Peter Schiff On The Economic Meltdown Part 8

[HannuMarijarvi]

So now it's 2011. Where are Schiff's predictions? I don't see hyperinflation, price controls or massive falling of the dollar.

Schiff had many good points over the "lecture" but let's face it, Schiff is an intuition salesman. He sells what sounds plausible but what doesn't hold up to sound economic theory. Hence his less than sound predictions.

[goodtohere]

don't worry will coming soon !!

[HannuMarijarvi]

@goodtohere Nonsense. He's making extremely radical predictions and there's no evidence for any of them. He was saying they should be visible in a couple of years, well it's been a couple of years and strangely enough no sign of them. Schiff is just a classic case of a person guessing something right and then saying it vindicates everything he believes in.

[maratthepianobar]

@HannuMarijarvi the fed is buying up the bonds and the value of the dollar is falling. I'd say he was right.

[HannuMarijarvi]

@maratthepianobar Value of the dollar relative to what? Or do you mean buying power?

[Setzer]

The best speakers know that how you begin your argument and how you finish it is the most important part.

"That's it." pretty much sums up the whole lecture. lol

[zxcvbnmjhgfdsa1]

You should all relax Obama is the young smart US version of Micheal Gorbachev he want more of the same faster realize it not working than make the changes needed. We will all be fine so long as poverty doesn't cause you to drink!

[mail2raol]

Somehow people who make sense are never in government. This is because to get into government you need to steal from the hardworking and give to the ones who just WANT.

Not just in US, but the world over. Back in India we have some of the most misguided politicians in the world. They even lack the good intent that is displayed by Obama and his team here. On top of reckless deficit spending in India we have postive affirmation programs that take up 50% of all jobs in government and collegeedu

[bjarnet3]

My ideology is PeterSchiffinisom!

[chuckfaststrat]

pardon me while I take some antacid...

[SaneStreamMedia]

He will be made out to be a lunatic; just like anyone else in the the media who actually makes sense.

[shockinggenius]

i predict peter schiff will become a new media icon, and will be bigger than anyone in history

[Lyndehouse]

I hope you are right but I know better. Mainstream media would suppress evidence of Jesus Christ if He returned!

[TheFreethinker71]

No mainstream media would cover His return, but claim it's a conspiracy of faulty intelligence and lies propogated by Fox News and the Bush administration to lead us into thinking that Christ actually exists.

[Pdrum2]

@Lyndehouse It wouldn't matter we'd all know eventually