it.
@BOZ11 He failed to ... By: MudDauper. on 04 Jan 12, 07:04:08 @BOZ11 He failed to mention? that businesses are not spending money and investing in new employees because the economy is such that there is no building going on, low consumer spending, thus less products to sell. It's not all just tax issues.
off topic: I? hear ... By: dgmoocher. on 04 Jan 12, 06:18:12 off topic: I? hear a lot of "radio shows" that get "callers" (screened I'm sure) that always claim to have a million dollars and are in a quandary as to what to do it "it all during these times". Peter, what planet do these people come from? I know of nobody with this kind of money. Nobody! Thanks for the informative vid.
BLONDE HAIR? ... By: mkmason2002. on 04 Jan 12, 04:44:36 BLONDE HAIR? WHAT'S? WITH THAT?
It's not too late ... By: richardcadbury. on 04 Jan 12, 04:04:34 It's not too late to bring back the porn? music.
@BOZ11 they borrow ... By: andrewbaker3000. on 04 Jan 12, 03:44:52 @BOZ11 they borrow the money AT EXTREMELY LOW interest rates. This allows them to PLAY WITH THEIR BOOKS. In other words they can mess around with the accounting and mke it seem more attractive to investors .. in other words. I borrow money from the FED at 2%, I have make my business look very profitable and then I gain investors. Doing this on a level that most of these corporations are doing it will attract dumb investors and with the investments? it will off set the loans low interest loans
They'll invest the ... By: vanscoyoc. on 04 Jan 12, 03:38:20 They'll invest the cash? when they can no longer grow earnings by cutting costs.
This is a good song ... By: dubified89. on 04 Jan 12, 00:12:15 This is a good song though, I recognize it?
@sebholding exactly ... By: BOZ11. on 03 Jan 12, 23:49:17 @sebholding exactly. if you've no need for additional currency, you don't borrow AT INTEREST so it can just sit there; you'd have LESS DEBT in the first place if? you didn't borrow. makes no sense what he's saying
thanks for ... By: dukee155. on 03 Jan 12, 23:02:03 thanks for debunking all of these socialist arguments? I hear!!
Yep, defo need the ... By: lgarvey1979. on 03 Jan 12, 21:40:32 Yep, defo need the pr0n music back.?
John from San Diego, CA: The idea of having a gold-based debit card account is appealing. But I understand that your Euro Pacific Bank only deals with non-US citizens. Can you give us an update on this idea?
Submit your webcast questions here: http://schiffradio.c om/contactus?loadFor m=4#contactForms
@ytgv3fc7 the ... By: MsH1h1h1h1. on 17 Jan 12, 14:48:50 @ytgv3fc7 the american dollar is going upinvalue right now because EU? is crapping. watch gold value stabilize in 2012 and going down in 2013.
@MsH1h1h1h1 LOL ... By: ytgv3fc7. on 17 Jan 12, 07:17:58 @MsH1h1h1h1 LOL paperbugs?
what about in ... By: bigdaddytizzle1. on 08 Jan 12, 06:48:01 what about in australia????
What does Peter ... By: thunderballacks. on 07 Jan 12, 15:53:58 What does Peter Schiff say about Paul Krugmans latest flurry about how? the debt is not a problem because we owe it to ourselves.
LOL? gold bugs By: MsH1h1h1h1. on 05 Jan 12, 03:31:45 LOL? gold bugs
Land of the free,? ... By: TheRonDoe. on 04 Jan 12, 23:58:22 Land of the free,? baby!
lmao
how can? Peter have ... By: lonewolf1369. on 04 Jan 12, 22:39:47 how can? Peter have one if he's a citizen?
This sucks, U mean ... By: Romulan112. on 04 Jan 12, 19:29:22 This sucks, U mean because of that patriot act, I can't? have it here? I knew that patriot act was a smoke screen for something bigger than terrorism.
@chimpanchu To ... By: BonnieBlue2A. on 04 Jan 12, 17:30:08 @chimpanchu To understand the origins of? modern war is to understand economics.
Cute idea but I ... By: Equity213. on 04 Jan 12, 14:12:41 Cute idea but I like to save my gold and spend my paper notes, not? the other way around.
@AbdelClass ... By: puuuuuuch. on 04 Jan 12, 10:32:59 @AbdelClass Probably yes. But that's only assuming you spend all of it after the enormous price drop. However, the risk goes both ways - what if you buy $10k worth, and the value goes up by 20%? Now? you have a nominal $12k to spend.
Besides, usually gold prices go up during inflation, so we could assume that for the price to drop by a significant amount, we would have to experience deflation (?), meaning your purchasing power remains unchanged.
@rolficus I don't ... By: chimpanchu. on 04 Jan 12, 08:59:00 @rolficus I don't think Peter Schiff will make a good President. He knows very little when it comes to politics and war.? He does make a great economic advisor though!
@rickmalone270 I ... By: chimpanchu. on 04 Jan 12, 08:52:21 @rickmalone270 I wouldn't... not as long as Fiat cash still? worth something!
If Peter has a card ... By: HachiZenki. on 04 Jan 12, 05:57:32 If Peter has a card and? and has used the card does that mean he's not an American citizen or holds dual citizenship and does not declare the United States as his primary residency?
@LMIMSsoi Yes, I've ... By: chiyerano. on 04 Jan 12, 02:58:28 @LMIMSsoi Yes, I've been thinking about leaving the country myself, temporarily? though.
Why would anybody ... By: rickmalone270. on 04 Jan 12, 02:58:05 Why would anybody want to? spend their gold?
Problem is, if I ... By: AbdelClass. on 04 Jan 12, 00:47:15 Problem is, if I buy $10,000 worth of? gold on my card and gold price goes down 20%, now my nominal purchasing power is only $8,000.
correct?
@humanvegetable ... By: winnah2314. on 04 Jan 12, 00:37:59 @humanvegetable always keen for the? schiff porn music before the information porn :P
Can I reject my ... By: humanhiveanomaly. on 04 Jan 12, 00:28:09 Can I reject my citizenship? to get my card?
how about a link to ... By: ekkoinverted. on 04 Jan 12, 00:02:52 how about a link to where you can get this? gold-based debit card?
ron paul? 2012 By: kiel108. on 03 Jan 12, 23:34:01 ron paul? 2012
if pete cant be ... By: rolficus. on 03 Jan 12, 23:05:04 if pete cant be president vote? ron paul
peter? for president By: rolficus. on 03 Jan 12, 23:04:35 peter? for president
are the rest of you ... By: deshaebeasley. on 03 Jan 12, 22:14:40 are the rest of you guys having a problem beating off to this? music too? its not pornographic enough for me! :'(
The card is a good? ... By: LMIMSsoi. on 03 Jan 12, 21:30:50 The card is a good? idea. But people outside the US don't need it as much. It's people inside the US that need it. But for what I'm seeing over the last 18 months. Anyone in the US that can buy gold is also buying airline tickets and getting out. Especially if they have children
Senate majority leader Harry Reid argues that the rich simply do not create jobs...at all.
The Peter Schiff Show - 12/13/2011
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@vince33x and 33% ... By: vince33x. on 09 Feb 12, 22:01:14 @vince33x and 33% tax rate cuts on Cap Gains and Dividends. It was after? these cuts that revenues poured into the Federal treasury and we had 4 surpluses in a row. Capiche?
@VinnieCool13 Well, ... By: vince33x. on 09 Feb 12, 21:59:59 @VinnieCool13 Well, the last two economic expansions occured because of good policies: 1) The? Raegan tax rate cuts during the 80s, which led to almost 20 yrs of steady economic growth, stalled a little by GHW Bush's tax increases in Aug of '91 and Clinton's big tax hikes of Aug. '93. Republicans took control of House in Nov. '94 - the 1st time Republicans controlled the House in 40 yrs - remember ALL spending a revenue bills come from the House - and finally got Clinton to sign welfare reform
@VinnieCool13 The ... By: vince33x. on 09 Feb 12, 21:54:46 @VinnieCool13 The rate on Cap gains and dividends should be 0% and gov't should not be in the business of providing assistance? to anyone. That is a role for private charities.
@vince33x Ya, none ... By: VinnieCool13. on 09 Feb 12, 20:29:15 @vince33x Ya, none of us on left have any understanding of economics, that is why you couldn't respond to? my simple example because apparently people on right don't like numbers. And that is why we were better off during democratic Presidents and accumulated debt during republican.
@vince33x Lemme get ... By: VinnieCool13. on 09 Feb 12, 20:24:15 @vince33x Lemme get this straight. So you are saying that it is a good thing to cut? tax on capital gains and pay that by cutting welfare !!
@VinnieCool13 Yea ... By: vince33x. on 09 Feb 12, 05:52:00 @VinnieCool13 Yea but ur reducing their likelihood of? expanding or investing in new businesses. Taking on business risk is about expected returns vs. expected risks. Does anyone on the Left have any understanding of economics? So far, I've seen no evidence of it!
@VinnieCool13 As ... By: vince33x. on 09 Feb 12, 05:50:05 @VinnieCool13 As usual,? u miss the mark. Clinton raised taxes during his 1st term, using the same class warfare rhetoric as our current nitwit. He also vetoed welfare reform (twice), which brought about the 1st Republican-controlled House in 40 years, led by Newt Gingrich (1994). The Republicans forced Clinton's hand on welfare reform and then got the Senate and Clinton to agree to cut tax rates on Cap Gains and Dividends by 33% - and then we had 4 surpluses in a row!
@vince33x Clinton ... By: VinnieCool13. on 08 Feb 12, 20:35:01 @vince33x Clinton era, more taxes, zero debt, more wealth... does any of these ring a bell in your mind. Or do you think WW2 was more recent than? Clinton and earth is 6000 years old!
@vince33x no one is ... By: VinnieCool13. on 08 Feb 12, 20:32:59 @vince33x no one is going to close their business if profits go down 5% due to taxes. Instead they will put more money in business? to avoid taxes, which means more jobs.
@VinnieCool13 Don't ... By: vince33x. on 08 Feb 12, 20:25:02 @VinnieCool13 Don't u think it at all interesting that when the USA's taxes were much lower, we were the greatest wealth-producing nation on earth. Look what came out of that era (between the end of the Civil War and the start of WWI): Ford, GM, GE, du Pont, Flight, RRs, Westinghouse, Edison, Alternating current, Radio. Before 1920 there were 200+ car companies, the USA was an explosion of economic activity. But in today's gov't? schools they say it was the era of "robber barons." What horses@#t.
@VinnieCool13 Lemme ... By: vince33x. on 08 Feb 12, 20:20:05 @VinnieCool13 Lemme give u a little clue...NO PROFITS, NO BUSINESS, NO JOBS! Which of these don't you? get?
@vince33x You are ... By: VinnieCool13. on 08 Feb 12, 19:46:04 @vince33x You are just cherry picking things out of context. And haven't even addressed any of my claims.? On the taxes I was obviously talking about modern times. As regards pipe, I don't smoke, and if you do please stop because you've already lost the ability to pay attention to details.
@vince33x you ... By: VinnieCool13. on 08 Feb 12, 19:40:55 @vince33x you remind me of a special needs kid from high school. How many times do I need to remind you that we are discussing? jobs not profits.
@VinnieCool13 Let ... By: vince33x. on 08 Feb 12, 19:20:00 @VinnieCool13 Let me repeat...higher tax rates LOWER returns on invested capital - THIS IS NOT AN INCENTIVE TO EXPAND. By ur logic, we'd have big job gains? if tax rates were 100%. Seriously, r u "on the pipe?"
@vince33x? much ... By: vince33x. on 08 Feb 12, 19:17:40 @vince33x? much lower than today.
@VinnieCool13 When? ... By: vince33x. on 08 Feb 12, 19:17:25 @VinnieCool13 When? u make idiotic statements like this: "taxes on rich are all time? low..."
They are not an at an all-time low. Taxes were at an all-time low before WWI. With the exception of the Civil War era, no one in the USA paid any tax on income - indeed, the Supreme Court declared taxes on income were unconstitutional! That's why there was the 16th Amendment. The Constitution had to be AMENDED before the Feds could tax incomes. During the Harding and Coolidge Presidencies tax rates were
@vince33x Though it ... By: VinnieCool13. on 08 Feb 12, 18:08:45 @vince33x Though it doesn't seem very obvious but for a small business, other things being equal, an increase in tax rate of business owner will (in most cases) give them an incentive for reinvesting their gains and thus? creating jobs. Such jobs are not a drain on costs because the cause is business growth by reinvestment and not some kind of a govt incentive for creating jobs, which BTW almost never works or is temporary... and is socialism (again not so obvious)
@vince33x You are ... By: VinnieCool13. on 08 Feb 12, 18:03:02 @vince33x You are just making straw-man argument... I never said that businesses exist to create jobs. The discussion is not about the role of businesses or government, not even the purpose of taxes. What we are discussing is the effect of tax rates on job creation, particularly when taxes on rich are all time? low and there is a room to increase those without discouraging new businesses.
@VinnieCool13 In ... By: vince33x. on 08 Feb 12, 17:39:45 @VinnieCool13 In order to have an environment friendly to investment and expansion, you have to have a capital-friendly economy. Every time the nitwit (Obama) makes a speech it's? all about class warfare. Capital is sitting on the sidelines because this nitwit has no understanding of economic forces.
@VinnieCool13 ... By: vince33x. on 08 Feb 12, 17:37:37 @VinnieCool13 Answer one simple question: What business was ever started to "create jobs?" Labor is a COST. In any business that is managed effectively, ur always trying to reduce COST. So when I hear idiot politicians and pundits saying: "We've? got to 'create jobs.'" All they're really saying is "we've got to create added costs." It's patently stupid.
@vince33x The ... By: VinnieCool13. on 06 Feb 12, 23:22:18 @vince33x The example you've given only talks about profit and not jobs. We aren't talking profits here. That is not the issue in this country that rich are unable to get richer. The issue is poor can't survive, they don't have jobs, unemployment benefits run out before they get rehired. Social security is draining out. We don't have enough to pay our creditors. Many don't? have access to health care. Education system is struggling and reliance on foreign (skilled) worker increasing.
@vince33x ? If you ... By: VinnieCool13. on 06 Feb 12, 23:17:34 @vince33x ? If you really want job creation by tax reform the formula is to reduce taxes on low and middle income so they can spend more and increase taxes on super rich so they start investing more. The second part is little counter-intuitive, and that why I gave those numbers. If you don't like mine, replace by your own numbers and you'd have the same result.
@vince33x
I never ... By: VinnieCool13. on 06 Feb 12, 23:15:28 @vince33x
I never said it is the only way to create jobs, and there are examples in history when jobs were created for other reasons. That still does not prove that this method doesn't work, or hasn't worked. It was during? Clinton years when all debt was paid off and people still had enough "return on capital" to have a "pursuit for happiness". I am not saying that more return is not good, but the present day rhetoric is driven off greed.
@vince33x the cost ... By: vince33x. on 06 Feb 12, 06:13:19 @vince33x the cost of capital. If my net BIT is $100 and my tax rate is 10% my net after? taxes is $90. If u raise tax rates 50%, my net drops $85 - assuming those raised tax rates have no effect on my revenue or cost structure and that everyone else in the marketplace acts the same. This is, of course, nonsense.
@VinnieCool13 Ur ... By: vince33x. on 06 Feb 12, 06:10:38 @VinnieCool13 Ur just crafting an equation to come out the way you wish it to. But when you go back to the real world and look at what happened during the Reagan years, when we had the biggest tax cuts? in USA history, Capital came pouring into the USA. Companies like Toyota, Nissan, and Honda all built huge assembly operations in the USA. Ur analysis is just ur assumptions. But it is a fact, when u raise tax rates u reduce the return on capital AND capital formation, which drives up
@Dejavo Doesn't ... By: TWSceptic. on 23 Jan 12, 20:35:22 @Dejavo Doesn't seem like a problem in this particular video. He does that sometimes though and I agree? he could let his guest or callers speak a bit longer sometimes.
@bullshit3118 Can ... By: ElJefer. on 07 Jan 12, 21:06:52 @bullshit3118 Can you show me a source for JP Morgan setting fire to the tower? If he did, that's a criminal case that is covered by the free market.
Which Android are you talking about?
Companies don't have thoughts, so they can't care or not care about people.
You haven't answered my question about Bell's methods of keeping companies from competing. Notice that anger might mean you aren't as confident in your beliefs as you should? be.
@twk373 You talk ... By: drankin2112. on 06 Jan 12, 03:57:55 @twk373 You talk like an arrogant fuck stick who only parrots other peoples ideological ideas. I get it, the govt is evil and dollars should be swappable for gold. Blah, blah, blah. All you do is throw around Ayn Rand rhetoric and Ron Paul applause lines and think you've made an argument.
Ron Paul won't do well because his followers can't speak civilly with people who disagree. You claim victory immediately but can't? discuss the process of getting from A to B. So,? go fuck yourself now.
@drankin2112
No, ... By: twk373. on 05 Jan 12, 04:04:25 @drankin2112
No, you discredit yourself by being wrong.
What the fuck, exactly, is "fair competition?" FACT: no one is entitled to a loan--indeed, no one is ever entitled to some else's property. PERIOD. However, genius, lenders are looking to make a profit, thus they (shock!) do their best to only loan? to those who can pay it back with interest.
The FDIC as it has no hard money with which to guarantee anything, anyway--the "guarantee" is an lie, like Bernie Madoff's ponzi scheme. Wake up.
@twk373 You ... By: drankin2112. on 05 Jan 12, 01:40:53 @twk373 You discredit yourself by sounding hostile and tossing around insults for no reason. Lenders do pick winners when they eliminate fair competition and access to lending.? Businesses used to have many more lending sources than they do now. But that doesn't matter because you obviously put zero thought into the economic fallout that cancelling FDIC and SIPC would create. Instead, you just respond with extremely predictable rhetoric. Good luck.
@drankin2112
You ... By: twk373. on 04 Jan 12, 22:28:08 @drankin2112
You cannot be serious. No one "should" guarantee bank deposits. Are you insane? Now, if someone can make a PROFIT guaranteeing bank deposits (c.f., the insurance industry) then it's great.
The cookie jar is the government, silly. If you hate cookies such much, get rid of the jar.
Oh, it's very feasible to go back? to free banking. But statists are terrified of that because then they'll lose all their power.
@drankin2112
5) ... By: twk373. on 04 Jan 12, 22:23:35 @drankin2112
5) You are an idiot. Lenders do not pick "winners and losers." It is up to the borrower to demonstrate to the lender that they are a good bet.
6) In a free? market, everyone has equal access to capital, silly. You just mad that capital, in fact, has a price.
Leaked Gabrielle ... By: double92134. on 04 Jan 12, 14:10:41 Leaked Gabrielle Giffords PHOTOS EXCLUSIVE! ...from DallasGoldBug ?
@mrrobotica (9)
In ... By: drankin2112. on 31 Dec 11, 04:10:30 @mrrobotica (9)
In your world view, who do you see guaranteeing bank deposits? And, through what? mechanism do you enforce it? The only solution so far, that has worked, is to have the govt. do it and regulate the shit out of the banks who have thier hands in the cookie jar. It isn't feasable to just go back to pre 1933 banking.
@mrrobotica (8)
4) ... By: drankin2112. on 31 Dec 11, 04:10:18 @mrrobotica (8)
4) They can't be easily torn apart under threat of condition 1).
5) A small number of companies control most lending in a free society (picking winners and losers).
6) Capitalism isn't free or fair if businesses? don't have equal access to capital.
etc...
@mrrobotica (7)
... By: drankin2112. on 31 Dec 11, 04:09:48 @mrrobotica (7)
Without "some" system of guaranteed deposits, an economy like the US economy just isn't possible. How does this bank deleveraging create leverage over you?
1) The narrow visioned incompetence of a small number of bankers can destabilize local, national and global economies.
2) They can gamble with the implicit promise that you will cover thier losses in threat of condition 1).
3) They are exempt from prosecution because effective punishment would invoke? condition 1).
@mrrobotica (6)
... By: drankin2112. on 31 Dec 11, 04:09:20 @mrrobotica (6)
They invented a casino where they can legally gamble with the citizen's deposits with the implicit guarantee of FDIC insurance. This is a form of bank de-leveraging. The leverage is passed onto you. Prior to the 1930s, private banking was extremely unpopular among citizens for a litany of reasons that preceeded and culminated in the Great Depression of the 1930s. Prior to 1933, you literally deposited your money into? a bank with no warranty that you would ever get it back.
@mrrobotica (5)
... By: drankin2112. on 31 Dec 11, 04:08:44 @mrrobotica (5)
Not long after that the Derivitives and Credit Default Swap (CDS) markets were? born. They were invented by the investment bankers and, conveniently, are totally unregulated and demand no capital requirements from the commercial or investment banks that use them. In this system a single entity can write a loan, sell that loan, write insurance against that loan, and wager that the payor will default on that loan. None of these actions require the entity to depart with any money.
@mrrobotica (4)
... By: drankin2112. on 31 Dec 11, 04:08:30 @mrrobotica (4)
This gave commercial banks a complete competitive advantage over community banks because they could offer banking at nearly no cost to the consumer. Commercial banks don't compete with each other through pricing, they colude and fix prices on the front end. This leverage created a boom in commercial banking leaving? smaller banks to be bought out mainly for thier depository base and thier real estate.
@mrrobotica (3)
... By: drankin2112. on 31 Dec 11, 04:08:06 @mrrobotica (3)
Unfortunately, a society needs a system of laws to prevent such obvious and gross conflicts of interest from being exploited.? The first obvious change you could feel from this was that the profit model of the commecial banks moved from charging front-end banking fees, to selling and investing in back-end financial products. Around 2000, we started to see banks offering inhouse brokerage services.
@mrrobotica (2)
... By: drankin2112. on 31 Dec 11, 04:07:50 @mrrobotica (2)
Following the housing bubble, a handful of US banks had merged and acquired thier way into holding nearly 70% of the country's depository accounts. In 1999, a Glass-Steagall provision was repealed after 70 yrs of preventing the same holding company from controlling both a commercial bank and an investment bank. This restored an unethical point? of leverage whereby the granting of credit, and the use of credit, can be managed by the same entity.
@mrrobotica (1)
... By: drankin2112. on 31 Dec 11, 04:06:34 @mrrobotica (1)
Your post reads as if I owe you an explaination for something. Please don't do that. I am simply posting my view on youtube. You are implying either that corporations don't use leverage, which is silly, or that a mysterious force inherently prevents over-leveraging in an unregulated society. I will take the? time to offer you one simple and relevant example of overleveraging but it is only one example.
@drankin2112 ... By: mrrobotica. on 31 Dec 11, 00:50:56 @drankin2112 Explain to me this mechanism of leverage. How does it work in a completely capitalist society?? How is it a bad thing? Explain to me how this means we should be a mixed society.
@drankin2112 "Since ... By: jeffiek. on 31 Dec 11, 00:02:27 @drankin2112 "Since some ..... all regulations?"
You can be stupid enough to keep following the same failed path over and over again.
Just quit taking the rest of us with you.
". Captialism? is about one thing, leverage. "
Just shows you know absolutely NOTHING about capitalism and how wealth ( those goodies you and I enjoy every day - like the computer your using ) is created.
"We are a? mixed society."
What is this WE routine? I am not part of your "we"
@jeffiek Since some ... By: drankin2112. on 30 Dec 11, 23:55:00 @jeffiek Since some regulations are erronious we should remove all regulations? That argument is like saying that if you remove all laws, people will not commit crimes. It's not a question of ideological purity. Captialism is about one thing, leverage. Corporations will always use leverage over thier competitors, the? public, and thier employees to the maximum extent they can get away with legally. When the public gets over-leveraged, socialism gets introduced. We are a mixed society.
@drankin2112 "Six ... By: jeffiek. on 30 Dec 11, 19:11:49 @drankin2112 "Six banks ...."
The FED has been around since 1913. The FDIC since 1933. There are so many regulations on banking you couldn't read them all in your lifetime.
You want an answer to? the current economic crises? Why don't you ask the guys that have been in charge for decades? You clearly think they can solve things in spite of a 75+ year track record of failure.
"What stopped monopolies before monopoly laws? "
Nothing, there are none. Law creates monopolies.
Separation of ... By: ghostclownprophet. on 29 Dec 11, 05:57:05 Separation of church and state was a? good idea.
Separation of economy and state is a great idea.
Schiff Report 12/16/2011
Follow me on Twitter @SchiffRadio
Friend me on Facebook.com/PeterSc hiff
Read original Krugman piece here: http://krugman.blogs .nytimes.com/2011/12 /15/inflation-predic tions/
If Ron Paul got ... By: htiberian. on 01 Feb 12, 03:02:48 If Ron Paul got elected, I would like to see Peter Shiff as head of the Federal Reserve,? until it was demolished.
The amount of money ... By: alextraderify. on 31 Jan 12, 05:16:56 The amount of money you make is up to you, if you work hard at it you can? make $2,000 per day, if you want to do it part time for an hour per day you can easily make $200 per day. It's much easier to do than you think and if you'd like to see what this is all about. Come over to my website "Gold Trading Academy" and I'll show you.
@riversdirect Hedge ... By: TheManiacalSatanist6. on 26 Jan 12, 20:44:24 @riversdirect Hedge funds aren't selling gold anymore. The lowest Gold got was in the low $1,500s but? now Gold is trading at $1,722 an oz. and is still climbing up. What was that you were saying about the Gold Bubble bursting? Gold isn't a bubble, so you're sadly mistaken. Treasury Bonds are though, and that bubble is soon to burst within the next year or three.
Anybody who says ... By: SamuelMoralesJr. on 22 Jan 12, 02:34:48 Anybody who says that inflation is good, and that higher prices is good don't know the basic principle of economics. The basic principle of a any economy is to "economize." To economize is to create things cheaper, less use of physical labor to make thing easier, even safer. Ask a engineer what a? goal of a engineer is. The engineer will tell you the goal is to make things lighter, cheaper, even safer, and easier. Making things difficult, very heavy, expensive is easy to do.
@MrHabs1993 The ... By: Andersll11. on 19 Jan 12, 10:44:51 @MrHabs1993 The force is? strong with this one :D
@MrHabs1993 You're? ... By: Andersll11. on 18 Jan 12, 17:34:11 @MrHabs1993 You're? a monster!
@itachi705?
Its ... By: riversdirect. on 14 Jan 12, 00:29:23 @itachi705?
Its down today.
@riversdirect Annnd ... By: itachi705. on 13 Jan 12, 02:34:44 @riversdirect Annnd it? went back up again. Stable now, will explode like crazy in the future.
What does Peter ... By: thunderballacks. on 07 Jan 12, 15:53:37 What does Peter Schiff say about? Paul Krugmans latest flurry about how the debt is not a problem because we owe it to ourselves.
@zuluwhiskybravo? ... By: Anastrodamus. on 07 Jan 12, 05:16:54 @zuluwhiskybravo? doubt it
@itachi705
Gold ... By: riversdirect. on 06 Jan 12, 23:59:37 @itachi705
Gold fell? some more today donkey. Each day it falls MORE AND MORE. Who's the idiot again? idiot.
@Somadidonteven
PS ... By: riversdirect. on 06 Jan 12, 23:56:22 @Somadidonteven
PS, I don't make 7 figures but I do make 6 figures. How much do you make at Mc Donnalds? Have you made any money in gold? I didn't think so. The only investing i will be doing in gold is short selling it. ?
@Somadidonteven ... By: riversdirect. on 06 Jan 12, 23:52:38 @Somadidonteven Gold is a horrible investment. Peter is NOT a scholar he is a broker, gold dealer, and giant douche? bag . He has bought a ton of gold and now he wants all the lemmings to following into the ocean. A lot of people are going to loose their money listening to him.
@riversdirect You ... By: Somadidonteven. on 06 Jan 12, 09:37:40 @riversdirect You do realize that the United States has some major financial problems that spell inflation, that is? more QE's, in capital letters right? Gold can only go up. Peter never argues 100percent gold, he has simply always maintained the notion, gold is a very good investment, and he is absolutely right. Let me know when you are an employer in the financial industry, making 7 digit salaries. You are in no position to give any kind of advice, much less criticizing scholars.
@Szeven85
peter ... By: riversdirect. on 05 Jan 12, 14:15:20 @Szeven85
peter lets his political views cloud his financial judgment. His predictions? are loosing people money.
@itachi705
If I ... By: riversdirect. on 05 Jan 12, 14:13:59 @itachi705
If I was an idiot I would be buying gold. I short sell gold. Put your money where your mouth is itachi. Put all your money in gold? and watch it disappear.
@dnp4dnp?
Nice to ... By: riversdirect. on 05 Jan 12, 14:12:00 @dnp4dnp?
Nice to see some one who thinks for himself. Good call.
dear traders,? I ... By: FreeSTOCKnolossROBOT. on 05 Jan 12, 13:00:06 dear traders,? I have FREE STOCK ROBOT... which works pretty well, it's here if anybody looking for
krugman is? a retard By: Redeye1524. on 05 Jan 12, 03:21:27 krugman is? a retard
@riversdirect You ... By: itachi705. on 04 Jan 12, 22:03:55 @riversdirect You are a fucking idiot. Gold isn't bursting.? It fell 10% and is stable, fool.
@riversdirect? If ... By: itachi705. on 04 Jan 12, 22:01:48 @riversdirect? If you ever checked up on it you would have realized Schiff was talking long term and never gave a solid date.
@Truthpolice9698 ... By: MoneyIsSilver. on 01 Jan 12, 17:53:35 @Truthpolice9698 lol@"The Keynesian crap needs to be removed from the text books and condensed? into one chapter labeled "Economic Fairy Tales."
so true...I'm gonna have to start using that one!
UCLA Economics Debate
11/8/2011
Debate between Peter Schiff, David Rosnick, and Roger Farmer
Follow me on Twitter @SchiffRadio
Friend me on Facebook.com/PeterSc hiff
Wish i could see ... By: 1TheBusyBody94. on 08 Feb 12, 09:08:45 Wish i could see Peter's face when the Brit is? 1st talking
@thebackbencher666 ... By: KyleSkullz. on 06 Feb 12, 09:25:13 @thebackbencher666
There were plenty of conservatives that supported the baliouts... but? you're definitely right about the libertarians. :-)
Soo... Farmer is ... By: hagunadari. on 01 Feb 12, 01:23:52 Soo... Farmer is arguing that FED should control both the supply of money (and interest rates, so basicaly how much money you have) AND price levels (what you can afford), while still being independent from democratic government and that this was supposed to be right? REALLY?
That's like, the essence of total control on economics. Good God, if that guy is actually a consultant of FED (in? Atlanta), no wonder they screwed up so badly.
Gotta love how the ... By: thebackbencher666. on 31 Jan 12, 16:53:04 Gotta love how the left is now against the bail? outs. Not to mention anyone by name but the big conservatives on the right were against the bailouts from day 1. Of course no one beats the libertarians on getting the economy right for decades.
haha? ucla boners. By: halflifeproductionz. on 31 Jan 12, 05:52:31 haha? ucla boners.
Schiff knows his ... By: 17jjskater. on 27 Jan 12, 03:47:29 Schiff knows his shit!?
aks25aks : funny ... By: joemoby89. on 26 Jan 12, 02:23:35 aks25aks : funny you should say that...at one? time Peter was indeed Ron Paul's financial advisor
The other two ... By: DiscoProJoe. on 25 Jan 12, 16:31:21 The other two economists seem utterly oblivious to? the phrase, "No pain, no gain." They appear to be thinking, "Oh! We can never, ever allow people to bear hardship! That would be like Armageddon!"
But ironically, free-market capitalism works so much better than regulated crony capitalism. In spite of occasional hardships in a free market (such as stock crashes, bank runs, high unemployment, or new inventions rendering entire industries obsolete overnight), living standards rise dramatically.
Not even a contest, ... By: aks25aks. on 25 Jan 12, 07:23:53 Not even a contest, this is a fantastic debate! This makes the Republican debates look like a Third? Grade Play....Peter you need to be Ron Pauls running mate! Or top advisor!
Roger Farmer - ... By: dbmcmillan. on 24 Jan 12, 10:03:56 Roger Farmer - personality matches the name really. Amazing that people pay thousands of dollars for this guy to "teach" them.?
Goodness Peter ... By: dustinseth1. on 24 Jan 12, 01:45:24 Goodness Peter demolishes these? fools. Not even close.
This Farmer makes ... By: PrivateAckbar. on 23 Jan 12, 04:27:03 This Farmer makes me go a big rubbery one.?
"The rules of the ... By: PrivateAckbar. on 23 Jan 12, 03:19:55 "The rules of the game" and? the way it should be played is always to do what is most consistent with freedom.
"People will die if ... By: Thatmakessense356. on 22 Jan 12, 03:19:05 "People will die if unemployment benefits are not extended." Do we really live in a society? that is willing to keep poor people alive as long as someone else is paying for it? Or would it be more logical that a society willing to force people to keep others from starving would have a population large enough and wealthy enough, with good intentions enough to voluntarily keep people from starving on the streets?
I propose an idea ... By: Melki. on 21 Jan 12, 06:32:50 I propose an idea for a kind of bank that adjust principals of loans with CPI. So when inflation is 1% if I borrow 100 I should return 101, but if deflation was 1% I only have to return 99. Same apply to deposits, if you save money in a bank you get no interest but if you invest money in a bank? you get interest but your money should be able to be returned in alignment with CPI as well. So people get 2 types of bank accounts, 1. No Interest Savings account, 2. The investment account that earns.
@jiggie2g This is ... By: needtoalwayslearn. on 20 Jan 12, 09:18:33 @jiggie2g This is only obvious to those of us whom have taken the time to look at heterodox Economics, and considered the Epistemological issues.
The illusive trick is:How? do we get the message across.
@Kant419 Best ... By: needtoalwayslearn. on 20 Jan 12, 09:15:49 @Kant419 Best comment here. BTW do you think these "top academics" are aware of the? Epistemological differences between Kantian Rationalism and Logical Positivism ?
@ohai2yew I stand ... By: rushersftw. on 19 Jan 12, 17:19:50 @ohai2yew I stand corrected for the incorrect date.
I? still think Keynesian is a failure though :)
Hey? Peter, you ... By: TheMEK3. on 18 Jan 12, 21:38:53 Hey? Peter, you should give a speech here in Washington D.C. I would like to see you live.
@rushersftw Not to ... By: ohai2yew. on 18 Jan 12, 00:04:00 @rushersftw Not to diminish your point, but I think 1936 would be a better date given that was the year? Keynes' General Theory was published.
keynesian is a? ... By: rushersftw. on 16 Jan 12, 20:09:25 keynesian is a? failure since 1913.
@silverton7777 Well ... By: prasooncpascal. on 15 Jan 12, 15:53:34 @silverton7777 Well tell? him to wake up will ya
46:00 - 48:30
... By: TimeWarp66. on 14 Jan 12, 23:28:52 46:00 - 48:30
Peter is 100% right about student loans. The only way to get a decent job now is to get a masters degree and go deeper into debt and not start working till you turn 28!
Big government is destroying western civilization. Make it? stop!
Hey Rosnick...TA TA ... By: fiyahdave. on 14 Jan 12, 04:45:50 Hey Rosnick...TA TA TA TA? TODAY JUNIOR!!
Schiff did best on? ... By: cooljj82. on 12 Jan 12, 00:00:53 Schiff did best on? School Loans.
Lol, Newt is? a ... By: AtheistRightWing. on 05 Feb 12, 00:42:38 Lol, Newt is? a joke.
@ObsessedCyclist ... By: SuperGuitarman69. on 28 Jan 12, 16:31:02 @ObsessedCyclist Lol, that's true my friend..?
@SuperGuitarman69 ... By: ObsessedCyclist. on 27 Jan 12, 16:57:16 @SuperGuitarman69 The secret service will soon be visiting you...for THE THOUGHT crime you? just committed.
@TheSWTORMMO A few ... By: SuperGuitarman69. on 21 Jan 12, 23:53:31 @TheSWTORMMO A few key points.. To beat Obama it takes money.. Not one? of the candidates currently running can out raise campaign funds like Obama can.. Romney (who I like) hell I like all of the candidates, cannot out raise him.. It will take the debates to defeat him.. Romney cannot debate him when he held the same positions as Obama (AND WILL NOT SAY THEY WERE A MISTAKE).. Remember Reagan as well changed positions.. And he worked out pretty well didn't he?
@SuperGuitarman69 I ... By: TheSWTORMMO. on 21 Jan 12, 21:27:41 @SuperGuitarman69 I don't? understand what's so "great" about Newt? He's flip-flopped on SO many issues, and he's clearly a corrupt politician - ANYONE can come to that same conclusion just by briefly looking at his past.
@flareagaman Like ... By: RicoBoudreau. on 19 Jan 12, 13:45:06 @flareagaman Like myself with? NIA
I love Newt.. There ... By: SuperGuitarman69. on 17 Jan 12, 15:04:21 I love Newt.. There is a lot of great things about Newt.. But I cringed when he praised FDR? I got so pissed I could have punched him.. I agree with Peter on this one.. I personally wish they would have wheeled FDR off a cliff..?
Every time this ... By: flareagaman. on 16 Jan 12, 05:25:20 Every time this guy? is right I realize more how mislead I have been.
Gingrich is a ... By: MoeFoeChateau. on 14 Jan 12, 08:45:25 Gingrich is a racist bigot all around and it's a wonder in this day and age that anyone wouldn't head for the? hills when hearing his name.... but those die-hards that insist on supporting him should know that he is also very anti-women. Some of the things he's said about woman is enough to make milk curdle in my stomach. In short, he's a twisted man, who never got enough love. I felt I needed to say this because somehow people are looking past these points. Fox wants him to win.
@magentawave
... By: xMaXiMuSx. on 06 Jan 12, 13:38:39 @magentawave
well the current system is? non-viable but a different maybe. But yeah Schiff and Paul are right, if we had a sound monetary system we wouldnt need welfare..
RON? PAUL 2012! By: SuperSneakySteve. on 06 Jan 12, 03:37:23 RON? PAUL 2012!
@xMaXiMuSx - You're ... By: magentawave. on 06 Jan 12, 01:16:25 @xMaXiMuSx - You're not against welfare? Government? welfare, and all government programs are immoral because they violate the Non-Aggression Principle.
@jeanbaptiste1837 - ... By: magentawave. on 06 Jan 12, 01:14:03 @jeanbaptiste1837 - If you are a statist/progressive like Newt Gingrich or Ronald Reagan was, then of course you would see? FDR as being your hero.
@Orbknow - And I ... By: magentawave. on 06 Jan 12, 01:12:37 @Orbknow - And I wouldn't be surprised if? Ron Paul asks him or the Judge to be his running mate.
Peter Schiff is the ... By: lemccord. on 03 Jan 12, 22:51:57 Peter Schiff is the smartest, sexiest man on earth. ?
Ron Paul 2012
He ... By: RapsAlive. on 02 Jan 12, 08:26:32 Ron Paul 2012
He stands against bills like SOPA, NDAA? and the Patriot Act.
Less government spending, less? taxation, and a budget plan that works.
This man? has? been fighting for your personal freedom and the separation of congress from big business for years.
He has fought against the war on drugs, foreign wars, the federal reserve,and corporate bail outs.
He's no racist: search "The compassion of Dr. Ron Paul"? or look at the words of Walter Williams and Nelson Linder.
what is the song ... By: surajyoyo. on 02 Jan 12, 06:43:30 what is the song playing at like? 3:03
newt needs a head ... By: sprookafook. on 02 Jan 12, 02:24:26 newt needs a head change surgery, this moosehead white fuck needs? to get shot in the face by chenney.
I don't? know how ... By: jeanbaptiste1837. on 29 Dec 11, 06:49:00 I don't? know how Gingrich could have been so wrong in his opinion of FDR. Schiff is absolutely correct about the damage that FDR did and BHO is doing it again. Grover Cleveland is an example of a pre-progessive Democrat. We need to be strong and united against the progressive aggenda but we also need a strong national defense, meaning millitary.
@AnchorsAweigh2010 ... By: Follower172. on 29 Dec 11, 02:15:07 @AnchorsAweigh2010 nice! Naw. I like Shiff though. And I believe Capitalism is the best economic system, but I also think we don't have it, we have croney capitalism at best and downright corporatism at worst. I don't like the "bink banks" or wallstreet being in bed with government. Government is the proverbial head of the snake, cut it off, the body dies. I don't mean get rid of government, but I do mean blame them and change their? involvement.
@xMaXiMuSx You are ... By: noado51. on 28 Dec 11, 22:24:46 @xMaXiMuSx You are right.This system is broken and it was very predictable.The problem with the welfare system is that it encourages laziness. If we replace it with charity then people would do their best to be self sustaining.Taking from the Government seems harmless but nothing could be farther from the truth. The other main reason for the high? cost of wealfare is the "Poverty Level" There are people who pay the Mortage on a home and then go to a food bank for groceries in a car.
MODERN DAY GROVER ... By: pureaggression. on 28 Dec 11, 21:10:30 MODERN DAY GROVER CLEVELAND? = RON PAUL
Peter Schiff and ... By: cusack59. on 28 Dec 11, 15:17:15 Peter Schiff and Ron Paul make a lot? of sense - go Ron Paul!
@noado51
look ... By: xMaXiMuSx. on 28 Dec 11, 13:42:38 @noado51
look I'm not against welfare but the current system is non viable.. Take social security.. The goverment takes that money when it first paid in and? spends it when it has value and 30 years later when it's time to collect the goverments gives you back devalued money.. What you need you need to deal with is our inflationary monetary system.. If we had sound money, people would live of their savings and the rest of the wealth they would have accumulated in a sound monetary system.
business? call ... By: xMaXiMuSx. on 28 Dec 11, 13:38:26 business? call themselves socialists..
I don't know what ... By: PrivateAckbar. on 23 Jan 12, 02:31:18 I don't know what the deal? is with obese people that make it a comedy show. Yeah I get it; you're a mess.
Love everything ... By: PrivateAckbar. on 23 Jan 12, 02:26:17 Love everything you're doing Peter. Very? generous with your time and work.
Anyone know the song playing 09:20?
So I guess if I'm a ... By: david52875. on 12 Jan 12, 05:03:52 So I guess if I'm a business owner and I see my employee fall and break his leg I should go "Hooray! My workplace is more diverse! Why couldn't he have broken his leg earlier?"?
@KristenLumbato ... By: MrGiggity890. on 09 Jan 12, 02:33:45 @KristenLumbato hahaha? gota love it
I LOVE that Peter ... By: KristenLumbato. on 28 Dec 11, 06:09:49 I LOVE that Peter just said no one? wants to see overweight strippers. LOL!!!
@ABoffman? Make the ... By: rredhawk. on 24 Dec 11, 20:26:58 @ABoffman? Make the laws more state-level and local-level and less federal in nature. That way if a law turns out to be bad, business can flee to another state, and the vacated state, over time (unless it's California, where I live!), will see its error and correct in order to get the companies to come back. Tort reform would help, too, I'm sure.
Government ... By: maxfirepower. on 24 Dec 11, 15:35:20 Government intervention NEVER has adverse effects because the government continually redefines and codifies adversity to suit conditions.
I think I may be suffering? a disability because of that inset video clip.
Oh dude, did we ... By: Svenskivsk. on 24 Dec 11, 00:39:10 Oh dude, did we really need to see? the dancing blob??? :X
Roll the dice and ... By: EdR77203. on 22 Dec 11, 20:16:18 Roll the dice and if you? get an eleven then your boss will break your legs
@Salvysahagun ... By: Minethis1. on 19 Dec 11, 02:28:05 @Salvysahagun hahahahahaha! Yea the World is coming to an end! Haahahaha! Lets all go out and get Drunk have as much sex as possible because come 2012 the game will be over! HAHAHAHAHAA! I swear little paranoid bearshitters like you make me laugh!
Well enjoy your? last few days on earth spend all your worthless paper on good drugs and sex partners and um... I guess I'll see you in the next life where we will have a chat with Lincoln & Hamilton over nice cocktail! hahahahahahahh
@Minethis1
Well ... By: Salvysahagun. on 18 Dec 11, 23:27:49 @Minethis1
Well Hoover was more of a Keynsian because he ran up defecits.
FDR- Against Keynes
Truman- Against Keynes
Eisenhower- Balanced the Budget
Kennedy- Began issueing debt free money continued a balanced budget
Johnson- Great Society Consumer Programs pave the way for Hyper inflation
Nixon- "I am now a Keynsian Economist"
All down hill from here.
Real Economics is American economics. Alexander Hamilton, Abraham? Lincoln, Franklin Delano Roosevelt.
Please go home troll
@Salvysahagun ... By: Minethis1. on 18 Dec 11, 20:47:47 @Salvysahagun REALLY? Let's quantify that. How many Austrian economies on the planet? NONE! How many Depression because of Keynesian Economics? um....NONE! How much innovation and advancement of our civilization has occurred under Keynesian economics endless! How? much under Austrian? um... NONE!
I doubt you will be able to answer this question correctly but I will ask anyway. Which is real economic success and which is "FANTASY"? Your claims are a huge intellectual joke!
@Minethis1
... By: Salvysahagun. on 17 Dec 11, 21:46:32 @Minethis1
Austrians focus to much on laws. That is the problem
Keynes focus to much on fantasy.
Roosevelt was influenced by Hamilton NOT? Keynes.
Keynes is a HACK.
All of our products are made in China. We need those electronic and toy factories.
@Minethis1
@ ... By: Salvysahagun. on 17 Dec 11, 21:46:09 @Minethis1
@Minethis1
Austrians focus to much on laws. That is the problem
Keynes focus to much on fantasy.
Roosevelt was influenced by Hamilton NOT Keynes.
Keynes is a HACK.
All of our products? are made in China. We need those electronic and toy factories.
you just confirmed troll status
@Minethis1
... By: Salvysahagun. on 17 Dec 11, 21:46:08 @Minethis1
Austrians focus to much? on laws. That is the problem
Keynes focus to much on fantasy.
Roosevelt was influenced by Hamilton NOT Keynes.
Keynes is a HACK.
All of our products are made in China. We need those electronic and toy factories.
you just confirmed troll status
@Salvysahagun? ... By: Minethis1. on 17 Dec 11, 07:08:59 @Salvysahagun? Austrian is not radical IT DOESN'T WORK! Flying Unicorns dDO NOT EXIST! So we agree 100%!
Forget Hamilton we are in the 21st century with credit cards lines of credit in an unregulated GLOBAL ECONOMY! We have new sets of problems that have never been seen before and not addressed in any text books today. You are miss reading the 70% consumption. We only require 30% production because we are so dam efficient! We need to PRINT and deleverage Globally!
@itachi705 If I ... By: Minethis1. on 17 Dec 11, 06:59:48 @itachi705 If I have been wrong for over two years please tell me How is Your hyper inflation trade going? Yea Thought so Biatch! Look at the dollar US bonds & EZ! That is not? invented unless you compare it to your FANTASY WORLD! Now STFU!
@itachi705 Did you ... By: jezza1789. on 17 Dec 11, 03:14:47 @itachi705 Did you actually read coments from 6 days ago on a page thats steadily adding coments every hour LOL? get a life loser.
@Minethis1
Because ... By: Salvysahagun. on 17 Dec 11, 02:46:30 @Minethis1
Because 70% of our economy is consumption.
Demand is a function of bidding, bidding drives up cost.
We need production but we cannot get their by adopting the radical policies of the Austrians.
Alexander Hamilton proposed protectionism and industry then later influenced Friedrich List and Henry Carey.
National Economics is what we need? not this deflationary route to hell.
@Minethis1 Dude, ... By: itachi705. on 17 Dec 11, 01:59:00 @Minethis1 Dude, you? are a fucking IDIOT...
Such a sad troll. Everything you say is so wrong it's almost sad. Inventing economics off the top of your head. LOL.
@jezza1789? ...You ... By: itachi705. on 17 Dec 11, 01:49:42 @jezza1789? ...You are a fucking idiot.
@Minethis1? "Dude ... By: itachi705. on 17 Dec 11, 01:47:03 @Minethis1? "Dude My Calls are 100% spot on!"
LOLOLOL
@Salvysahagun What ... By: Minethis1. on 17 Dec 11, 01:37:16 @Salvysahagun What Troll my friend What Troll! You continue to pretend the dollar is collapsing and consumption is bad! The Goal of the Gov was to educate the public. It Succeeded enormously to the Point where we are actually talking about dirty jobs.If Prices went up because the entire planet wants to study here well so be it. If Prices went up because? we educated our citizens then so be it! Tell me to you have at least 2 years or more savings?
The government ... By: ElJefer. on 17 Dec 11, 01:08:05 The government relies on the unseen (secondary or tertiary effects of a law) and people's lack of skepticism to gain votes for the seen (people get paid more under minimum wage, disabled people get hired by force). So the problem with government is the voters? are too stupid to realize they're voting for their own demise. I can only think of two options: people become educated (not likely) or we change the system. How do we change the system?
Jonathan from Scottsdale, AZ: I've been hearing a lot about diamonds and was curious what your thoughts are about them as an investment during economic turmoil. Any advantages over precious metals? Currently undervalued?
Submit your webcast questions here: http://schiffradio.c om/contactus?loadFor m=4#contactForms
@intuitiveworker ... By: ggadguy. on 30 Dec 11, 21:11:18 @intuitiveworker It's because the gold to silver ratio is high, and that silver is? now hitting it's lows for the entire year. You want to buy low and when there is panic. Right now is probably the best time to at least dollar-cost-average a portion of your money into silver/gold.
@TWSceptic? YOU ... By: Minethis1. on 17 Dec 11, 15:25:59 @TWSceptic? YOU NEED TO COME BACK TO REALITY AND LEAVE PARANOID LAND!
@Minethis1? YOU ... By: TWSceptic. on 17 Dec 11, 12:01:59 @Minethis1? YOU NEED PATIENCE, DON'T WORRY YOU WILL LOSE.
@exitiummagnum? ... By: TWSceptic. on 17 Dec 11, 11:58:56 @exitiummagnum? Actually gold is forever since it can't be destroyed or created by humans, diamonds can.
@weavermama BUT I ... By: Minethis1. on 14 Dec 11, 15:46:45 @weavermama BUT I THOUGHT? PRINTING CAUSED HYPER INFLATION AND WE SHOULD BUY GOLD? I GUESS NOT EH?
Enemy of Greece,??? ... By: Stevie68000. on 14 Dec 11, 02:58:26 Enemy of Greece,??? Ireland,? Italy, Spain, UK &? USA - Jew
1.?Goldman?? Sachs??? CEO,?Lyold? Blankfein ?- Jew
2.?IMF? Deputy?? CEO,?? John????? Lisky?? - ???Jew?
3.?Ex? IMF? CEO,Dominic?? Strauss -?? Jew??
4.?World???? Bank? CEO,Robert? Zoellick - Jew?
5.Ex? World Bank? CEO,??James Woolfesen - Jew
6.Fed Chairman,???? Ben???? Bernanke -? Jew
7.Ex?? Fed Chairman,??Alan?? Greenspan? - Jew
8.Obama Treasury Secretary,Tim Geithner-?Jew?
Diamonds are ... By: exitiummagnum. on 13 Dec 11, 15:20:38 Diamonds are forever.
Gold's not.?
Silver is ... By: DackIsBack. on 12 Dec 11, 18:31:31 Silver is relatively low right now, but it's? way above it's base value of Ł2 GBP an ounce...
Who knows if it'll return to that, but the possibility is off putting to say the least, especially if the UK has massive monetary reforms, which I suspect are coming.
Any tips on other ... By: DackIsBack. on 12 Dec 11, 18:24:42 Any tips on other investments? ANYONE?
I mean everyone's in metal right now- I don't have much confidence in those markets, unless you're talking about long silver... but I don't want to wait 10-20 years to break? even if silver bullion turns bearish.
Diamonds are the ... By: cresidue. on 12 Dec 11, 17:20:35 Diamonds are the single worst commodity to invest in. The entire worldwide rarity of diamonds in the marketplace is totally fabricated. People in-the-know understand if the vast diamond inventories where not so tightly? controlled by a couple of crooked corporations, then the street value of diamonds would be pennies per Carat!! 20/20 reported on this decades years ago.
Hyperinflation is ... By: fabieuxhabieux. on 12 Dec 11, 14:22:20 Hyperinflation is people no longer? demanding the currency because banks sold too many, charged too high inflation, caused prices to rise, and devalued them.
Banks are businesses that sell currency. They charge an inflation fee. When the fee to use currency rises, the prices of goods rise to make up for it. When the inflation fee gets too high, people start shopping around for currency.
So there ya go, if people would shop around for cheaper currency, we would get out of this mess.
@ismuks They? have ... By: grumpone. on 12 Dec 11, 11:31:22 @ismuks They? have machines that make them. Currently experts can still see the difference between natural and artificially produced ones (artificial ones have too regular growth vanes), but for how long?
@weavermama But I ... By: Minethis1. on 12 Dec 11, 04:51:08 @weavermama But I am the troll right? You going to Give me Zimbabwe? look at what happen when the White man had to give up agriculture to the Black man and what? happen to their Economy after. Again another example that a loss of value in their? agriculture caused their Economy to crash which lead to a result of hyper inflation NOT PRINTING! Enjoy those Facts from the "Troll"! Thats why PS subscription are dropping! Because I am a "Troll!" LOL!
@weavermama A ... By: Minethis1. on 12 Dec 11, 04:41:54 @weavermama A reduction of economic activity. What causes that? Regime change, Inability to tax, Civil war, Natural disaster etc. Printing is a result NOT a CAUSE!
US ASSETS are currently at 78 TRILLION! Debt? 15 trillion. Unemployment in the US? 24 million population 320 million. US Bonds? Historical Lows! LOL! We are No? where even REMOTELY! CLOSE to Hyper Inflation!Don't fall Victim to you tube economics. this is pure nonsense. PS is only trying to sell you Gold Certificates!
@Minethis1 I will ... By: weavermama. on 12 Dec 11, 03:14:06 @Minethis1 I will ask again, what causes hyper-inflation if not? money printing??
@weavermama NOPE! ... By: Minethis1. on 12 Dec 11, 02:52:27 @weavermama NOPE! This is a FACT! If you knew anything about economics you would know this? much!
@ggadguy what is ... By: intuitiveworker. on 11 Dec 11, 20:59:10 @ggadguy what is it about ? $31 that makes it a steal?
Can't eat diamonds? By: TheMetalPerson. on 11 Dec 11, 15:54:36 Can't eat diamonds?
u cant split ... By: pipem4n. on 11 Dec 11, 09:10:23 u cant split diamonds - well u can but it's? not to wise isn't it :D
There? is a ... By: HachiZenki. on 11 Dec 11, 06:42:08 There? is a solution to the diamond conundrum, get them GIA certified.
@Minethis1 what ... By: weavermama. on 11 Dec 11, 02:10:25 @Minethis1 what causes hyper-inflation if? not money printing?
@ ... By: DarthKrattus. on 10 Dec 11, 22:15:47 @ChristopherWalkenPUA Bow chicka wow? wow
I'll disagree with ... By: ggadguy. on 10 Dec 11, 21:07:47 I'll disagree with Peter a little. Not all gold or silver is the? same. Some coins from the Perth Mint may cost more and some bullion coins may be closer to the spot price. Right now, silver is a STEAL at about $31.
Schiff is talking ... By: Mr071220. on 09 Jan 12, 03:06:41 Schiff is talking about Chile is? moving in the right direction. What a hypocrite. WTF is he talking about!!? Last time I checked CHILE HAS THE HIGHEST INCOME INEQUALITY RATE IN THE WORLD.
alternet.org/newsandviews/article/599266/us_has_fourth-highest_income_inequality_rate_in_the_world/
@fight2Bfree Don't ... By: thumpybones. on 08 Jan 12, 15:49:42 @fight2Bfree Don't be too sure. Larry Elder invited? Moore to his KABC radio talk show. Moore ignored him.
@ ... By: goonerLIFE1. on 02 Jan 12, 00:31:52 @AndersPedersenMusic? haha nice
I'd love to use ... By: AndersPedersenMusic. on 23 Dec 11, 17:02:10 I'd love to use Peter Schiff? quotes in my tech/deep-
house tracks :)
Michael Moore is ... By: fight2Bfree. on 22 Dec 11, 21:48:06 Michael Moore is not a "pile". If you disagree with him, invite him to your show and Im sure he will be happy to have a civilized discussion. Ok. so he has some radical ideas, rants against capitalism etc etc.. Look up YouTube video Michael Moore-The awful Truth. Is that the action of a "pile". I dont think so. Moore is an activist and is successful at what he does. VERY successful.?
If the people in ... By: fosterchild4523. on 20 Dec 11, 06:17:58 If the people in Haiti lived in tents then probably very few people would have died. People die in earthquakes because buildings falling on top of them. But everything else Schiff said is right? on.
Do you know what ... By: ClareNViv. on 15 Dec 11, 22:44:48 Do you know what hypocrisy means? It means saying on thing but doing another, like advocating for socialism but living like a? millionaire. But what Schiff is talking about here with Haiti/Chile (if you think Schiff's argument is an apt one) is more wrongheadedness than hypocrisy.
Liked and Favorited ... By: TheManiacalSatanist6. on 14 Dec 11, 21:34:46 Liked and Favorited. Pwnage in it's purest? form.
Michael Moore is ... By: dslider1. on 12 Dec 11, 18:01:18 Michael Moore is an? ulcerous sore on the worlds ass.
It reminds me of ... By: rrp1973. on 12 Dec 11, 05:42:47 It reminds me of the saying "governments love to find parades to get out in front of". As soon as enough wealth is available to make a luxury available on a wide scale, the government jumps into action to make it law! This applies to building codes just like child labor. Where the hell was the government 200 years ago? why didn't? they outlaw child labor and enforce building codes back then? Because all the paper laws in the world don't make you rich enough to buy what you cannot afford.
@zdrux The answer ... By: dhebert111. on 11 Dec 11, 20:59:24 @zdrux The answer to your question is yes, as a customer you can do that. You won`t be able to take a mortgage out for? that type of construction, or a loan. You also won`t be able to insure the structure, but yes you can do that, and it depends where you build it, if you need a permit the structure needs to be up to code, but there are ways around that. In this case though, it`s in YOUR best intrest to follow codes, because like I said there`s a right and wrong way to do things.
@elnik32 so ... By: elnik32. on 11 Dec 11, 18:10:09 @elnik32 so basically,? it has nothing to do with government regulations or mandates. In fact, let's not bring up the fact taht Maddoff was checked by the government regulators several times and they found nothing wrong, which also explains why they think social security is not a ponzi scheme!!! LOL, but anyway, arguing with Moore and his lemmings is pointless
who built the ... By: elnik32. on 11 Dec 11, 18:08:03 who built the levees around louisiana mr moore? Also, building an infrastructure that can better withstand earthquakes would be based on the likelihood of earthquakes in any particular region. If I'm a real estate developer, why would I NOT be for building housing that can better withstand? earthquakes? It would behoove me from an economic point of view. Also, if I'm looking to buy a house/appartment in Chile, that would be one of the considerations, if not, I'd pay higher insurance costs.Anyway
@carter102 In a ... By: choicereduction. on 11 Dec 11, 13:25:05 @carter102 In a free market, your name, reputation and liability would be your regulations. If you approve unsafe houses you lose your reputation, your insurance goes up and you go out of business. You can not compare the current role of private inspectors with county inspectors no more than you can compare the role of UPS with the USPS. If county inspections were optional (not forced), private inspectors could perform the same in-process inspections, but why would anyone? pay twice?
@carter102 The ... By: choicereduction. on 11 Dec 11, 13:08:59 @carter102 The contradiction here is obvious, you can not claim to be anti-government while getting paid by and fighting to? protect your government granted cartel status. In a rob Peter to pay Paul society, everyone wants to be Paul and Peter becomes extinct. Permits do nothing to improve safety, they are merely a tax and a private inspector has no reason to "lay charges" of any kind, simply do your job and do not give the building a safety approval if it is not up to your standard.
According to the ... By: sodie77. on 11 Dec 11, 07:35:59 According to the 2010 Index of Economic Freedom (of the Heritage Foundation, Fraser Institute and WSJ),? Chile's economy is the 10th freest.[21] Chile is ranked 3rd out of 29 countries in the Americas and has been a regional leader for over a decade. Chile's annual GDP growth was 3.2% in 2008 and has averaged 4.8% from 2004 to 2008
Wasn't it Chile ... By: sodie77. on 11 Dec 11, 07:33:47 Wasn't it Chile that the left and other progressive radicals always dump on for moving towards a "Milton Friedman" inspired capitalist government? And now doucebags like Moore hold up Chile as a "socialists" example". Chile is probably one of the only South American countries that could? take care of themselves after a massive natural disaster and they have embraced the free market. I'll bet that the rest would just flounder around helpless just like Haiti.
@erentheca It might ... By: jeffiek. on 11 Dec 11, 00:59:22 @erentheca It might be coincidence (yeah, right), but software and hardware engineers don't need licenses.
(? gov't isn't perfect - they can't screw everything up)
FREE to join and ... By: MultiAhka. on 10 Dec 11, 23:05:58 FREE to join and start your own Internet Home Business.
??amazingautosystem.weebly.com??
?
This? show is ... By: maestro1110. on 10 Dec 11, 22:26:59 This? show is amazing I have a deep respect for you Peter, and I am not even an American, But I grew up on a great American dreams and understandings of freedom, savings and wealth, at least as I understood it. I am so dreadful that those things are happening with a great nation, which is my nation! Thank you Peter for guiding me, now I understand the real problems in our country!
Federal codes, ... By: erentheca. on 10 Dec 11, 22:15:42 Federal codes, state codes, licensing, all these things really don't improve quality of service. They? do create unemployment and they do increase prices. Let the free market regulate, let consumer advocacy rate good and bad contractors and companies. Let businesses set their own guidelines and let the consumers decide who they want to do business with.
@jeffiek Absolutely ... By: erentheca. on 10 Dec 11, 22:10:58 @jeffiek Absolutely. These days, in most industries, licenses really only create a barrier to entry, which decreases? job opportunities and raise consumer costs.
@jeffiek (cont)
... By: jeffiek. on 10 Dec 11, 19:04:04 @jeffiek (cont)
Step 3 is important, but it's #4 that really reveals the licensing scam. It's the guys skill, work, and reputation that matter. Whether or not the gov't recognizes it is irrelevant, in fact they admit they can't by? publishing step #4.
What does a license do? It makes life difficult for those trying to get a start, and gives gov't the means to exert control ( they can yank your license for reasons other than competence ).
Ever see one of ... By: jeffiek. on 10 Dec 11, 18:57:25 Ever see one of these?
cslb. ca. gov/Resources/GuidesAndPamphlets/TenTips. asp
It's on how to hire a contractor. If you need steps? 3-10, what good does the guys license do? If the license is so beneficial, why is there a need to list steps 3-10?
for the lazy
3# Get at least three bids.
4# Get three references from each bidder and review past work in person.
This one happens to be from Canada, but I've heard the same in the US.
@vince33x does. ... By: vince33x. on 06 Feb 12, 04:54:23 @vince33x does. Comprende??
@noado51 First of ... By: vince33x. on 06 Feb 12, 04:54:03 @noado51 First of all, it's not about me or you,? that would just be anecdotal. 2nd, the very foundation of the Left's ideas rests on TWO OF THE SEVEN DEADLY SINS! ENVY and THEFT. When Jesus talks about taking care of those less fortunate, he's talking about individuals. In other words, we will all be judged INDIVIDUALLY on our behavior he on earth. I think one of the reasons the LEFT hates Christianity is the INDIVIDUALISTIC aspect of it. Christianity is all about what you do not what the State
@vince33x The ... By: noado51. on 05 Feb 12, 22:18:31 @vince33x The right claims to be Christians yet would Jesus be on the left or on the right.I think he spoke about sharing your loaves and fishes and warning us about the danger of living for earthly rewards and disregarding the LEAST of you. Isn't life just a test on just how far to the left you can go in faith?Are you passing the test??
@noado51 Oh yea, ... By: vince33x. on 05 Feb 12, 21:44:42 @noado51 Oh yea, one last point, folks on the Left are not just? nitwits, they are also evil because their whole raison d'etra is ENVY and THEFT.
@noado51 Oh 'boo ... By: vince33x. on 05 Feb 12, 21:41:50 @noado51 Oh 'boo hoo' about the rudeness. Left-Wing scum like Bill Maher and Jon Stewart have been brutally rude to Republicans and Christians since time immemorial, I'm just giving a little back, that's all.?
@vince33x Yes your ... By: noado51. on 05 Feb 12, 18:33:29 @vince33x Yes your right but the diffence is we know we are nitwits and you all think you know the? truth and are very rude to others because of that notion.
@ ... By: vince33x. on 05 Feb 12, 05:17:35 @SuperKartoffelpuffer I have no idea what teacher's salaries would be under a totally Privatized system and neither do u. Here's an easy way to think about Private vs. Public, consider: How does? Nissan derive revenue? and How does a gov't school derive revenue? Answer those two questions and we'll discuss.
@ ... By: vince33x. on 05 Feb 12, 05:13:37 @SuperKartoffelpuffer Hey, in a gov't HS you'd be in ur element.?
@ ... By: vince33x. on 05 Feb 12, 05:11:54 @SuperKartoffelpuffer Ur too stupid? to learn anything.
@noado51 So, by ur ... By: vince33x. on 05 Feb 12, 05:08:59 @noado51 So, by ur logic, those who railed against Geo. W Bush day-after-day (and I was one) are closet racists who hate whites? Uh uh, ok, I got it. And people on the Left wonder why I call them? nitwits...because they're constantly proving THEY ARE NITWITS!
@ ... By: vince33x. on 05 Feb 12, 05:06:19 @SuperKartoffelpuffer Ur inferring and that's ur? problem not mine.
@Zac6230 If you? ... By: TheRandyChimp. on 02 Feb 12, 16:54:35 @Zac6230 If you? say so...
@TheRandyChimp not ... By: Zac6230. on 02 Feb 12, 13:11:12 @TheRandyChimp not in the slightest. only in your deluded head? space
@Zac6230 Yet I'm ... By: TheRandyChimp. on 02 Feb 12, 08:00:08 @Zac6230 Yet I'm smarter.
How? sad.
@TheRandyChimp ... By: Zac6230. on 02 Feb 12, 01:32:47 @TheRandyChimp older than you, you deluded bigot!?
@Zac6230 How old ... By: TheRandyChimp. on 02 Feb 12, 01:15:12 @Zac6230 How old are you? Seriously, you're coming across as a complete and utter adult buffoon or a? paticularly stupid 12 year old.
@TheRandyChimp It's ... By: Zac6230. on 01 Feb 12, 21:10:07 @TheRandyChimp It's obvious the name chimp makes fun of black people. I have heard enough out of you, you racist!?
@Zac6230 How? did ... By: TheRandyChimp. on 01 Feb 12, 20:28:41 @Zac6230 How? did you come to this conclusion?
@TheRandyChimp no , ... By: Zac6230. on 01 Feb 12, 20:27:50 @TheRandyChimp no , it's YOU that is the racist? here.
@Zac6230 Still ... By: TheRandyChimp. on 01 Feb 12, 18:15:01 @Zac6230 Still don't get the previous hostility. Makes no sense. Are? you pro-racism?
@TheRandyChimp you ... By: Zac6230. on 01 Feb 12, 16:35:10 @TheRandyChimp you need to lighten? up buddy, you're name is chimp
@Zac6230? What was ... By: TheRandyChimp. on 01 Feb 12, 11:37:17 @Zac6230? What was with the "fuck off chimp" remark? Does my intolerance of racist people offend you?
@Zac6230 Well, the ... By: vince33x. on 01 Feb 12, 06:28:31 @Zac6230 Well, the USA is,? sadly, headed in the same direction.
@vince33x? There is ... By: Zac6230. on 01 Feb 12, 06:10:26 @vince33x? There is no fee speech in Canada, it's not like the USA
@Zac6230 The Left ... By: vince33x. on 01 Feb 12, 05:45:50 @Zac6230 The Left likes to pretend they're tolerant but it's a complete lie. Just look at the treatment Ann Coulter got when she was INVITED to speak at a university in Toronto. A minister in Ottowa threatened to have her arrested? for "intolerance." My God, talk about the THOUGHT POLICE. It's like something out of Orwell's '1984!' The Left always likes to say they're for hearing other POV but it always shocks them to learn THERE ARE OTHER POV!
@TheNickFox Schiff ... By: XESTISS. on 04 Feb 12, 05:53:51 @TheNickFox Schiff made money? Go to? Euro Pac website and tel me what his funds performance was in 2011? -16% -23% and - 36% Only one made 16%. Don't worry about Paulson. Worry about all the bad calls Schiff has made over the last 10 years. It's ammusing you would even bring up Paulson. Really!
@TheNickFox Do you ... By: CitizenNumber. on 04 Feb 12, 04:59:44 @TheNickFox Do you see Paulson wasting his time on YouTube trying to make predictions, sell Gold or a Radio show? Didn't Paulson Make Billions in the housing collapse? He? didn't predict it and lose 60% than run around pretending he predicted the bubble!
@Minethis1 The ... By: TheNickFox. on 04 Feb 12, 04:57:28 @Minethis1 The problem is that the homes were never really worth that. The cheap-to-free money that was being generated by low interest rates was causing house prices to skyrocket...and the markets still haven't been allowed to correct? themselves. We're keeping housing prices artificially high...despite the fact that the economy can't support those prices anymore.
@XESTISS And what ... By: TheNickFox. on 04 Feb 12, 04:51:48 @XESTISS And what happened to John Paulson's fund this past year? It had a 50+% drop! ? He got lucky, and made many of the mistakes that Peter has brought up while making money dooming his fund to failure. He basically created his own bubble.
No no no consumer ... By: Ipostle. on 19 Dec 11, 02:32:12 No no no consumer sentiment? good spending Good consumers not consuming Bad.
@TWSceptic ... By: XESTISS. on 18 Dec 11, 08:26:45 @TWSceptic HAHAHAHAHA! Is that the best you could come up with? I gave you 10 years of you being? wrong and losing money and this is your best rebuttal?? hahahaahaah!!! P A T H E T I C ! ! !
@TWSceptic I ... By: XESTISS. on 18 Dec 11, 08:21:59 @TWSceptic I thought I? was going to be Pwnd in 2001,02,-3,04,05,06,07, definitely in 08,09, no longer than 10,11 now its 2012?? YOU DIZZY MF! YOUR CLUELESS!
@XESTISS Reading ... By: TWSceptic. on 18 Dec 11, 08:20:02 @XESTISS Reading your comments remind me of a 6 year old ignorant kid. Your arguments fail every time, you cherry pick to prove a point, people see through? it. Again you do not see the larger picture that's why you keep losing money, yes it's pathetic.
@TWSceptic Don't ... By: XESTISS. on 18 Dec 11, 08:14:56 @TWSceptic Don't give me that shit! This exactly why all you idiots are laughed at!? When you predict something you nail it because you know something others don't! John Paulson Knew it and made $32 BILLION!!! You see him on You tube or any shows saying he predicted the house bubble? NOPE! Because he actually did predicted it and made a shit load of money! hahahah idiot! ALWAYS EXCUSES LIKE A TEN YEAR OLD! pathetic!
@XESTISS You are ... By: TWSceptic. on 18 Dec 11, 08:09:58 @XESTISS You are completely retarded, I have no other word for it. The funny thing is that you will be pwnd in 2012 and we will all laugh at you.? FUCKTARD.
@XESTISS Everyone ... By: TWSceptic. on 18 Dec 11, 08:07:53 @XESTISS Everyone lost money in 2008 you dumbass. In the years after he gained more than US stocks. But you haters are? too retarded to give people credit, only hating. I fucking despise your kind. Furthermore the trend for precious metals has been predicted for years yet a correction is normal obviously you're too dumb to understand even the basics of stocks that's how retarded you haters are. But let's listen to what your portfolio looks like I bet it's a complete failure, just like you. Fuck y
@TWSceptic Look up ... By: XESTISS. on 17 Dec 11, 15:52:34 @TWSceptic Look up Peter Schiff Lost 60% of his portfolio! You? and him Already got Fucked in the ass and continue to do so! How is the that idiotic call to Short Binds 46% lower going for you idiots? How is the Dollar Index is going to .50 trade going for you? How is Buy silver at $45 going for you? How is the DOW 1000 call made in 2009 Going for you? How is the 2011 call of Buy Gold Silver and Commodities call going for you? CRB index is Down 37% YTD! There you go Peter Was WRONG! IN THE ASS!
@TWSceptic? At ... By: XESTISS. on 17 Dec 11, 15:47:08 @TWSceptic? At Least you admit that you are the MORON! TODAY!!! hahahahahahah what a shithead!
@XESTISS You will ... By: TWSceptic. on 17 Dec 11, 11:10:19 @XESTISS You will soon? find out who the biggest moron is.
@XESTISS Funny, ... By: TWSceptic. on 17 Dec 11, 11:09:07 @XESTISS Funny, morons like you also? laughed on TV when Peter was right the first and second time (.com and housing bubble) and now you're going to get fucked in the ass yet again, you just don't understand it yet. I'm going to remind myself remembering you when it happens.
It's not enough to ... By: Premier112. on 15 Dec 11, 04:02:24 It's not enough to say "Vote Ron Paul"
DO A SEARCH FOR "BLUE REPUBLICAN!"
PEOPLE NEED TO SWITCH PARTIES 12 WEEKS IN ADVANCE OF? PRIMARIES? IN MOST STATES.
IF YOU DO NOT SWITCH IN TIME,
IF YOU ARE NOT REGISTERED REPUBLICAN YOU CANNOT VOTE IN PRIMARY.
IF RON PAUL DOES NOT WIN PRIMARY, NO GENERAL ELECTION ! REGISTER AS A REPUBLICAN. FIND OUT WHEN YOUR STATE HAS PRIMARIES. FIND OUT WHERE AND VOTE VOTE VOTE ! PLEASE!
WE NEED EVERY LAST VOTE ! Copy and paste, Thumb them UP!
START A REVOLUTION!
5:14
"Yes it ... By: Jotto999. on 14 Dec 11, 23:41:43 5:14
"Yes it temporarily boosts our GDP, but it permanently boosts our debt".
Hehehe, Schiff you are excellent with little catch phrases and economic jokes ? xD
you can't fix an ... By: TheNewMusicNetwork. on 10 Dec 11, 02:54:15 you can't fix an afro-bozo country because it's? filled with...........afro-bozos.
@sellsjeeps afro- ... By: TheNewMusicNetwork. on 10 Dec 11, 02:53:50 @sellsjeeps afro-bozo countries? never do well.
@Minethis1 RWANDA! ... By: XESTISS. on 09 Dec 11, 05:10:11 @Minethis1 RWANDA! LOL! Too funny! Makes sense though! I guess thats why? its funny! hehehe!
Gold/Silver Is ... By: XESTISS. on 09 Dec 11, 05:08:11 Gold/Silver Is Screwed! Dollar is Going Higher!
Now make sure you guys keep buying as Gold/Sliver Creators. Because I want your money! Don't worry it's going to good use. I will? spend it wisely a Few Greek Islands, The Coliseum so the little ones can play Gladiator, Eiffel tower I want to move it into my back yard, a few German slaves to move it and I also want to start my own car and Plane company and The Entire London stock exchange. The rest I will buy all of China. I like their food!
@Minethis1 Took you ... By: XESTISS. on 09 Dec 11, 04:55:38 @Minethis1 Took you Long enough to? figure out this guy is a Moron!
@orionstarman You ... By: Minethis1. on 09 Dec 11, 02:56:22 @orionstarman You Dumb ass! Don't try to twist words to whatever you want them to mean? QUANTIFY! For 3 THREE Fucken Years China has underperformed the US SPX! MAKING PS WRONG! China DID NOT DECOUPLE FROM THE US! In My Other Post I said "I hope China Doesn't have a Hard Landing! BUT I DOUBT IT!" Now Your sitting here telling me That 15% YOY Growth! Which Means DICK! What is the Market Doing? UNDER PERFORMING! Schiff is Wrong AGAIN!
@Minethis1 You ... By: orionstarman. on 09 Dec 11, 00:46:15 @Minethis1 You don't even remember the point you were trying to make in your original post. "Didn't PS say you all should be investing in China because they got it right and we don't? Didn't PS say That China will Decouple from the US?" China's exports UP overall, 15.9% THIS YEAR, while exporting less to the US. Your own fucking words dumb ass! You only brought up "FUTURE" after you got called out. Dismissed? I don't think so.?
@orionstarman DO ... By: Minethis1. on 09 Dec 11, 00:37:41 @orionstarman DO YOU KNOW WHAT THE WORD 'FUTURE" MEANS? LOOK IT UP!
"China warns of 'SEVERE challenges' to exports to West"
Severe when? TELL Me WHEN WILL IT BE SEVERE??? TODAY? LAST YEAR? WHEN YOU FUCKHEAD!?
27:14 was awesome,? ... By: halflifeproductionz. on 31 Jan 12, 09:14:28 27:14 was awesome,? loved the music, loved the pwnage too. keynesian morons!
@PrivateAckbar
pt2 ... By: mashermancan. on 23 Jan 12, 00:14:20 @PrivateAckbar
pt2
If the island is decimated with something that ends production of all three resources then money loses all value as there is nothing to purchase.
A currency backed by gold would not be of any use either since there is nothing to buy. Currency is already on a gold standard as anyone can purchase gold with there savings.
Ultimately? moneys value is relative to future GDP.
@PrivateAckbar
pt? ... By: mashermancan. on 23 Jan 12, 00:07:46 @PrivateAckbar
pt? 1
I agree that money can't create wealth or value.
I was trying to show that the analogy of the island CAN be used. As long an island with three products (coconuts, bananas and fish) each controlled by one of 3 people has continuous output, a fiat currency increases wealth by allowing for increased consumption and for the savings of value/ wealth.
If one producer loses a seasons crop - he can use savings to buy food thereby raising the standard of living.
pt2
@mashermancan He's ... By: PrivateAckbar. on 22 Jan 12, 23:03:10 @mashermancan He's saying that the existence of money can't create wealth. Rereading? your comment I don't know why I'm arguing with you.
@FitnessByMatt ... By: TeaParty1776. on 02 Jan 12, 01:47:30 @FitnessByMatt Schiff wants to show the corruption of? mainstream economics.
@argenta86 Because ... By: TeaParty1776. on 02 Jan 12, 01:46:16 @argenta86 Because the witch doctors didnt want competition!?
I'm simply amazed ... By: TimothyADonaghue. on 01 Jan 12, 23:07:55 I'm simply amazed at how two seemingly smart, and well-spoken men can literally have? directly opposite perspectives on the same thing.
@mashermancan? ... By: TeaParty1776. on 01 Jan 12, 19:20:59 @mashermancan? Trade requires something to trade. Trade with pearls and coconuts may be valued in a hippie commune but it won't produce a wealthy, scientific-industrial economy in which computers are traded (w/money) for cars. Youre rationalizing commie theft from the most rational, the most productive people. Youre a nihilist hater of man's mind, the mind which liberals claim is subjective and impractical. Businessmen's mind are objective and practical. So you must destroy businessmen.
@mashermancan ... By: TeaParty1776. on 01 Jan 12, 19:09:03 @mashermancan Stocks and derivatives are abstract methods of directing resources to the most productive uses. This requires man's mind, which Marxists reject for as close to purely physical labor as humanly possible. Eg, hunting-gathering, subsistence farming, feudalism. Those are much less productive economies than the long-range planning of capitalism. With money, Steve Jobs increases production. With money, the poor consume all the resources and production will? end, resulting in communism.
@argenta86 I would ... By: TeaParty1776. on 01 Jan 12, 18:57:14 @argenta86 I would like to call Livingston a scientific fraud but a jury might evade a logical understanding of reality in which production causes consumption.? He studies the economy "at this moment" as if economics is a Pragmatist rationalization for evading past and future, as if economics is not about universal laws which apply to all economies, small and big. Commie theft from the rich (the most productive) benefits others "at this moment" but not the next moment when production decreases.
"It's not the ... By: Salvysahagun. on 01 Jan 12, 05:37:34 "It's not the consumers' job to know what they want." - Steve Jobs on the? iPad and Market Research
Was Prof. ... By: FitnessByMatt. on 31 Dec 11, 12:53:53 Was Prof. Livingston joking taking on Peter Schiff?
Seriously, is this? a joke?
part 2
Increasing? ... By: mashermancan. on 30 Dec 11, 03:36:13 part 2
Increasing? economic prosperity involves taking / taxing money from the elite because their wealth is stored in economically valueless investments such as stocks and derivatives. If this money channeled downwards to the poor it will be spent on goods and services thus increasing demand and eventually output.
part 1
schitt ... By: mashermancan. on 30 Dec 11, 03:29:31 part 1
schitt doesn't attempt to understand, I have rarely heard him admit to reading a guest authors book yet is vehemently disagrees with the premise -? what an insulting, ignorant host.
Money put onto an island increases demand because it facilitates trade. Now the guy with pearls can easily exchange with the coconut guy. I do believe that in history society used detailed ledgers. Centralized currency was introduced to skim resources from the economy to the rulers/ govts ie funnel upwards.
I love Schiff, but ... By: ElJefer. on 23 Dec 11, 00:51:43 I love Schiff, but he used a lot of? Straw Men during the interview
holy fucking ... By: spectrumVerX. on 20 Dec 11, 16:37:06 holy fucking facepalm....this guy is a moron.
Sometimes, Peter, I wish? you were more cruel to the pets you play with.
@2009zigi Not you ... By: Warzoooooo. on 19 Dec 11, 17:47:21 @2009zigi Not you dont even have to recycle, all you have to do is to come up with materials that are stronger with less resources. But if you believe that we can't ever come up with anything more from this point forward, then your right. But I think we still got? a lot of things to discover
@Warzoooooo If you? ... By: 2009zigi. on 19 Dec 11, 14:39:01 @Warzoooooo If you? recycled the old materials yes. But do you? No!
Just one thing ... By: thunderballacks. on 17 Dec 11, 04:17:29 Just one thing Peter... I think? its Robinson Crusoe... not Robinson Caruso! Thats the guy from NYPD blue isn't it? His island was Manhattan!
What an annoying ... By: al4484. on 16 Dec 11, 12:23:10 What an annoying caller. And he is a? professor? God help him.
Supply certainly ... By: slickbtk. on 16 Dec 11, 05:38:37 Supply certainly does create demand. I? cannot demand something without first producing a supply to exchange. This takes the form of existing goods and money that will buy it. In other words if I go to wal mart and "demand" a product with money I can only do that because wal mart knows? that with my money they will be able to buy existing goods. So I am offering an existing good (supply) to buy something (demand) at wal mart.
lol Not the most ... By: SloterMFmeyer. on 16 Dec 11, 00:11:11 lol Not the most respectful host.? Not that the professor deserved any.
@sundog1171
now it ... By: muddog5000. on 28 Jan 12, 20:39:52 @sundog1171
now it 4 week later and it 1717? and going up
@Caturdayz
Buy ... By: muddog5000. on 28 Jan 12, 20:37:56 @Caturdayz
Buy penny rolls and sort out pre 1982? they are copper and save them
@davincij15 i'm ... By: johnbarkand. on 25 Jan 12, 08:05:14 @davincij15 i'm gonna check-out Morgans after payday. do i still have fear,or a? brain?
have a good day mr. 15 ( remember 16 to 1 ratio) Ron Paul 2012
@johnbarkand
I'm a ... By: davincij15. on 24 Jan 12, 22:09:12 @johnbarkand
I'm a silver bug too. :) But at the? end of the day I will trade for gold.
@davincij15 mr. 15 ... By: johnbarkand. on 24 Jan 12, 04:19:55 @davincij15 mr. 15 what really "changed" my life after 58 years was the realization that
my "physical asset" was myself as a individual human, the rest is just loose change, no pun intended. thank-you for your reply sir. Oh yea, people have been wrong about a lot of things for thousands of years. I still like silver because I have fear
Ron? Paul 2012!
@johnbarkand
Gold ... By: davincij15. on 24 Jan 12, 03:03:13 @johnbarkand
Gold has been money for thousands of years and it's the only physical asset central banks save and its not because of "tradition". youtube.com/watch?v=6-I1mugY5Ds The moment you figure that out is the moment your life changes for the? better.
@davinci 15 mr. He ... By: johnbarkand. on 23 Jan 12, 23:58:14 @davinci 15 mr. He; gold isn't money, its a? rare metal, same? Ron Paul 2012!
@Caturdayz atleast ... By: joejoemorgan. on 21 Jan 12, 11:32:29 @Caturdayz atleast you recognize this? fact.
mmmm what I don't ... By: Jaruco03. on 01 Jan 12, 04:43:17 mmmm what I don't understand is that if Peter believe that paper money? will become worthless or in in the best case will lose a lot of value due to inflation how is he selling silver/gold ("real wealth") for dollars "worthless paper"? I don't really understand that....... The people that are going to make a lot of money on this are the gold dealers and sellers not the buyers just like it happened with the housing market only the realtors made tons of money and the buyers got a foreclose.
what now peter you ... By: sundog1171. on 30 Dec 11, 04:02:39 what now peter you said buy at 1700? now its 1538 can i get a refund
@CitizenNumber Yes? ... By: TWSceptic. on 17 Dec 11, 10:53:36 @CitizenNumber Yes? you are a clown.
HAHAHHH! What a? ... By: CitizenNumber. on 14 Dec 11, 17:08:19 HAHAHHH! What a? clown!
I commented when ... By: Bmx33606. on 14 Dec 11, 10:58:45 I commented when this video first came out and said that Peter is not good at short-term calls. He said that gold is establishing a bottom? when this video came out. Look what happen the past couple of days. I will buy more gold soon, but I knew that Peter was off on this one.
@petiemac24 Doesn't ... By: Minethis1. on 12 Dec 11, 02:44:16 @petiemac24 Doesn't stand a chance? in Hell! Only the standard 8% retards would vote for him.
Republicans lost from the word GO! Although I must say watching the debates is so amusing watching all the Jerry's kids up there.
@petiemac24 Fool ... By: Minethis1. on 12 Dec 11, 02:38:43 @petiemac24 Fool them?? CRB Index is down 30% inflation in Food and Gas does not mean inflation in? the aggregate! If you understood anything about economics you would know that little!
@swatunit4 ,
Ok, ... By: dobberdoss. on 11 Dec 11, 07:25:35 @swatunit4 ,
Ok, but don't you think if China did that they would essentially be saying we are letting the US debt owed to them off the hook? I can see your point though, that would still? fuck the US economy but maybe even bring about WW3
This? is propaganda ... By: MrTraffik07. on 11 Dec 11, 00:41:17 This? is propaganda in it's most diabolic form.
@Minethis1 .....RON ... By: petiemac24. on 10 Dec 11, 23:41:14 @Minethis1 .....RON PAUL? 2012
@Minethis1 ...Are ... By: petiemac24. on 10 Dec 11, 23:40:39 @Minethis1 ...Are you really going to try and? fool people into thinking they are spending less of their paychecks on food and energy? If you can't see obvious sign of inflation all over the place, you are hopeless.
@Minethis1 You dip ... By: orionstarman. on 10 Dec 11, 20:04:21 @Minethis1 You dip shit. I was only pointing out the trend. I know oil is down alot since the peak but don't expect? it to stay there. Especially since we're past peak oil production.
@Minethis1 Hope the ... By: orionstarman. on 10 Dec 11, 19:57:53 @Minethis1 Hope the EZ prints their ass off? Thats what got them into this mess. Borrow, print and spend like there's no tomorrow. Works every time.
How about the people who bought and held gold since 1981? When do they get their money? back. or 1969, or 1984 or 2001. See I can cherry pick too.
@dobberdoss In ... By: swatunit4. on 10 Dec 11, 10:29:05 @dobberdoss In regards to timing, the ball is in Chinas court. Watch China very closely, when they announce that they want nothing to do with the US dollar any more, markets will crash, and it will become difficult to take physical possession of metals. So just continue stacking precious metals. As a guess, I'd say 2013-2015 timeframe, but you never know, China may want to continue playing this game for 20 years. Either way, precious metals will? continue to rise.
@Caturdayz Buy food ... By: Hotrodluvmut1. on 09 Dec 11, 06:16:05 @Caturdayz Buy food first! then guns, lastly metals! Food, and water,? are by far most important!
@orionstarman You ... By: Minethis1. on 09 Dec 11, 03:39:46 @orionstarman You better Hope to what ever God you prey to that EZ Prints there ass off and we don't fall into a Deep Global Deflation. Because that? Gold and Silver Will not be Worth the Toilet paper you Wiped your ass with today!
BTW Let me Quantify something else for you! Gold Inflation Adjust is still down 75% since 1980! Those that Bought and Held since will hopefully get their money back in about 46.5 Years from now. I Used the word "MAYBE" Mind you! ROFLMAO!
@fausto412 Since ... By: pjarosz. on 22 Jan 12, 09:50:29 @fausto412 Since the means to produce the goods have gone up as well, the supplier cannot take advantage of the higher price and produce more goods. The end result is that we end up in the same position as we are in now. They gave us bailouts, we spent it, and we are still in recession. Thankfully some of the misallocations were liquidated before the bailouts so we are not in as bad of a shape as we could have been if? the bailouts came sooner.
@fausto412 This is ... By: pjarosz. on 22 Jan 12, 09:50:11 @fausto412 This is exactly what needs to happen during a recession for the economy to be restored to health. ? Resources that were misallocated have to be reallocated to more efficient means of production. The misallocations will still be present in the system if you increase the money supply. As a result higher prices will ensue. With more money chasing the same amount of goods; you will have higher prices but no change in the satisfied demand for consumers because quantity supplied is the same.
@fausto412 I have ... By: pjarosz. on 22 Jan 12, 09:49:31 @fausto412 I have read it. They're problem was not a liquidity issue. No recession can be cured by printing and spending that money. There is never a lack of demand. People will always want things. The problem? is that they can't afford it, because they don't make enough money. They don't make enough money because they not productive enough. If they were to find ways to become more productive, then supply would increase, as would wages, prices would fall and demand would be further satisfied.
@pjarosz ... ... By: fausto412. on 20 Jan 12, 15:05:53 @pjarosz ...reserves which is just plain crazy and because inflation is so low they come out ahead letting it sit even without the interest they collect on excess reserves from? the fed. That's why the baby sitting coop calls for something to make money that sits still loose value and encourage people to use it so the economy works. bank's interests are not in line with the overall economy. Krugman and others been on this since 2008.
@pjarosz just to ... By: fausto412. on 20 Jan 12, 14:50:41 @pjarosz just to clarify, printing the money alone doesn't solve the problem. You have to spend it. You have to get it into the real economy ie people and in a productive way. Since 2008 the monetary base has tripled but that is money sitting on the sidelines. It is money? that isn't making it to the people, it isn't building things. It's just created out of thin air by the fed to help banks, not people. bank have no incentive to put the money to work because they collect interest on...
@pjarosz I have not ... By: fausto412. on 20 Jan 12, 14:45:35 @pjarosz I have not read his book but I've read his blog and articles for 4 years. Read the baby sitting coop and think, think hard. The reason a recession such as the? great recession can be "cured" with not just printing money but actually spending it is because demand is far below the capacity to produce. Businesses won't spend and government is the only one who can borrow to get demand back up. You either spend or wait around while equilibrium is restored sometimes in 2020+
@fausto412 Wow you ... By: pjarosz. on 19 Jan 12, 02:35:12 @fausto412 Wow you are completely wrong. Have you read Krugman's book; The Return of Depression Economics?? Pg 20 "... it (the solution) was simply because the monetary screwup had been rectified. Recessions, in other words, can be fought simply by printing money?and can sometimes (usually) be cured with surprising ease." His own words. Peter has every right to rant about how stupid Krugman is. Don't just say things that aren't true. Maybe next time you won't embarrass yourself
Schiff doesn't ... By: fausto412. on 17 Jan 12, 20:40:24 Schiff doesn't answer any of the questions the Baby Sitting Co-op poses, he basically rants about how stupid Krugman is without understanding any of the Baby Sitting coop and? why it is so enlightening. If you think Krugman is an idiot, consider sometimes idiots don't know when someone else is smart and they are the idiot.
This take on the ... By: fausto412. on 17 Jan 12, 20:39:25 This take on the baby sitting co-op is so wrong that it is sad and embarrassing.
slate com/articles/business/the_dismal_science/1998/08/babysitting_the_economy.single.html
Read the whole thing yourself. Krugman isn't holding that up as an example that printing money works. Poor guy misses the whole point of the story. It is an intellectual exercise. READ it and think on? it,
freaking hilarious
? By: atticusdeep. on 02 Jan 12, 10:38:58 freaking hilarious
?
It's true. This is ... By: TimothyADonaghue. on 01 Jan 12, 23:31:34 It's true. This is a perfect? micro-example of the failure of central planning. LOL!!!
@snowleopardNW ... By: TeaParty1776. on 01 Jan 12, 22:55:45 @snowleopardNW Monetary? and credit inflation causes price inflation regardless of all other causes or coincidences that may hide or slow the price inflation. Only private money and unregulated banks respond to production instead of politics. Trash the Fed. Tar and feather Bernanke and Geithner and Krugman. Back to gold.
@mikizzle1 How ... By: Minethis1. on 27 Dec 11, 02:49:46 @mikizzle1 How About looking up You are Clueless just like Thomas Sowell! Federal reserve saved all our asses! Corporate America Has 2.2? Trillion Domestically and 1.7 Trillion Internationally total 3.9 Trillion in Cash! Or 1/4 our debt. Tell me Why are they not creating jobs? The FED? Gov? Banks? How much they need 6 Trillion 8, 10 Trillion? How much us the Magic number?If they Don't invest and the Gov shouldn't who will? You? What will happen to the economy? Collapses! Your Clueless!
@Orbknow We have ... By: Minethis1. on 26 Dec 11, 21:36:05 @Orbknow We have more than enough saving thats how the Money Supply was expanded via Bank Credit! Yet you want to save! How You going to save if people don't spend money? Why would You Invest if People are not Consuming and? saving instead? Makes Absolutely no sense! You Would know this if you Had a clue about economics! But You Don't Yet you speak with full ignorance!
@Minethis1 I? save ... By: Orbknow. on 26 Dec 11, 20:43:11 @Minethis1 I? save my money by putting it in a bank, which makes it available for loaning to people, who produce things with it.
@ElJefer - I wish ... By: snowleopardNW. on 23 Dec 11, 01:33:50 @ElJefer - I wish that were the case, but it's very rare that I hear austrians acknowledging those other variables, or the reality that deflationary cycles can often be? hard to break without increasing liquidity. The austrian school of economics has some good ideas that complement the other schools of thought, but subscribing solely to that line of thinking is doing a disservice to oneself.
In debt? Print ... By: ElJefer. on 23 Dec 11, 01:24:41 In debt? Print money. Inflation? Increase interest rates. Deflation? Decrease interest rates. Booms and busts? Borrow money. In debt? Print money. Inflation? Increase interest rates. Deflation? Decrease interest rates. Booms and busts? Borrow? money. In debt? Print money. Inflation? Increase interest rates. Deflation? Decrease interest rates. Booms and busts?
@snowleopardNW? ... By: ElJefer. on 23 Dec 11, 01:17:15 @snowleopardNW? They do not disregard the variables, it's an all-else-held-equal argument.
Even when? Peter is ... By: Sinisterene. on 20 Dec 11, 02:23:09 Even when? Peter is drunk off his gourd he'll easily defeat economic ignoramuses B^|
all of the austrian ... By: snowleopardNW. on 19 Dec 11, 10:27:54 all of the austrian arguments? about monetary policy imply that increasing the money supply will automatically create inflation. such arguments tend to disregard other variables, like the velocity of money as it moves throughout the economy, and the amount of credit leveraging by banks.
@doughtymqan Save ... By: Minethis1. on 17 Dec 11, 16:37:36 @doughtymqan Save your money my friend put it in the corner and let's see what it produces. my guess is NOTHING! but i could be wrong! hahahahahah When you save enough to make a chip factory let me know! Moron!?
@doughtymqan Or ... By: doughtymqan. on 17 Dec 11, 16:26:50 @doughtymqan Or borrow money someone else has? saved. Either way, production comes before money.
@Minethis1 King ... By: doughtymqan. on 17 Dec 11, 16:24:56 @Minethis1 King Midas had lots of money, but in the end it was worthless because he DIDN'T PRODUCE ANYTHING. You want to make computer? chips? Use money you have SAVED
@TWSceptic MEATHEAD ... By: Minethis1. on 17 Dec 11, 15:00:07 @TWSceptic MEATHEAD! HE DIDN'T BELIEVE HIS OWN WORDS AND LOST -60% OF HIS CLIENTS PORTFOLIOS! YOUR ARE THE ONE WHO HAS BEEN GETTING SERVED ALL THIS TIME? AND WILL CONTINUE TO GET SERVED!
@Minethis1 NO ... By: TWSceptic. on 17 Dec 11, 10:42:24 @Minethis1 NO DUMBASS HE IS RIGHT YOU? ARE LIKE THOSE FOOLS ON TV THAT DIDN4T BELIEVE HEM BUT YOU GONNA GET SERVED FOOL!!!!!!
I thought I'd copy your style...
Black Friday is? ... By: jneil2007. on 30 Jan 12, 07:59:00 Black Friday is? the worst day of the year in my book.
@optionism Well ... By: jneil2007. on 30 Jan 12, 07:50:51 @optionism Well said. it's a shame people like Schiff are just now becoming? mainstream.
@MrGTR22 Yes your? ... By: IRopi2. on 11 Jan 12, 04:42:58 @MrGTR22 Yes your? full of it.
@PumpkinJoe999 ... By: optionism. on 09 Jan 12, 08:01:11 @PumpkinJoe999 Stores in expectation of the spending of holiday season and Black Friday, increase employees. However, they also cut back on workers in after New Years in expectation of retail's slowest? month, January. Why is it the slowest? Because everyone went broke in December.
This demonstrates why Keynesian temporary stimulus doesn't work. You can increase spending temporarily, but businesses will revert once stimulus is stopped.
@PumpkinJoe999 ... By: optionism. on 09 Jan 12, 07:47:25 @PumpkinJoe999 Black Friday is inflationary and? deflationary. To understand inflation and deflation's causal effects, consider these purely inflationary or deflationary scenarios. Stores keep prices the same on Black Friday and raised prices on the day after. Stores lower prices on Black Friday and keep them low. Each would increase buying because smart shoppers take advantage of prices. But, deflationary prices generate slightly more buyers because marginally more people can afford the prices.
@IRopi2? BS By: MrGTR22. on 05 Jan 12, 07:35:14 @IRopi2? BS
Actually, at about ... By: PumpkinJoe999. on 23 Dec 11, 21:11:30 Actually, at about 3:30 when he's talking about the lower prices it actually demonstrates the Keyensian point? that when people have INFLATIONARY EXPECTATIONS (meaning prices being low in the present[black friday] and rising in the future [after black friday]) they will go out and spend more and jobs will be "created" in order to meet the demand.
Just sayin
@TWSceptic Yea your ... By: IRopi2. on 20 Dec 11, 05:33:41 @TWSceptic Yea your right as of today is 61% SIXT ONE PERCENT LOSS!!!!!!!!! THIS IS A FACT! JUST GO TO YAHOO? MONEY AND LOOK IT UP! But he is a long term investor right? so if allocated $1 million of peoples assets today the are worth $390 but don't worry it will turn! Stupidity!
@IRopi2 You are so ... By: TWSceptic. on 17 Dec 11, 10:39:01 @IRopi2 You are so ignorant that you don't even realize it, it's really quite funny from? our side of the spectrum.
@LJPpro O Now Peter ... By: IRopi2. on 16 Dec 11, 13:19:02 @LJPpro O Now Peter is a long term investor! I see now the trade didn't work out so immediately Swath to the Hopium trade (long term investor) Yea that makes sense up to the point he loses FIFTY % OF HIS INVESTMENT! You can't lose 50% and call it an investment any more! It's? called A BAD TRADE!!!!! BONDS Are Risky now???? Since when? CLUELESS!
@IRopi2 Schiff is ... By: bluenijnja. on 15 Dec 11, 05:37:42 @IRopi2 Schiff is not wrong as he is looking at long term investment where gold and silver are stable and will always have value. Those ZROZ bonds and SPX can tank and make you lose big. I could litterally go on about where and what people should invest in, of course people? will flock to high return investments. However, it is also very easy to lose money in stocks and by looking at where were heading economically I prefer ro stay ouf of risky investments.
@fosterchild4523 He ... By: IRopi2. on 13 Dec 11, 22:35:34 @fosterchild4523 He is down 40% on his US Bond Short! No One can withstand a 40% loss in his portfolio. ll his calls are ass backwards! Short the Dollar it will collapse it blew up in his face! Buy Overseas! Blew up in his face down 30%! Buy Silver in the 40's Blew up in his face. S&P Down graded US buy Commodities! Blew up in his face down 35% FCRB collapsed. BBetter off owning EURO Bonds. lew up in his face Yea? Okay he is an "Investor". Rationalize all you want it won't change reality.
@IRopi2 Peter is an ... By: fosterchild4523. on 13 Dec 11, 11:30:44 @IRopi2 Peter is an investor not a trader. His advice is sound in the long term. You can make a lot of money trading but you can also lose a lot of money. I was getting rich during the housing bubble but got? caught with my pants down when the market crashed. I still have properties that I literally can't even give away.
@bluenijnja I am ... By: IRopi2. on 13 Dec 11, 06:55:33 @bluenijnja I am arrogant but I made 36.7% this year buying ZROZ (25 year Bond) If I would have listened to PS I would have been crushed! Much the way he is Crushed! I Shorted China India Russia and bought? SPX up 25% on That trade! Currently I am short SLV and GLD. Up 3% on That trade too. Why don't you get arrogant like me and do the opposite of what PS says and make money! He is wrong and will continue to be wrong!
@IRopi2 You've ... By: bluenijnja. on 10 Dec 11, 07:53:46 @IRopi2 You've shown your true colors once you states that I dont have an ounce of credibility and I have disuted your facts, but much of mine you seem to ignore or realized that they are fact. Yet you are arrogant enough to say you dont have to prove anything. You ignore the importance of national? debts many stay away from bonds in the EU and US as they are showing they wont be able to pay it back. Printing money will not solve our problems.
@bluenijnja ... By: IRopi2. on 10 Dec 11, 04:49:54 @bluenijnja Completely idiotic that some one wants to do that? Really! But I am not a credible economist! Hahahaa! I am Ben Bernanke!? Is that credible enough to you? Amusing to me that you can't dispute my facts and you decide what the heck I'll take a shot at personal attacks! Nice try! Your grasping at this point. Google my Facts you will find them. I don't need to prove anything to you!
The lower the interest rate the higher we can raise them later and still keep the growth rate going. STUDY
@IRopi2 The US is ... By: bluenijnja. on 10 Dec 11, 00:50:41 @IRopi2 The US is in the same situation b/c we also have a large debt to GDP ratio, Im not sure if youre refering to bond interest rates,? but the lower they are the worst of an investment they are. I dont know where you got the 1/4 trillion bidding on 36 billion and Id like to see where you got that from, but its completely idiotic that someone would want to do that. Plus dont talk about credability unless you are some credible economist, which you clearly are not.
@bluenijnja The US ... By: IRopi2. on 08 Dec 11, 21:48:53 @bluenijnja The US is the Same Situation with EU?? What?
Euro Bonds 7% 14%, 25% 90% etc
US Bonds Zero %, 0.88% 1.8% etc
How is that remotely the Same? in the most recent auction there was 1/4 of a trillion Dollars Bidding for 36 Billion dollars of 4 week bonds at ZERO PERCENT!! HELLO!
What you are saying is ridiculous! You don't have an ounce? credibility. None! We printed and backed stopped all our banks from the beginning. When all you crazy's were saying No! Now does it make sense to you?
@IRopi2 They ... By: bluenijnja. on 06 Dec 11, 21:27:33 @IRopi2 They actually have done something similar to what the fed did by giving a 750 billion euro resue package to ease the debt problem. Unfortunatly this does not boost confidence in government bonds? and the problem got bigger because its now threatening Italy and Spain. Plus the US's rating has already been down graded and is in the same situation. The US and Europe are insolvent and have just been buying time to elude the inevitable collapse.
@IRopi2 If you read ... By: bluenijnja. on 06 Dec 11, 21:16:29 @IRopi2 If you read more carefully I said there is no way out that will not hurt, and we are heading to collapse if? we continue down with the same economic policies. Printing more money will not stimulate the economy, the cause is that places like Greece took on too much debt and caused creditors to lose confidence. Governments can restructure their debts, but they will be forced to take austerity measures to do so. The best stimulus is to reduce regulations on businesses.
@IRopi2 What you ... By: bluenijnja. on 06 Dec 11, 21:01:28 @IRopi2 What you dont seem to understand is that the government also borrows from the fed, how else could the government function on 60-70 trillion in unfunded liabilities.? Thats how more money comes into circulation which not only went to bailouts, but all the government programs and payroll for public workers. I am not sure what is causing agriculture goods to drop,could be instability in the market, but food prices are still increasing.
@IRopi2 Inflation ... By: vindician. on 06 Dec 11, 07:47:47 @IRopi2 Inflation robs the value of your savings because it decreases the value of the money. How can you not know that? You seem to think? we just landed in this mess. It's been building up for decades, decades of INFLATION. That is why the US is no so much debt, because it keeps printing money which it uses to buy its own bonds to finance its deficits.
For real man, multi-trillion dollar debts don't appear over night. As for the gold standard, the US has never been on a real gold standard.
@IRopi2 US bonds ... By: vindician. on 06 Dec 11, 07:43:38 @IRopi2 US bonds are low because the Fed and other central banks keep buying them. The US will collapse, because there is no way it can pay back its debts. Just a matter of time. In 1920, the US slashed its spending with 50% and the Fed didn't print a damn? thing. It all was over in a year. The cause of 1929 crash was money printing, and had they just let the recession pass, it would have been over in a year or two. But they didn't, they intervened, and printed money. It lasted 16 years.
@vindician " ... By: IRopi2. on 05 Dec 11, 22:08:03 @vindician " Inflation only benefit debtors" Thank you very much for proving my point. We are in a DEBT recession! Hurting savers? What are you talking about! If we collapse savers will get NOTHING! THATS what HURTS Savers. Not inflation. People who can save produce excess income constantly. Look at Exxon Mobile net profit 30 Billion Zero taxes GE etc? These are the savers. US Assets are 57 Trillion Liabilities are 15 Trillion LOL! Do you know that Liabilities must exceed Assets for a collapse?
@vindician I don't ... By: IRopi2. on 05 Dec 11, 21:53:12 @vindician I don't understand monetary system or you? Our Bonds are at historical lows while our debt has increased by? 40%. According to you we should have collapsed. The truth is the opposite is true. Why because you and PS don't understand monetary system! Thats why! 1929 went to hell because of PS and your idiotic thinking. Guess what they didn't print in 1929 we Were on the GOLD STANDARD in 1929. Proving PS & you don't understand the Monetary system once again!
![Obama\](http://i.ytimg.com/vi/840uysdm924/2.jpg "Obama\")
![Global Central Banks Ring Gold Buyers\](http://i.ytimg.com/vi/f0gWI31on7Q/2.jpg "Global Central Banks Ring Gold Buyers\")
![Black Friday: America\](http://i.ytimg.com/vi/Ve8vsIntwYc/2.jpg "Black Friday: America\")
Latest comments made on this video:
By: lastpoet1. on 02 Jan 10, 09:34:39
i hope u make it in there to change the system cause the whole world will lose and starvation across the world will be? the norm am not green peace but i hate to see pain when its made by the bankers of the world cause there is no compassion from them
By: idrobinhood. on 15 Dec 09, 07:27:05
Your talking about trickle down economics? with incentives by tax deductions. What we have today is more like Triple Up Economics without incentives to invest into businesses of America.
By: idrobinhood. on 15 Dec 09, 07:22:58
ARMs are keeping the Fed from raising interest? rates. If rates went back up. Banks would within 4 to 6 months return back to defaulting and filing bankruptcy. The ARMs should have been forced into Fixed rates this year 2009. To late.
By: sesyyammber. on 08 Dec 09, 06:13:06
i am? soo lonelyy any one up for some chatting with a cute girl
By: SexxyAmberii. on 10 Nov 09, 14:29:24
well i? really want to chat i have pics too^^
By: GuitarMatician. on 10 Nov 09, 04:35:47
xoctor: I don't think you watch Beck. Imm sure he believes everything he's saying & he's passionate about it & I don't care if you believe that or not; it's true. He is stating facts w/ VIDEO! And yes, people want to hear it b/c they want to KNOW what is going on. I think he has a healthy self-esteem & I think that's good. You have to, to be in the television industry. I imagine everyone on tv is a narcissist to? some degree. I'm an actor & I think I'm humble, but I have good self-esteem.
By: xoctor. on 10 Nov 09, 00:54:48
Beck is an unprincipled populist? narcissist. He says what people want to hear, not because he believes it but because it makes him money.
By: xoctor. on 10 Nov 09, 00:52:36
Buffet? operates within the system as it is. Suggesting he has to pay more than the system requires or he is not entitled to point out that the system is unfair is just silly. He is doing the right thing calling for the system to be made fairer. The uber-wealthy already benefit disproportionately from the wealth of the USA. They can afford to contribute more, including contributing to ensure the government doesn't waste the people's money in ways that don't benefit the national interest.
By: GuitarMatician. on 09 Nov 09, 23:47:11
Europa, I didn't watch his tv show during the time of? the 1st bailout, but on his radio show I KNOW he was urging people to call their congressmen & senators to tell them to vote no & that included Bush's. I think he was for it for a couple of weeks till he learned more a/b it. As for the Patriot Act, I think a lot of people use to be for it for a while after 9/11 (my parents use to be) but after a while people realized how dangerous it's become & recently people are more interested in freedom.
By: europa. on 09 Nov 09, 20:51:48
Glenn Beck speaks on good subjects but he is a coporate shill, he was for the bailout,patriot act? and loved bush. he's just jumping on a movement
By: clearasvodka. on 09 Nov 09, 10:03:12
That may be so but consider that solar? panels use silver. Green products like solar panels are going to be more available as time goes by. Also, consider that the world supply of silver is low. We certainly are not moving away from tech devices like computers and cell phones any time soon. These products contain silver. It's a great buy no matter how you look at it......
By: MAJESTIC10110. on 09 Nov 09, 09:33:41
9th November 2009 will be the mother of all crashes, as everyone for Gold dashes. Silver too its price does swell as paper money goes to hell. Money multiplies half again and silver is more than gold in ten. Bread is 4 then 6 then 10, mouths will feel the? hunger then. Keep your family safe from harm, silver coins work like a charm. Storing food is good for you as supermarkets raided too. When man realises he controls the world through united mind and ways of old.
By: Chainedorlo. on 08 Nov 09, 00:12:31
So being president of a? brokerage firm automatically makes you corrupt. Unless you pull up an fucking details, then you're just another shouting, incoherent moron.
By: Chainedorlo. on 08 Nov 09, 00:11:30
Don't watch Beck.?
By: GuitarMatician. on 07 Nov 09, 08:35:46
I love economics & I'm glad I found your channel. I was wondering what party you are planning to run under? Republican, Conservative, Constitution? I'm? only 13 and I live in MO, but it's hard for me to find people on YT who know what they're talking a/b. I usually watch Beck everyday, but I missed it today cause I had play practice. I'll have to check it out on the YT site. I worry a/b my future as a kid who will be dealing w/ the mess when I get older. No one seems to care a/b us.
By: theunbubba. on 07 Nov 09, 01:41:59
M0LONLABE My, aren't you? the propagandist. Stooge for the Goldman Sachs Oligopoly.
By: M0LONLABE. on 07 Nov 09, 00:45:13
we know who he his... wonder why is president of a brokerage firm and is still allowed to speak way to freely about the corruption in? our financial markets and government? Think. Could he possibly be .... ummm .... think about it.... no red flags ring in your little head ...
By: TraderSteveR. on 06 Nov 09, 23:52:05
MC,? Timing IS everything.
By: Chainedorlo. on 06 Nov 09, 21:53:56
Elitist,not state who he is? You're just shouting incoherent ideas.? Why don't you be a little more detailed, or are you not capable of critical demand?
By: mcatalanello. on 06 Nov 09, 16:52:22
After reading Crash Proof, I opened an account with EuroPac in March, 2009 with 20K. Between then & now I added another? 12K. I know nothing about stocks, so followed my broker's recommendations. Today (11/9/09) my account is worth $47,013.51. Peter doesn't promise short-term profits, but I surely have made out over the short-term. Thank you, Peter!
By: growliberty. on 06 Nov 09, 16:26:38
Malik Nidal Hasan ObayMao believer killed 13 and wounded 30 honorable innocent Americans at their home base in Ft Hood Texas. I heard he shouted God is Great as he opened fire. I also heard? he was pissed off that Obama is moving to slow in his support of Islam. Another Islamic terrorist Obama voter, typical America hating Democrat. And now ObayMaos congress pushes this Fing death bill though with the cover of fire. Stand up America, do what you can to stop these extremists. Fight the Bill!!!
By: texascagematch. on 06 Nov 09, 14:19:41
Peter is doing a great deed for our country. Exposing? the government and corporate corruption that has, much like a malignant cancer, invaded the very foundation for which our country stands, he is one of the few in the media that i would call a real American. A real American stands up for the people. Let's not forget who's important here, it's us. We have to wake up and listen and learn about what's really going on around us, or the government will continue to strengthen it's self-serving grip.
By: M0LONLABE. on 06 Nov 09, 12:45:11
Exactly, well stated. Wouldn't trust this guy, way too easily played out. Now add the e-begging to it and it all starts to? stink.
By: Jozobrindie. on 06 Nov 09, 10:28:17
Always looking forward to your videos. Keep? up the good work!
By: EmeterioBetances. on 06 Nov 09, 07:12:21
Peter Shit I? mean Schiff GO FUCK YOURSELF!