Peter Schiff - End the FED Rally - FOX 04/24/2009

[16sag7]

The gold standards is dead and not worth talking about. Their could never be enough gold to cover a trillion dollar economy. What the real problem with the FED, it charges us interest for using our own money. You will not hear the real truth on the news about the FED. If we get rid of having to go in to dept to use our own money the US economy would be far better. Now research where you income tax really goes. It goes to pay the FED for interest they charge us to use our own money. Get it!

[fubecabr]

"The gold standards is dead and not worth talking about. Their could never be enough gold to cover a trillion dollar economy"

Why? Gold is almost infinitely divisible. The basket of goods and services in the economy would determine how small denominations would be. There's no reason you couldn't use an electronic system to represent grams or grains of gold.

[16sag7]

Good pont but still gold is not needed. If you could just get rid of the system where we have to pay a private bank parading as a government entity interest just to use our own money.  There is a reason the private bankers wanted to be the middle man to issue the goverment our own money they get to charge interest. Even the credit card system was divised to extract a peice of every transaction where money changed hands under the guise of convience.

[fubecabr]

"If you could just get rid of the system where we have to pay a private bank parading as a government entity interest just to use our own money."

But debt-based fiat money and non debt-based fiat money still depend on a government or central bank to resist the temptation to create mountains of money. History has taught us that no government or central bank has ever been able to resist that temptation in the long run.

[16sag7]

fubecabr: You are completely right. But you fail to realize the same interest behind that government still drove these dicision . When the bankers did not have the FED inplace they still influenced the government through buying the politicians. No matter what system we had in place the bankers still manipulated the financial system to cause failures to justify their federal bank, The people have never really been in control because they have no access to the workings of the Government.

[credo33ad]

too little gold? rubbish!

it is a commodity and can therefore its value will adjust to quantity/demand. As the economy grows we just would require

smaller amounts of gold to buy the same goods and services (ceteres paribus).

[Charlesperalo]

@credo33ad But no man that can't happen forget the facts and remember the Fed runs back room deals behind congress.

Onto seriousness you sound like a guy who knows a thing or two about money. I have an interesting idea I'd like to tell you may I?

[streakAsia]

they worry of the credence to the voice. Why didn't the MAJOR NEWS report until NOW. AFRAID to have everyone hear? Too much noise to hide now and so they want to control what you see and hear again.

Alex Jones, judges and congressman are telling you for years what is going on and they were called LIARS but NOW they admit... how can it be true now but not then?

Do we believe what you say now or the last time? What side of the mouth are they all talking out of?

[streakAsia]

CEO's VP's PROFIT and MARGIN CALLS... IS THAT WHAT YOU WANT TO RUN YOUR GOLD?

[streakAsia]

They NOW ADMIT it in the OPEN that they are NOT part of the Government. ASK WHO OWNS THEM?

[streakAsia]

The Fed has to go, go get the gold for your dollars and I will say go get it. They told you it is backed by GOLD.... WHERE IS IT?

[AngelWithGuns42]

The John Galt Solution is the only solution.

Stop forging your own chains and shackles!

[mastershakelock]

All you Dave Ramsey whores dry up and die.. along with the FED

[razorflown2]

"End the Fed" just doesn't have a nice ring to it.

"Fuck the FED" ... Now that's a statement.

[Entropy137]

Unfortunately the need to make T-shirt to sell. So for now, it's just "End the Fed"

[bigyodatheman]

There plenty of shirts that say fuck on it.

[streakAsia]

GOLD FROM THE FED FOR YOUR DOLLAR