What a great book! I am very happy to own to a copy. I will smile as I place this great piece of literature in my personal library! Great job Mr Peter D. Schiff and Mr Andrew J. Schiff.
Quite a wiley con to pimp your publication. 35,820 views and ONLY 26 dislikes. Make it 27 ... you are dishonest in promotion so why would I trust your writings?? If you will screw us like this for free how much worse will you rip us off for money??
@freemanalan1 Because not many people dislike his book or this video, Peter is dishonest? So you think Peter is in cahoots with Youtube? Do you think Peter really needs the money from his book sales? I don't even know what you're insinuating because your argument doesn't make sense. I've read the book and would give it 10 out of 10. And if I hadn't read it, I wouldn't give it a rating, especially a thumbs down due to a lack of thumbs down.
Same Here. I buy it instantly given that it is written by Peter Scriff. I am an engineer with no economic background but my knowledge in economic is way better thanmy surrounding friends who study commerce. I listen to Scriff Channel everynight
This is such a great book, I had it added as a supplemental text for the high school economics class I teach. Really simple explanation of complex economics topics, and done in an entertaining way. This is the best introduction to economics in print!
What have economists said about PLANNED OBSOLESCENCE since then?
How much have American consumers lost on depreciation of automobiles since then? Do we now have the planned obsolescence of computer software? We really need operating systems that take up 10 gigabytes of disk space. LOL
7 billion people on the planet and we listen to economists that can't do algebra.
I would strongly recommend this book to anybody of any age or occupation. There is not a single person on this planet who wouldn't benefit from some economic knowledge. Unfortunately, our children are not taught these important principles, and when they grow older, they tend to vote for the political propaganda forced upon them by the pop culture media. We are essentially destroying our own society with our blatant ignorance.
Soon these other countries will realize that they do not need to supplement and support our debt and out of control spending habits, and when this day comes, America as we know it will collapse.
He literally illustrates how savings and production are the true keys to a healthy economy, and he strongly disapproves of the artificial consumerism that is currently keeping America afloat. He mentions the role of foreign countries buying our treasury bonds, but he warns that this practice will not continue to last for long.
In his book, Schiff tells the story of Usonia, a small tropical island meant to represent the United States. He uses fish as currency that is represented through paper bills not unlike how gold is represented through dollars in our society. Through pictures and narration similar to storytelling, Peter goes on to explain just how America became so prosperous. He uses symbols and representations to depict real people and events in history.
Peter Schiff, a supporter of Austrian economics, predicted the recent burst of the housing bubble and the following economic collapse far before it actually occurred. His views have been viewed as overly pessimistic, and he has thus earned the nickname "Dr. Doom." When his predictions came true, the media finally recognized that he was right all along. However, he still faces his critics, and his book How an Economy Grows and Why it Crashes is his way of explaining his rationale.
The government controllers knew this way long ago. 22 years ago economic professors taught that year 2010, without immigration, was the predicted breakdown date based upon the population number; That the birth rate would be the highest ever in history and prices would rocket high and job creation would not be fast enough. They did the opposite to prepare for this 10 years prior and we've been spending like a credit card madman. THEY are misleading Obama as "experts" making him a dumb puppet
@TheBlitz1 you must hang out with an ignorant crowd. I suppose you believe its owned by the government to. Only an ignorant fool would deem the money supply of a country hillarious.
Since the creation of the Fed, the US Dollar has lost 97% of it's purchasing power. Cut a penny or quarter in half, and you can see that the core of the coin is composed of a cheaper metal. The silver of a quarter is just a thin veneer. 1/20th of a dollar could by a sandwich back then, and now it takes as much as $5 or more. That purchasing power didn't just vanish - it was effectively a tax that went to pay for our welfare/warfare state. It's past time to start caring about the Fed
@Jaycephus01 the fed just allows the government to spend money it doesnt have
but the fed can't create (and steal) money forever, because the more the government spends on useless things like warfare and liabilities the less capital the economy has until it has none left
i jus wanna say.. peter u shld hav got a better narrator for the ad... brilliant book btw.. i jus finished readin it... ur an excellent teacher.. and i cant understand why politicians and govt dont come to u for advice!!
Economies grew and crashed during the Gold Standard era. From 187 to 1910 every 4 to 7 years the USA economy would experience a boom/bust cycle over and over and over.
.
This is why fiat currencies were invented because monetary theory can modulate the effects.
.
Also, what 'Real Money' and 'Commodity Currency' and Gold Bugs like Schiff NEVER mention is why countries went off the Gold standard in the first place.
.
It was because other countries could manipulate the asset that backed money.
@Knepperify1 "This is why fiat currencies were invented because monetary theory can modulate the effects."
Fiat currencies, at least in the United States, was invented because the US was bankrupt. FDR confiscated all US citizen's gold (really, he didn't get it all back) and used the gold ti pay off foreign investors after revaluing the dollar.
The banks, illegally, issued more money than they had gold backing it up. It was fraud.
Fiat currencies have existed for thousands of years, and for good reason.
1) You get to control the asset side (gold or bonds) of the equation.
2) You avoid the every year boom-depression cycle that is inherent to all gold backed currencies.
Go read up on your 19th C. USA economic history. Every few years, a nasty depression, and having gold did not prevent the problems you seek to solve. If your enemies can speculate on the gold that backs your money, you are screwed.
@Knepperify1 "Go read up on your 19th C. USA economic history. Every few years, a nasty depression,"
In the 1900s, and economic contraction was called a depression.
Today, we just renamed them to recessions.
If you are happy having all your savings inflated away, and being forced to constantly actively manage your savings, while people who know the fed can front run the market - well, good for you - you're an idiot. Lots of stupid people in the world today.
Did anyone else pick up on the fact that Able, Baker and Charlie are all tests from Operation Crossroads. A nuclear weapons test program at Bikini Atoll in the pacific proving grounds back in the 1940s
@antoniocostaamaral Ever read "Human Action" ? It makes perfect sense, but only for a person already acquainted with economics and rather highly intelligent - these are rare assets in today's mass-educated adults.
Man, economy, and State and power and market is also a great read. I reckon that one must first get acquainted with Austrian economics and marginalism before even trying to read Mises' Human action. I tried and gave up quickly. 2 years later, after studying for a while, I am now able to see what I couldn't see before.
I will buy his book when I see gold reach $5,000 per oz and a 1:1 ratio with gold and the dow. Schiff said "in the next couple of years" we would see that. I am not seeing it, a 20-25% change in gold value over 9 months do not $5,000 "in the next couple of years" And the Dow has increased have 10% over that time, meaning you would have to see a fall of the by over 50% in less then "the next couple of years" and continued see gold go up at the same rate, for 4 years straight.
@pulsescan72 Sure do wish there were not so many who believed this. I think there is a way to do something before it is too late.Why believe this ostrich like perspective. What can intelligent proactive people do to find a solution would be what I would like to hear as a response and see in action. United to show that people are not so stupid as is feared.
the video, the book, and schiff are all great, but this ad needs a new narrator. His voice is not powerful enough. it's like im struggling to understand what the narrator is saying. maybe his voice is too low or something. put some compression on his voice, boost the volume, and recut the commercial. otherwise, good job. I'm ordering the book right now. Already have the original "king of maltz" and love it.
Peter you need a new narrator for this trailer. He sounds bored. Take a page from Glenn Beck and watch his videos. More sizzle, less steak. The graphics are great, the music isn't bad. Narrator? Boo!
Uh oh! Big picture intuitive thinking! Concepts, principals, and abstract analogies that apply universally despite the insignificant details! Better run sensor traditionalist! Better run to Katie Curic so she can talk baby talk to you and soothe you back to sleep!
I just finished this book and I consider this a classic. Makes economics easy to understand. The illustrations are pretty funny. I couldn't put it down!
You should make your book available on the iBook store for iPads, I live abroad and it is quite difficult for me to get access to this kind of books from other sources.
@zhongguohua88 Don't know where you live, but have you tried Kindle for iPad? I just read my first Kindle book on my Mac and iPhone. Works nicely. I am in Japan and this is very convenient for me.
This was an excellent quick read that really gets to the heart of basic economic principles that our politicians fail to comprehend or just plain don't care to acknowledge. This should be mandatory reading in all high schools.
Already read the exact same book that was written 25 years ago by a guy named Irwin schiff(Peters Dad) Back then it was called "how an economy grows and why it doesnt" Anyway, the book is available for free on the internet. This Irwin schiff is in jail now for tax evasion last i heard. When I lived in Vegas, this guy had a store that had a big sign saying "why pay taxes when no law says you have to?"
I think the only reason and economy crashes is because we as americans let our government do it. We let them put our country in this position and then we sit on our hands. It's simple quit letting idiots run our country. What did we think was gonna happen when tax breaks were given to companies for going overseas. Its like our government gave them incentive to screw the American people over. Everyone who holds a seat in D.C. has betrayed the american people by allowing nonsense to take place
@MeechaMix Not to sound arrogant, but the problem in this country is that anyone can vote no matter how dumb, shiftless or unaccountable they might be. As you note, "we" elected them. I didn't and you probably didn't; but, there a huge number of people in this country who vote out of selfish, stupid or racist motives and they have killed us (note I did not say, "are killing").
I would like to ask the one question to anyone watching this video and making negative comments. Why would the government run public schools want to keep the students ignorant about economics? Just why in the world would the politicians want such a thing in our country that seems to have lost a realistic perspective on consumerism and the problem of human greed and what it means to have "In God We Trust." on the medium for monetary exchange.
@ytgv3fc7 Good answer. Now I would ask, what CAN be done before it is too late? We are not ALL ignorant. What kind of plan can be implemented to convince the ignorant? It is our future here we are talking. (The original previous question, asked a day ago, was really more tongue-in-cheek than a real question. I guess you got that).
@MAgretDHC before it is too late all of us will have to do our best at these skills: learn how to grow a garden, learn how to program & hack computers, be able to carry all the water you need to drink for at least 2 days, learn how to MAKE and store some medicines for travel, learn how to MAKE and use bladed and bullet-firing weapons. And don't ever trust that money with greed brings honesty or efficiency. The damage done so far is so great that for a brief time some deadly prep is needed
@MAgretDHC after a generation of proper awareness and education, such criminals as have risen to power would be confronted too soon to take so much power as they go from their teens into some managed control points in society, easier to take down and these take downs MUST be prison or banishment or something worse for the kinds of destruction NOW put upon us. To convince the ignorant just show them videos of the police brutality, the excuses given by police & judges for it, the theft of
@MAgretDHC theft of all real value using inflation without ever legislating a real tax for which a service is expected, the control of a central bank being so bad that none should be tolerated in lawful society, and of course, to show why completely non-socialistic, capitalistic medical insurance is a death sentence for most, and certainly for an economy. It's about time for "do or die" for America now.
not related to video...i think peter is going to end up being wrong..regarding dollar and foreign currencies...as the US $ will be the last one standing......though he was/is right on Gold...if thats all u did was listen to him on gold (or silver) yrs ago...you'd be up 400%...but investin with him is a mistake...just my rather uneducated opinion
@kissinger666 You/'re opinion is truly uneducated, and thus worthless. By the way, investing with Schiff earned me an 86% return last year. I can live with that.
@MyStoneColdHeart You made 86% with Schiff, I can't believe that, How???? I understand gold silver stocks and such, but perhaps you will lose it this year when the Dollar is at 95. But to earn 86%, you must have got in at the perfect time.
@MOPEDBRAD the dollar is gaining like 1/2 % a day...last time it touched 89, goin from 72 to 89, nobody saw it coming....askin for 95 isnt far fetched....the Dollar may be trash, but its against other weak fiat curencies..in the end it may be toast, but maybe the last to fall. 95 is not only possible, but likely the way the dollar train is going
@chromedreamz no, the us dollar index is a fiat calculation vs other currencies and the CDN currency, Australian, are not dropping like the Euro or American dollars.
The truth is that where you think the us dollar will be 95, the reality is that $1 that day will buy what 20 cents buys today and gold will be 50,000 oz.
Yes, that much.
It's not possible for the US dollar to be manipulated up that far. It's all fraud.
Interested in learning? I highly recommend the following books:
Economics in One Lesson, by Henry Hazlitt
What Has Government Done to our Money?, by Murray Rothbard
Meltdown: A Free Market Look at Why the Stock Market Collapsed, by Tom Woods
End the Fed, by Ron Paul
How an Economy Grows and Why it Crashes, by Peter Schiff
Each of these does an excellent job of explaining economic principles and common fallacies.
Knowledge is power. Read thoughtfully and prosper. Smile, it's good for you. :)
toasterwaterable 4 days ago
lol retarded. if that book were truthful, it would be the most dire, horrific book ever written.
johnniefive80 3 weeks ago in playlist Real Economics
What a great book! I am very happy to own to a copy. I will smile as I place this great piece of literature in my personal library! Great job Mr Peter D. Schiff and Mr Andrew J. Schiff.
StephanSmithFX 3 weeks ago
potato
fawnfromdown 2 months ago 3
Is it propaganda or does it expose the "ponzi" scheme economy for what it really is???
bemorecarefull 2 months ago
Great book. Read it in a day.
jneil2007 4 months ago
This has been flagged as spam show
Obama vs Ron Paul. A MUST SEE video for EVERYBODY on Gold for Money and your vote:
youtube.com/watch?v=ZBd2F_c2fOk
Adriaan1950 4 months ago
Quite a wiley con to pimp your publication. 35,820 views and ONLY 26 dislikes. Make it 27 ... you are dishonest in promotion so why would I trust your writings?? If you will screw us like this for free how much worse will you rip us off for money??
freemanalan1 6 months ago
@freemanalan1 What's dishonest? The only thing dishonest here is your reply.
TWSceptic 2 months ago
@freemanalan1 Because not many people dislike his book or this video, Peter is dishonest? So you think Peter is in cahoots with Youtube? Do you think Peter really needs the money from his book sales? I don't even know what you're insinuating because your argument doesn't make sense. I've read the book and would give it 10 out of 10. And if I hadn't read it, I wouldn't give it a rating, especially a thumbs down due to a lack of thumbs down.
saadk3000 2 months ago 2
Same Here. I buy it instantly given that it is written by Peter Scriff. I am an engineer with no economic background but my knowledge in economic is way better thanmy surrounding friends who study commerce. I listen to Scriff Channel everynight
Mckcvision 8 months ago
This is such a great book, I had it added as a supplemental text for the high school economics class I teach. Really simple explanation of complex economics topics, and done in an entertaining way. This is the best introduction to economics in print!
teddlem 8 months ago
Great book. The truth is always simple.
humanvegetable 8 months ago
This has been flagged as spam show
type in "ski crashes" in the youtube search and click the video with stars in the title to be shocked!
kirkjnr 9 months ago 103
@kirkjnr Go away with your silly thumbs up robots.
god0fgod 5 months ago
Peter, Great vid!!!
sunshine55505 10 months ago
The Model-T was introduced in 1908.
What have economists said about PLANNED OBSOLESCENCE since then?
How much have American consumers lost on depreciation of automobiles since then? Do we now have the planned obsolescence of computer software? We really need operating systems that take up 10 gigabytes of disk space. LOL
7 billion people on the planet and we listen to economists that can't do algebra.
What is NET Domestic Product?
.
psikeyhackr 10 months ago
I would strongly recommend this book to anybody of any age or occupation. There is not a single person on this planet who wouldn't benefit from some economic knowledge. Unfortunately, our children are not taught these important principles, and when they grow older, they tend to vote for the political propaganda forced upon them by the pop culture media. We are essentially destroying our own society with our blatant ignorance.
ksubr267 10 months ago
Soon these other countries will realize that they do not need to supplement and support our debt and out of control spending habits, and when this day comes, America as we know it will collapse.
ksubr267 10 months ago
He literally illustrates how savings and production are the true keys to a healthy economy, and he strongly disapproves of the artificial consumerism that is currently keeping America afloat. He mentions the role of foreign countries buying our treasury bonds, but he warns that this practice will not continue to last for long.
ksubr267 10 months ago
In his book, Schiff tells the story of Usonia, a small tropical island meant to represent the United States. He uses fish as currency that is represented through paper bills not unlike how gold is represented through dollars in our society. Through pictures and narration similar to storytelling, Peter goes on to explain just how America became so prosperous. He uses symbols and representations to depict real people and events in history.
ksubr267 10 months ago
Peter Schiff, a supporter of Austrian economics, predicted the recent burst of the housing bubble and the following economic collapse far before it actually occurred. His views have been viewed as overly pessimistic, and he has thus earned the nickname "Dr. Doom." When his predictions came true, the media finally recognized that he was right all along. However, he still faces his critics, and his book How an Economy Grows and Why it Crashes is his way of explaining his rationale.
ksubr267 10 months ago
It is a great little book.
crystalcalia 11 months ago
read it its awesome reading it again... read it to your kids
crock2020 1 year ago
theirs also an audio book narrated by Peter Schiff & Andrew J Schiff..look for it!...it's great reading ;)
RDvizionz 1 year ago
Fantastic book, recommended it to countless people and now I'm recommending it to all fo you :) Go get it.
NietzscheanMan 1 year ago
buyy it. people have to read this book
mithras1001 1 year ago
Read it over the holiday, good book
GMHGTO 1 year ago
Thank you! A book that actually explains how an economy grows and why it crashes!
GarretSlarrity 1 year ago
I learned more from this book about how the economy works than from ANY of my economics classes on my way to an MBA. Believe it.
MrBiggMan 1 year ago 33
@MrBiggMan Preach it brother!
Kartozeichner 4 months ago
i've been wanting to read this book for so long, just ordered it on amazone and i can't wait till i get it in the mail.
GusBariga 1 year ago
The government controllers knew this way long ago. 22 years ago economic professors taught that year 2010, without immigration, was the predicted breakdown date based upon the population number; That the birth rate would be the highest ever in history and prices would rocket high and job creation would not be fast enough. They did the opposite to prepare for this 10 years prior and we've been spending like a credit card madman. THEY are misleading Obama as "experts" making him a dumb puppet
MalibuCornelius 1 year ago
the federal reserve is so hilarious
nobody really cares about it
i never hear anyone talking about it anyway
TheBlitz1 1 year ago
@TheBlitz1 you must hang out with an ignorant crowd. I suppose you believe its owned by the government to. Only an ignorant fool would deem the money supply of a country hillarious.
2skullscrushing 1 year ago
@2skullscrushing heh i guess so =D
TheBlitz1 1 year ago
@TheBlitz1
Since the creation of the Fed, the US Dollar has lost 97% of it's purchasing power. Cut a penny or quarter in half, and you can see that the core of the coin is composed of a cheaper metal. The silver of a quarter is just a thin veneer. 1/20th of a dollar could by a sandwich back then, and now it takes as much as $5 or more. That purchasing power didn't just vanish - it was effectively a tax that went to pay for our welfare/warfare state. It's past time to start caring about the Fed
Jaycephus01 1 year ago
@Jaycephus01 the fed just allows the government to spend money it doesnt have
but the fed can't create (and steal) money forever, because the more the government spends on useless things like warfare and liabilities the less capital the economy has until it has none left
TheBlitz1 1 year ago
i jus wanna say.. peter u shld hav got a better narrator for the ad... brilliant book btw.. i jus finished readin it... ur an excellent teacher.. and i cant understand why politicians and govt dont come to u for advice!!
mishalkmh 1 year ago
Morgan Stanley Says Government Defaults Inevitable
By Matthew Brown - Aug 25, 2010 7:08 AM PT
truthsabre7 1 year ago
Got the book yesterday, finished reading today. Sooooo goood!
LibertarianChristian 1 year ago
Bought this book on amazon, but it'll be like 5 weeks before it arrives here in Australia! :D
can't wait!!
also bought...
end the fed
lies, myths and downright stupidity
economics in one lesson
the politically incorrect guide to capitalism
LibertarianChristian 1 year ago
no any book can help you,give up paying your money that lies...
Dasdaus 1 year ago
Economies grew and crashed during the Gold Standard era. From 187 to 1910 every 4 to 7 years the USA economy would experience a boom/bust cycle over and over and over.
.
This is why fiat currencies were invented because monetary theory can modulate the effects.
.
Also, what 'Real Money' and 'Commodity Currency' and Gold Bugs like Schiff NEVER mention is why countries went off the Gold standard in the first place.
.
It was because other countries could manipulate the asset that backed money.
Knepperify1 1 year ago
@Knepperify1 That does not mean that the principles do not apply.
Cleopas82 1 year ago
@Knepperify1 real money is not paper money with a gold standard nor is the fiat kind.
kardentyrell 1 year ago
@Knepperify1 "This is why fiat currencies were invented because monetary theory can modulate the effects."
Fiat currencies, at least in the United States, was invented because the US was bankrupt. FDR confiscated all US citizen's gold (really, he didn't get it all back) and used the gold ti pay off foreign investors after revaluing the dollar.
The banks, illegally, issued more money than they had gold backing it up. It was fraud.
That's how we ended up with a fiat currency.
fuzzywzhe 1 year ago
@fuzzywzhe
-
Fiat currencies have existed for thousands of years, and for good reason.
1) You get to control the asset side (gold or bonds) of the equation.
2) You avoid the every year boom-depression cycle that is inherent to all gold backed currencies.
Go read up on your 19th C. USA economic history. Every few years, a nasty depression, and having gold did not prevent the problems you seek to solve. If your enemies can speculate on the gold that backs your money, you are screwed.
Knepperify1 11 months ago
@Knepperify1 "Go read up on your 19th C. USA economic history. Every few years, a nasty depression,"
In the 1900s, and economic contraction was called a depression.
Today, we just renamed them to recessions.
If you are happy having all your savings inflated away, and being forced to constantly actively manage your savings, while people who know the fed can front run the market - well, good for you - you're an idiot. Lots of stupid people in the world today.
fuzzywzhe 11 months ago
narrator needs to speak up, and speak with some inflection
Zaxxon2008 1 year ago
Is this one of your campaign ads? :)
ddstar 1 year ago
Good book trailer. It reminds me of
The Kingdom of Moltz - Irwin Schiff
constitution org/tax/us-ic/schiff/moltz.pdf
reaglevideo 1 year ago
Interesting. BTW thank for the tip on "Human Action"
davenetdog 1 year ago
Did anyone else pick up on the fact that Able, Baker and Charlie are all tests from Operation Crossroads. A nuclear weapons test program at Bikini Atoll in the pacific proving grounds back in the 1940s
TriOptimumCorp 1 year ago
i'm reading the book now it's a great book if you want to understand the basics of Austrian Economics
quest2k 1 year ago
The narration is fine..
CanadaBoy123 1 year ago
Cool!!!
BATCH420 1 year ago
I like the idea of the video, could use a little more work, such as improving narration.
MaurDL 1 year ago
VIDEO SPAM!!! It's bad regardless of who does it!
MsWanderer1 1 year ago
Shitty narrator. Great visuals.
YesWeCantaloupe 1 year ago 2
Hey this isn't a video it's a freakin' commercial.
TheTenToMention 1 year ago
The annotator is extremely annoying!!! Talk louder and like you're alive and not 6 feet under with no testicles.
msbear119 1 year ago
Thumbs Up !
BenzJaguar 1 year ago
This has been flagged as spam show
hey guys private message me if u wanna know an easy way to make money online everyday!
phatjack11 1 year ago
Why on earth is is implied that Mises "makes no sense"?
Peter himself would disagree!
antoniocostaamaral 1 year ago 11
@antoniocostaamaral I quite agree!
rumco 1 year ago
@antoniocostaamaral Ever read "Human Action" ? It makes perfect sense, but only for a person already acquainted with economics and rather highly intelligent - these are rare assets in today's mass-educated adults.
Arjozof 1 year ago
@Arjozof
Man, economy, and State and power and market is also a great read. I reckon that one must first get acquainted with Austrian economics and marginalism before even trying to read Mises' Human action. I tried and gave up quickly. 2 years later, after studying for a while, I am now able to see what I couldn't see before.
AFRIKTODAY 1 year ago
As Lao-tzu says, "Governing a large country is like cooking a small fish; too much poking spoils the meat."
Yep. Chew on that one for a bit.
littlebier8 1 year ago
looks like the Dr. Seuss of economics...so easy a cave-man could read it...and understand it.
sniffsnarff 1 year ago
how is this different than your dad's book?
oiuoiu988 1 year ago
Peter now give a copy of the book to every one in congress,,, and I bet only a few will read it LOL
hurcule911 1 year ago
@hurcule911 Even with the colorful pictures and fun stuff, they wouldn't understand it!
SuperGuitarman69 1 year ago
I think this is a good book and really easy for anyone to understand the economy. The politicans might still be al ittle confused though
fasteddie847 1 year ago
I will buy his book when I see gold reach $5,000 per oz and a 1:1 ratio with gold and the dow. Schiff said "in the next couple of years" we would see that. I am not seeing it, a 20-25% change in gold value over 9 months do not $5,000 "in the next couple of years" And the Dow has increased have 10% over that time, meaning you would have to see a fall of the by over 50% in less then "the next couple of years" and continued see gold go up at the same rate, for 4 years straight.
Loathomar 1 year ago
great book! i read it probably two weeks ago i highly recommend it
asianmetalhead07 1 year ago
Purchased it. Read it. Loved it.
Any questions?
dmgoddard 1 year ago
unfortunately no matter how many times peter and the like warn the masses most people will just ignore it until its too late.
pulsescan72 1 year ago
@pulsescan72 Sure do wish there were not so many who believed this. I think there is a way to do something before it is too late.Why believe this ostrich like perspective. What can intelligent proactive people do to find a solution would be what I would like to hear as a response and see in action. United to show that people are not so stupid as is feared.
MAgretDHC 1 year ago
IS this book any different than the original that his dad wrote? I was hoping for some insight before I buy it.
petiemac24 1 year ago
@petiemac24
It is different, ckeck on google books for a preview.
mrHasaf 1 year ago
just finished the book, and its great!!! Everyone needs to read this!
stenzelwashingtin 1 year ago
This is a gem! God bless you Irwin, Peter and Andrew! Thank you for such a great little book!
limey36 1 year ago
It seems like an exact copy of Irwin Schiff's book. Search for "schiff how an economy pdf" on google and take the first link!
OudeStempel 1 year ago
Anything you can get out there to educate the public on basic economics is good.
Truthpolice9698 1 year ago 2
So much for a new blog, instead an ad for his book...
pismo10 1 year ago
Love the book
slashd 1 year ago
Very cute ad. Love the fishtoons.
LisaJ4Liberty 1 year ago
the video, the book, and schiff are all great, but this ad needs a new narrator. His voice is not powerful enough. it's like im struggling to understand what the narrator is saying. maybe his voice is too low or something. put some compression on his voice, boost the volume, and recut the commercial. otherwise, good job. I'm ordering the book right now. Already have the original "king of maltz" and love it.
buzzadler 1 year ago 2
@buzzadler
I like the narrator.
Voy2378 1 year ago
I agree with mporenta123, the voice over in this clip is quite dull.
TruthInAnswers 1 year ago 2
Go Peter. Nice staff.
Intervene 1 year ago
Didn't his dad write a similar book?
Prometheusforliberty 1 year ago
@Prometheusforliberty
Yes its called "How an economy grows, and why it doesn't"
He has made it freely available.
I'm looking forward to reading Peters updated version.
kjakobsen 1 year ago
ordering the book right now!
samin62 1 year ago
Got it last week in France. A quick and easy -- and very informative -- read. Thanks, Peter; good trailer.
hephernorth 1 year ago
buying it
OshidaYaguchi 1 year ago
I got this today and read the whole thing in 7 hours. Very educational and entertaining at the same time.
michaelencarnacion 1 year ago
Austrian economics for congressional dummies!
Sentinel4truth 1 year ago 3
Peter you need a new narrator for this trailer. He sounds bored. Take a page from Glenn Beck and watch his videos. More sizzle, less steak. The graphics are great, the music isn't bad. Narrator? Boo!
mporenta123 1 year ago
This book is 659 times better than any econ text book I have ever read. Wish schools would read this.
liberaustrian 1 year ago 36
Uh oh! Big picture intuitive thinking! Concepts, principals, and abstract analogies that apply universally despite the insignificant details! Better run sensor traditionalist! Better run to Katie Curic so she can talk baby talk to you and soothe you back to sleep!
- Keep punching Peter, you got em on the ropes.
OhVeryNice1 1 year ago 13
I want to buy it now!
kevincolmergmail 1 year ago
i loved it! loved it! that was money well invested Peter Schiff dam you're good.
NewEraRevolution 1 year ago 2
Been a while, I miss his commentary
codewarrior05 1 year ago 2
available wherever books are sold lol
dengzhi 1 year ago
Great read! I'm giving this book to my family. Hopefully it will turn on some "bright lights!"
WhereDidItAllGo7 1 year ago
nice job peter, wish you well with the book.
lindabebe835 1 year ago 2
when in doubt dumb it down
chriswroads 1 year ago
@chriswroads it is for the laymen.
lindabebe835 1 year ago
I just finished this book and I consider this a classic. Makes economics easy to understand. The illustrations are pretty funny. I couldn't put it down!
AngryPenguin27 1 year ago
Peter,
You should make an animated movie of this like the "Money as debt" videos. I think it would do REALLY well on youtube.
VOTE THIS UP IF YOU'D LIKE TO SEE PETER MAKE A VIDEO
john5246 1 year ago 60
@john5246 this may sound lazy, but I would rather pay to watch a video of peter schiff doing an animated video rather than a book.
drewry 1 year ago
@john5246
and please include german subtitles so i can show this around in germany :)
maddies1 1 year ago
i loved the book
RevIKON 1 year ago
Book ordered.
Metric0 1 year ago
You should make your book available on the iBook store for iPads, I live abroad and it is quite difficult for me to get access to this kind of books from other sources.
zhongguohua88 1 year ago
@zhongguohua88 Don't know where you live, but have you tried Kindle for iPad? I just read my first Kindle book on my Mac and iPhone. Works nicely. I am in Japan and this is very convenient for me.
zekochyoudesuyo 1 year ago
@zekochyoudesuyo Thanks, will give it a try!
zhongguohua88 1 year ago
I really love how you are fallowing your father.
theterible3 1 year ago 2
you should really make a video from the book using the same type of animations as shown in this video. It would be very effective.
vociti 1 year ago 3
Gotta get this book and get my family members to read it.
yadranko 1 year ago
Great book!
AmericaSurvival101 dot com
DeathOfTheDollar2010 1 year ago
lmao Dude holds two fish in front of two fishless men..and it says RISK ahahahaha
herzogsbuick 1 year ago
Looks great and I cant wait to read it. I really enjoyed Irwins book, but always thought it was a little lacking and outdated.
chaseef 1 year ago
Kudos to Schiff for making a SORELY NEEDED layman's book on the basics of economics!!! Hope he makes millions on this one!!!
furyofbongos 1 year ago
Peter Schiff is singlehandedly bringing about the greater depression
brandnamesocks 1 year ago
@brandnamesocks ,,,actually that's what the FED and the government are doing. Peter is trying to protect you. Wake up cattle boy!
petiemac24 1 year ago
This was an excellent quick read that really gets to the heart of basic economic principles that our politicians fail to comprehend or just plain don't care to acknowledge. This should be mandatory reading in all high schools.
MoneyBags73 1 year ago 2
Erwin's book was GREAT!!!
but you should put this out on vid. and make it free for the good of the country!
wcarlpdrysdale 1 year ago
buying this next sat, looking forward to a good read
Exus11 1 year ago
looks very similar to his dads book, i got mine of amazon.. should be on its way!
DaveC86 1 year ago
@DaveC86 The art's not as good. . .
MRSketch09 1 year ago
I saw Mises and Keynes in the beginning, don't say they both don't make sense. Keynes doesn't make sense, but Mises does make sense.
karkelkhan 1 year ago
That story shoud be animated
simontimon2 1 year ago
slick animation! real nice.
I would start animating everything Peter has said: his analogies, his claims, his evidence. People eat this stuff up!!
jvittetoe 1 year ago
is this a kids book?
qualm43 1 year ago
@qualm43 I think this is explaining economics, politician proof ...even THEY can understand it ;P
kardentyrell 1 year ago
@qualm43
No but it's super fun to read and very informative
Marine475 1 year ago
@qualm43 No its just for adults who need people to draw them a diagram half the time (the average FOX and CNN viewer).
mookixox 1 year ago 2
@qualm43 it's for kids and for adults that act like children with money, savings, debt
ytgv3fc7 1 year ago
Already read the exact same book that was written 25 years ago by a guy named Irwin schiff(Peters Dad) Back then it was called "how an economy grows and why it doesnt" Anyway, the book is available for free on the internet. This Irwin schiff is in jail now for tax evasion last i heard. When I lived in Vegas, this guy had a store that had a big sign saying "why pay taxes when no law says you have to?"
peilthetraveler 1 year ago
already read it - great book for everyone!
imgdumpprep 1 year ago
Preordered, hope i'll get it soon.
Nikotsy 1 year ago
Oh this was lovely =]
kardentyrell 1 year ago
i think i will buy it
Krampfarsch 1 year ago
Schiff 4 senate!
TheChannelOfLiberty 1 year ago
I think a read a comic by your father that was very similar to that.
eurohim 1 year ago
Nice video, didn't like the narrator's voice though, hire a professional to do it
danfg 1 year ago
I think the only reason and economy crashes is because we as americans let our government do it. We let them put our country in this position and then we sit on our hands. It's simple quit letting idiots run our country. What did we think was gonna happen when tax breaks were given to companies for going overseas. Its like our government gave them incentive to screw the American people over. Everyone who holds a seat in D.C. has betrayed the american people by allowing nonsense to take place
MeechaMix 1 year ago
@MeechaMix Not to sound arrogant, but the problem in this country is that anyone can vote no matter how dumb, shiftless or unaccountable they might be. As you note, "we" elected them. I didn't and you probably didn't; but, there a huge number of people in this country who vote out of selfish, stupid or racist motives and they have killed us (note I did not say, "are killing").
teller121 1 year ago
@teller121
Yeah, but who is going to decide who is smart enough. Certainly not the government...
jcvjcvjcvjcv 1 year ago
I would like to ask the one question to anyone watching this video and making negative comments. Why would the government run public schools want to keep the students ignorant about economics? Just why in the world would the politicians want such a thing in our country that seems to have lost a realistic perspective on consumerism and the problem of human greed and what it means to have "In God We Trust." on the medium for monetary exchange.
MAgretDHC 1 year ago
@MAgretDHC ignorant people do not refuse slavery so easily. #1 they don't know how to fight it #2 typically they will insist it is not happening
ytgv3fc7 1 year ago
@ytgv3fc7 Good answer.
MAgretDHC 1 year ago
@ytgv3fc7 Good answer. Now I would ask, what CAN be done before it is too late? We are not ALL ignorant. What kind of plan can be implemented to convince the ignorant? It is our future here we are talking. (The original previous question, asked a day ago, was really more tongue-in-cheek than a real question. I guess you got that).
MAgretDHC 1 year ago
@MAgretDHC before it is too late all of us will have to do our best at these skills: learn how to grow a garden, learn how to program & hack computers, be able to carry all the water you need to drink for at least 2 days, learn how to MAKE and store some medicines for travel, learn how to MAKE and use bladed and bullet-firing weapons. And don't ever trust that money with greed brings honesty or efficiency. The damage done so far is so great that for a brief time some deadly prep is needed
ytgv3fc7 1 year ago
@MAgretDHC after a generation of proper awareness and education, such criminals as have risen to power would be confronted too soon to take so much power as they go from their teens into some managed control points in society, easier to take down and these take downs MUST be prison or banishment or something worse for the kinds of destruction NOW put upon us. To convince the ignorant just show them videos of the police brutality, the excuses given by police & judges for it, the theft of
ytgv3fc7 1 year ago
@MAgretDHC theft of all real value using inflation without ever legislating a real tax for which a service is expected, the control of a central bank being so bad that none should be tolerated in lawful society, and of course, to show why completely non-socialistic, capitalistic medical insurance is a death sentence for most, and certainly for an economy. It's about time for "do or die" for America now.
ytgv3fc7 1 year ago
@bearhuntaa anything with kissinger in it, doesn't really need 666 added to it.
And yeah, by saying 'uneducated opinion' he is stating the obvious to a ridiculous extent.
BultyR86 1 year ago
Got it the day it came out at Barnes and Noble.
Steve83B 1 year ago
@Steve83B Same here!
SuperFinGuy 1 year ago
Comment removed
MyStoneColdHeart 1 year ago
cant wait to read it Peter! thanks
smavez 1 year ago
not related to video...i think peter is going to end up being wrong..regarding dollar and foreign currencies...as the US $ will be the last one standing......though he was/is right on Gold...if thats all u did was listen to him on gold (or silver) yrs ago...you'd be up 400%...but investin with him is a mistake...just my rather uneducated opinion
kissinger666 1 year ago
@kissinger666 You/'re opinion is truly uneducated, and thus worthless. By the way, investing with Schiff earned me an 86% return last year. I can live with that.
MyStoneColdHeart 1 year ago
@MyStoneColdHeart You made 86% with Schiff, I can't believe that, How???? I understand gold silver stocks and such, but perhaps you will lose it this year when the Dollar is at 95. But to earn 86%, you must have got in at the perfect time.
chromedreamz 1 year ago
@chromedreamz
Dollar at 95?
Seriously?
MOPEDBRAD 1 year ago
@MOPEDBRAD the dollar is gaining like 1/2 % a day...last time it touched 89, goin from 72 to 89, nobody saw it coming....askin for 95 isnt far fetched....the Dollar may be trash, but its against other weak fiat curencies..in the end it may be toast, but maybe the last to fall. 95 is not only possible, but likely the way the dollar train is going
chromedreamz 1 year ago
@chromedreamz
Yeah, I see what you're saying.
The euro is not a good alternative to the dollar.
With that in mind it's easy to understand that the psychology of hope will drive all the lemmings off the dollar cliff.
MOPEDBRAD 1 year ago
@chromedreamz no, the us dollar index is a fiat calculation vs other currencies and the CDN currency, Australian, are not dropping like the Euro or American dollars.
The truth is that where you think the us dollar will be 95, the reality is that $1 that day will buy what 20 cents buys today and gold will be 50,000 oz.
Yes, that much.
It's not possible for the US dollar to be manipulated up that far. It's all fraud.