Former pres of the fed, bla, bla, bla, and now cato member… mmmmz, where if I seen this before, wait.. It was Greenspan how turned in is blue coat for a red one.
Hahaha Peter Schiff is so uninformed. Just a bunch of populist rubbish delivered with charisma and relatable analogies.
Don't judge a book by its cover folks. Schiff's ideas are either hyperbole or downright false.
Hyperinflation? Deflation is more of a risk during an economic ressession. Maybe Schiff should go look up in a history book what inflation was during the New Deal.
Weakening dollar? If anything, the dollar is looking up as it regains strength over the divided Euro.
@IIMorphling89 We had a gold standard during the new deal, which is why we had deflation. In terms of gold, we will have deflation, but in terms of dollars, there will be massive inflation.
The Oligarchs (bankers) are inflating dollars on purpose to bring about the new World Order. Those Chinese held dollars need to become worthless. The Oligarchs will destroy us to the point that they can step in and Save Us From Them. Accept the World Order, We
William Poole is full of it here. If we lack the courage and will to change course now, wait until the next huge collapse, which will be even bigger. All we are doing is creating a BIGGER BUBBLE that is destined to fail.
This comment has received too many negative votesshow
This Bill Pole is very calm. I trust his words. Peter Schiff is not considering how responsible the FED is. Bill says the hyperinflation wont happen, and he is absolutely right, you just have to listen to his arguments. Peter Schiff just wants people to get scary. Remember the 2000 computer collapse???
Responsible? LOL Hyperinflation might not happen, or it might take a couple more years of what we are doing now to cause it, but we will have really high inflation, no doubt on that.
BTW, what about when Bill calmly agreed with Peter's points that our central bank got us into this mess, our central bankers AREN'T smarter than other central bankers who have created hyperinflation in the past, HAVE made the same poor decisions, AND at base, our paper money is no different than Zimbabwe's paper money?
i love schiff's analogies. cronies with chemistry sets. lol. that little bit of the zimbabwe 100 billion dollar buying a pack of chewing gum was good too. haha.
Think PROSECUTION for corporate malfeasance. That will fix it, because it doesn't matter if you make 500 million dollars if you're going to spend the rest of your life in jail for running a company into the ground and destroying all shareholder value.
The Fed has already blown us up with their chemistry set. Just because we haven't felt the shockwave doesn't mean there wasn't an explosion. It took two years of bad policy from 1929 to 1931 before the real effects were felt on main street. There is a false sense of security in America right now, you see it everywhere. No one has a clue about what will happen to their lives in the coming years.
@frank1es83 no I wrote that comment. And you can go look at the eurodollar or TIPs market to see just how things have turned out...
IIMorphling89 3 weeks ago
Former pres of the fed, bla, bla, bla, and now cato member… mmmmz, where if I seen this before, wait.. It was Greenspan how turned in is blue coat for a red one.
szol2005 1 year ago
Hahaha Peter Schiff is so uninformed. Just a bunch of populist rubbish delivered with charisma and relatable analogies.
Don't judge a book by its cover folks. Schiff's ideas are either hyperbole or downright false.
Hyperinflation? Deflation is more of a risk during an economic ressession. Maybe Schiff should go look up in a history book what inflation was during the New Deal.
Weakening dollar? If anything, the dollar is looking up as it regains strength over the divided Euro.
IIMorphling89 2 years ago
@IIMorphling89 We had a gold standard during the new deal, which is why we had deflation. In terms of gold, we will have deflation, but in terms of dollars, there will be massive inflation.
surprise1982 2 years ago
@IIMorphling89 I think its funny you copy and pasted this comment on Peters videos...
frank1es83 3 weeks ago
The Oligarchs (bankers) are inflating dollars on purpose to bring about the new World Order. Those Chinese held dollars need to become worthless. The Oligarchs will destroy us to the point that they can step in and Save Us From Them. Accept the World Order, We
will be their bitches!
vly22 2 years ago
- TAxes will be going thru the roof ...
aviomaster 2 years ago
William Poole is full of it here. If we lack the courage and will to change course now, wait until the next huge collapse, which will be even bigger. All we are doing is creating a BIGGER BUBBLE that is destined to fail.
libertyeconomics 2 years ago
schiff wont be right for years
ricochetVendetta 3 years ago
This comment has received too many negative votes show
This Bill Pole is very calm. I trust his words. Peter Schiff is not considering how responsible the FED is. Bill says the hyperinflation wont happen, and he is absolutely right, you just have to listen to his arguments. Peter Schiff just wants people to get scary. Remember the 2000 computer collapse???
madridisinSpain 3 years ago
Responsible? LOL Hyperinflation might not happen, or it might take a couple more years of what we are doing now to cause it, but we will have really high inflation, no doubt on that.
Jaycephus01 2 years ago
BTW, what about when Bill calmly agreed with Peter's points that our central bank got us into this mess, our central bankers AREN'T smarter than other central bankers who have created hyperinflation in the past, HAVE made the same poor decisions, AND at base, our paper money is no different than Zimbabwe's paper money?
4:20
Jaycephus01 2 years ago
"The reason why we have a flood is because Alan Greenspan blew up the dam."
HAHAHAHA
pepsimannampepsi 3 years ago
greenspan economic terrorist
ricochetVendetta 3 years ago
what % did u buy gold and/or foreign currencies?
whater39 3 years ago
To the "federal government"? the fed is a violation of the constitution.
CreatorChannel 3 years ago
i love schiff's analogies. cronies with chemistry sets. lol. that little bit of the zimbabwe 100 billion dollar buying a pack of chewing gum was good too. haha.
shroomingnewman 3 years ago 3
Does anybody perceive the stage being set for..........the anti-Christ?
silentonall 3 years ago 2
I dont know, but the bible says that the anti-christ will own all the gold. So..
everybody is running to gold.
pepsimannampepsi 3 years ago
religion is fake, youtube the falsehood of creationism.
pedroquintero 2 years ago
Tis not about a religion nor a worldly corporation.......
Only that which 'must' come forth.
silentonall 2 years ago
peter schiff rules
RJN4444 3 years ago
Forget salary caps. You really don't need that.
Think PROSECUTION for corporate malfeasance. That will fix it, because it doesn't matter if you make 500 million dollars if you're going to spend the rest of your life in jail for running a company into the ground and destroying all shareholder value.
fuzzywzhe 3 years ago
The Fed has already blown us up with their chemistry set. Just because we haven't felt the shockwave doesn't mean there wasn't an explosion. It took two years of bad policy from 1929 to 1931 before the real effects were felt on main street. There is a false sense of security in America right now, you see it everywhere. No one has a clue about what will happen to their lives in the coming years.
jjrglobal 3 years ago 2
Brilliant. That guy's answer was a classic, "we're far more of a responsible country than Zimbabwe." Ha Ha!! I exclaim from my bunker.
hrosemd 3 years ago
that guy is a lying scumbag
creekesl 3 years ago
amazing amazing
siranar 3 years ago
"Little kids with a chemistry set"
Indeed.
suchfunstuff 3 years ago
Peter the Great......based on truth.
silentonall 3 years ago 10