Peter Schiff for treas. secratery. Unfuckenbelievable that any of the other fucktards on this show are taken seriously by anybody. Most people with a grasp on reality have more insight on how 2+2=4 than these ten cent "Econimists" Comercial banks and Wall street built a Ponzi scam for the last 30 yrs. and sold it as Snake Oil to the public. The fact that these morons are still in power blows my mind. God help the Republic.
If this proves anything is that these morons that were laughing at Peter should never be allowed to give financial advice ever again or be invited on to TV for their views.
All their big fancy Ivy league Ph.Ds in Economics apparently didn't give them enough foresight to see the castrophic meltdown coming.
I love how that dumbass Ben Stein says the sub-prime mortgage melt down wasn't all that serious at all.
It's funny cuz these assbags on cnbc still have their jobs. When you dig into what's happening across the globe and see which countries have the worst gdp to debt ratios you'll notice that it's all the western countries. The west is being financially destroyed on purpose. It's so damn obvious.
In the late 90s my dad said home prices were out of control and the monitary policy (no savings/trade deficet/service economy) of the U.S. was nuts. I agreed and knew better than to go out and buy a bunch of money at a bank. Last 15 years havent hurt me. The nitwits at the Fed and the US congress should be hung by piano wire by their balls.
The worst part has to be when they're recommending buying Goldman, Merrill, and especially Bear Sterns. I guess the biggest shock today is if there's any of Ben Stein's money left.
@SamDeRe81 Nope, just keep an eye and ear open. Just as the ENRON crash. About 4 months prior, a report that the ENRON board approved a joint venture with a company that an executive started with a loan from ENRON. ENRON would get stock in that company as it bought ENRON debt. Once I heard that I dumped ENRON and told everyone I knew, to do the same. The next bubbles to pop are the US Federal and State Bond markets.
I think LEFFER Investiments are pretty FUCKED UP... LOL
ah americans... always arrogant. Zero capacity to PONDERATE and listen to other's ideas. Everybody was laughing at Schiff cause they just WANT to believe in "american economic dream version 2" Consume,consume and consume... stupid douchebags, they even TRIED to listen the man and think about...
@ThyMiguez What I think is funny, is while they were laughing, their paper wealth disappeared. I bet if our SEC looked into them, they were paid to do a bit of pumping. I have been following Peter's advice for quite a while and have almost eliminated all my debt aside from my mortgage. At the same time I have been acquiring some precious metals. I did however day trade on AIG after it crashed, turned $1000 into $60,000 in a couple weeks then I bailed.
good job peter, unfortunately you are arguing with actors with no education nor experience but empty suit making their money to say bs. may god help us to get these idiot out and send them to Mars.
Ben Stern is the one Jew who doesn't have a clue! On Fox Noise he said "there is no way the market will have even a remote collpase in the next 5 years!" What is your next prediction Ben so I can see which direction to run away from?
i want to find the video of the those asshole's reaction when now the recession actually happened . Oh yeah, and a video of peter saying, 'IN YOUR FACE!~!!"
I love it when they're trotting out Goldman Sachs as the BIG TIP TIP FOR A HOT BUY! heheheheheheheheheheh... and we'd also love to recommend the hottest new car of 1958 THE FORD EDSEL...
yeah yeah, just ridicule those who know what they are talking about, so sheep in front of their tvs can point their fingers on him and join the ridiculing. Look at those fuckin brainless morons 4:02 laughing at him. I would like to see their faces now and then smash their stupid heads against concrete wall. Where are they now? Why don't they show up now, when all which Peter predicted has actually happened.
All these idiots and stupids hosts and guests on FOX NEWS, CNBC should take economic classes from Peter Schiff and read some of his materials ... really if you listen to these idiots and stupids hosts and guests (besides Jim Roger, Marc Faber, Peter Schiff, few more...) you'll go dead and flat broke.
Anyone with a brain will study these videos and write off everyone that was wrong and never listen to them again! That is what a wise person would do anyways.
I knew something was wrong when guys I knew that dropped out of college while majoring in Sociology suddenly became Mercedes driving "Real Estate Professionals".
LOL!!; look at that, look how the prophets are punished! and humillated! Of course he is not a prophet , but with the disbelief he is treated! Almost as he is a joker.
Forgive me but lets admit it. America deserves the spanking it got and is still going to get. You think because the Dow is at 11,000 that there is a recovery? YOU HAVE BEEN WARNED! There is no recovery. Goldman Sachs owns this whole corrupt system and now they will be sued. All according to plan of course. Look for the next card to be played- a beefed up IMF. I can't even believe this myself but there is corruption everywhere. Good bye capitalism hello Banana Republic.
Start believing it. There is more. The government is bought by wall street. The banks and the politicians are basically committing the biggest robbery in world history. They'll be okay and we won't. Sweet dreams :)
Good thing I did not listen to Ben Stein and buy Merrill Lynch, or any other recomendation by the other guests/hosts, as I would have lost a lot. That prediction of the DOW being at 16000 in 2008 was spot on...not!
I'll admit i had to look up who jim jones was. Tragic story, that. If we keep listening to Krugman it'll be much more tragic! (Just like your analogy)
A consumer economy can only exist if the consumer has the necessary purchasing power which can only be gained by being a producer producing real wealth in manufacturing industry, processing industry, extractive industry, and basic strategic service industry like science and engineering schools, vocational technical schools, medical schools, basic scientific R&D work, infra-technostructure based-pension systems, public utilities, create a credit-based non-monetary national banking system
Now all people who have left with 100.000$ would find another bank to put their money , they would do a search for safety, and put their money WHERE ???
SWISS bank , but first they would convert their dollars , to GOLD or currency backed by GOLD.
Highly recommend contacting the Ludwig Von Mises Institute, the "Mother Lode" repository of Austrian School books/resources...quite an array of must-read materials. They offer a free catalog...or just go online...read to become a champion of sound economic thinking!
Art Laffer should be banned from TV, and should not be allowed to comment on anything economical. Thank God for the Austrian Economists. Now start listening to them before problems occur, not after.
Why do people bother arguing with Peter, anybody who argues with this guy is a freaking moron. Of course these guys have no idea what he's talking about, cause they don't know what the hell they're talking about. "Sub prime is tiny" hahahahaha, "you were simply wrong" hahahahaha, "Myril Lynch is a terrific company" By sides hurt from laughing so much. Where are these guys now, they should be taking notes on how Peter takes a leek at this point. How are these D-Bags on T.V. wow
listen how the stupid ditz blonde moans and groans at 9:10 when Peter predicts big losses in stocks... way to go Peter, exposing these phony sacks of crap for the economic illiterates that they are.
well somebody please tell me to stfu? i watched videos like this so many times and i just get madder every time i watch it. i don't care who is right at the end, but the way they disrespect different opinions is appalling!
right on. they want to turn this planet into a global dictatorship. those people are the same kind of people, same kind of propaganda like in soviet union, nazi germany. revolution 1776 style is strongly needed.
Once again the giggling idiots are wrong, but then again as always, these wrong giggling idiots decide about what to happen. You will see that the ' honest people that say it right and know it right, will never rule a country or decide things. It will always be the wrong giggling idiots. Because they do not have the knowledge, but they do have the majority and dirty/low tricks.. tricks that the honest person who acts on what he knows and on facts, would never come up with.
The clueless clowns that laughed at Peter aren't smart enough to know how foolish they look. I'll bet you a penny that they're stupid enough to STILL challenge his analysis!!
@keyomos It's worse than that. They'll look you straight in the eye and tell you that they knew everything Peter said before he said it, and that it was really their idea. These people are garbage, they make money because they have no decency at all, they'll sell you whatever makes them money.
where is that dipshit who kept laughing at peter, the guy with the big loud mouth? I'd love to see what he's saying now. Honestly, it's hard to look that foolish.
peter: one of us is off base and its definitely not me.
today market proved that peter was right. I respect his courage to come to national TV and say what he had to say but its a pity that the other people could not understand him and laughing.
The only way we are going to get back to becoming a wealthy super power is not by nationalized healthcare or energy independence. it is by production. Producing creates wealth. We have not had production for years because of our corporate taxes and union wages. We can't compete against CHina when they have no unions or high taxes. Until our politicians understand this we won;t ever become a super power.
i have been saying this too for years. I saw this illusionary wealth a long time ago. my husband and i went to look at home in the 500,000 range in middleclass sector and could not understand how people making 70,000 could afford thay price of a home. A woman told us about speculation. That is where it all started.
I agree. I'm just about the age where I should get familiar about buying a home. I got paid decently as an engineer, but I absolutely could not understand how my peers were able to get half million dollar homes. The number just don't add up and it's a bad move. I didn't have to understand how the financial jargon works. It just doesn't make sense. Now I'm having trouble looking for things that actually does make sense.
Man . How did these people get pssed in ecinomics class. Retarded immoraland Have lost peoples 401 K plans . They been investing in for over 30 years. Hanging is to good for these sick asses.
All those so-called experts on Fox News - should look at this interview to realise how deluded their perceptions and forecasts were (and if they don't change their mind-set) will be in the future. Seriously Schiff is speaking the truth.
Everybody, every show he went on they said that he was wrong. Boy, talk about in your face!!! I guess they should start listen to peter schiff from now on uh!!
For those who claim "Peter is lucky" or "...wrong plenty of times", (i.e. government Internet trolls) here's a reality check: Peter understands better than all the other balloon-heads the panels the fundamentals of economics. It's easy to claim he's wrong when something hasn't happened YET, just like these numskulls claimed he was wrong two years ago. Being wrong and not being able guess the exact timeline are two different matters altogether.
That one with girlish hair is the most stupid figure I have ever seen. He finds 10% price hike each year a normal appreciation in a normal regular market. Where did the Fox people find such a Joker? Its really astonishing.
just read your comment about Peter Schiff getting "lucky."
How is this luck? It's simple REAL ECONOMICS, that means NON-KEYNESIAN economics.
He isn't lucky, just well informed. His economic understanding comes from a much older school of economics that has been intentionally rejected by our gov't because it deals with real wealth.
America is having a going broke sale and goods will start leaving the country and will not be replaced along with our jobs....if our creditors are China, Russia, Japan, Saudi Arabia, Brazil etc etc etc then they will stop sending their capital and goods to america and we will see a massive reduction in available supply of all goods especially new goods....great scarcity=great demand...everyone will buy like crazy cause the cash will be losing value...which will only fuel hyper-inflation
Peter is awesome! If you want the latest Peter Schiff videos, articles and his podcast, check out Peter-Schiff . com. It's all on one page, plus a link to his new book.
Damn Peter owned all their asses. Who's laughing now biotches!? Peter should be on the front page of every news paper and tv station. The dude knows his stuff and I trust his word.
All money gains value as soon it's deemed "legal tender for all debts, public and private". The courts will not enforce the payments of debts, fines and taxes with anything else. Businesses are only going to accept whatever happens to be legal tender and retail consumers have no choice but to demand whatever businesses and governments demand.
You're right though, our entire system of government needs to be overhauled before anything good for the people can come out of it again.
A gold (or any commodity) standard is nothing but price fixing and can be abused in too many ways. Gold has ZERO value to me.
Debt-free fiat currency is the best monetary policy. It can be created and issued by the government as payment for everything it buys from the private sector and destroyed when it's collected back through taxes. An occasional federal sales tax (the fair tax) is all that would be needed to keep the money supply in balance with the economy.
but the money already has no value. where is it going to get its value from? hence, why the issue of gold was introduced and even suggested. value is determined by demand, not debt, as is the case with the current monetary system. so gold might not have any value to you, but it apparently does to other people.
Money get's it's value simply because it's legal. Gold has intrinsic value but it's not legally money- you can't use gold to buy gas or groceries. The actual value of your money is decided by you when you spend it.
the debt-free currency u speak of is a damn good idea. but that won't be allowed by the people that would implement such a system. there is no large scale profit in it for them. unless you americans do what the constitution said - over-throw the government who is not serving ur best interest.
gold has a real value ! it is a commodity used in numerous industries, you can ALWAYS sell it. fiat money, on the other hand is worth nothing, because ...what can you do with a dollar if you can't exchange it for something else? whipe your ass? roll it into a joint ? eat it ? smoke it?
There should be millions of views. That's how brainwashed the masses are.
smasila 2 months ago in playlist More videos from innefitterosa
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sasha7341 3 months ago
Thumbs up if Cptn Midnite brought you here!
pcalander 4 months ago
I hope all the idiots laughing at Schiff in these clips watch this video today and ask themselves what went wrong.
basselyrique 4 months ago
4:35.
"The credit crunch is way overblown".
Lol. Really? How many jobs did usa loose? How many houses?
Fantastic.
einherje71 5 months ago
Peter Schiff was r.i.g.h.t. Look at all those media dummies. What a bunch of dumbfckers.
JohnnyHorton 5 months ago
the funny part, CNBC still brings the Laffer clown on. What a joke...
LMIMSsoi 5 months ago
They mocked and laughed at Jesus as well. Please, don't confuse us with the facts.
305vaac 6 months ago
They mocked and laughed at Jesus as well.
305vaac 6 months ago
is it surprising that fox news anchors laugh at people who know way more than they do?
MrBigEnchilada 7 months ago
Ben Stien. More proof creationist are wrong.
Fibr3Optix 8 months ago
@Fibr3Optix yep. Stein is such a berk in this vid and on the religious front.
trident3b 5 months ago
Peter Schiff for treas. secratery. Unfuckenbelievable that any of the other fucktards on this show are taken seriously by anybody. Most people with a grasp on reality have more insight on how 2+2=4 than these ten cent "Econimists" Comercial banks and Wall street built a Ponzi scam for the last 30 yrs. and sold it as Snake Oil to the public. The fact that these morons are still in power blows my mind. God help the Republic.
kadennis66 8 months ago
If this proves anything is that these morons that were laughing at Peter should never be allowed to give financial advice ever again or be invited on to TV for their views.
All their big fancy Ivy league Ph.Ds in Economics apparently didn't give them enough foresight to see the castrophic meltdown coming.
I love how that dumbass Ben Stein says the sub-prime mortgage melt down wasn't all that serious at all.
RHX2 8 months ago
No, Laffer said that it's impossible to forecast 9 months ahead, like the baby's sex. He was on Bill Maher's show, look it up here on youtube.
Laffer was of course laughably laughable with this statement.
krab2006 8 months ago
so did Laffer ever give Peter Schiff the penny, that Schiff rightfully earned?
asleeperj 8 months ago
It's funny cuz these assbags on cnbc still have their jobs. When you dig into what's happening across the globe and see which countries have the worst gdp to debt ratios you'll notice that it's all the western countries. The west is being financially destroyed on purpose. It's so damn obvious.
wthf5 9 months ago
Peter chiff wiped Ben Stein smirk off his face,what a fukin deuch , u don't c that fuker giving any financial tips any longer, haha,
Trukerinfulleffect 10 months ago
This has been flagged as spam show
I guess this is why Mike Norman is making youtube videos in his boxer shorts at 3 AM these days huh...
emn1331 10 months ago
I guess this is why Mike Norman is making youtube videos in his boxer shorts at 3 AM these days huh...
emn1331 10 months ago
The only 2 in the world I heard tell the truth during those times was Peter Schiff and Mario Marciano CEO of StockMarketFunding
OptionsSchool 10 months ago
PETER SCHIFF FOR PRESIDENT!
YourCupofJava 10 months ago 4
corporate media wanted you to lose all your money. big shock.
defgill 11 months ago
10 freaking trillion dollars of inflation??????!!!!!!!!!
AroundSun 11 months ago
" 4:04 What artificial lending standard are you talking about?" WoW!!!
AroundSun 11 months ago
Merryl Lynch - tanked
Washington Mutual - Tanked
Bear Stearns - Tanked
Goldman Sachs - Crooks
vgcq02 1 year ago
In the late 90s my dad said home prices were out of control and the monitary policy (no savings/trade deficet/service economy) of the U.S. was nuts. I agreed and knew better than to go out and buy a bunch of money at a bank. Last 15 years havent hurt me. The nitwits at the Fed and the US congress should be hung by piano wire by their balls.
kadennis66 1 year ago
The worst part has to be when they're recommending buying Goldman, Merrill, and especially Bear Sterns. I guess the biggest shock today is if there's any of Ben Stein's money left.
thej762000 1 year ago
"I'll bet you a lot more than a penny." Holy lord what a badass.
ron2929 1 year ago
@SamDeRe81 Nope, just keep an eye and ear open. Just as the ENRON crash. About 4 months prior, a report that the ENRON board approved a joint venture with a company that an executive started with a loan from ENRON. ENRON would get stock in that company as it bought ENRON debt. Once I heard that I dumped ENRON and told everyone I knew, to do the same. The next bubbles to pop are the US Federal and State Bond markets.
Robbob9933 1 year ago
@Robbob9933 Good point. My question is: did the government get its accountants from ENRON, or did ENRON get its accountants from the government?
thej762000 1 year ago
@thej762000 They came from Ivy league schools for the most part from my understanding. Any attempt to convert a liabilty to an asset is fraud.
Robbob9933 1 year ago
Peter was right!
All these all-star losers!!!
RP12
JojozDad209 1 year ago
Ben Stein is an ass in soooo many ways!!
8technical 1 year ago
I think LEFFER Investiments are pretty FUCKED UP... LOL
ah americans... always arrogant. Zero capacity to PONDERATE and listen to other's ideas. Everybody was laughing at Schiff cause they just WANT to believe in "american economic dream version 2" Consume,consume and consume... stupid douchebags, they even TRIED to listen the man and think about...
ThyMiguez 1 year ago
@ThyMiguez What I think is funny, is while they were laughing, their paper wealth disappeared. I bet if our SEC looked into them, they were paid to do a bit of pumping. I have been following Peter's advice for quite a while and have almost eliminated all my debt aside from my mortgage. At the same time I have been acquiring some precious metals. I did however day trade on AIG after it crashed, turned $1000 into $60,000 in a couple weeks then I bailed.
Robbob9933 1 year ago
4:20 was a real hoot. What an ass-monkey. Great job Pete.
BalZac419 1 year ago
This guy will be a legend. HOW DARE THEY ARGUE WITH "THE SCHIFF"
sidkings 1 year ago
anyone that didnt see a meltdown coming after 06 is a fucking idiot to begin with.
brandeno15 1 year ago
good job peter, unfortunately you are arguing with actors with no education nor experience but empty suit making their money to say bs. may god help us to get these idiot out and send them to Mars.
rrboustani 1 year ago
I guess that's why he would only bet a penny. Dumbass.
kikrlbs 1 year ago
it might be a big year ..... big losses.....classic.
MrCheckitout123 1 year ago
wow now we know that laffer was full of it
imcrazy85 1 year ago
Ben Stern is the one Jew who doesn't have a clue! On Fox Noise he said "there is no way the market will have even a remote collpase in the next 5 years!" What is your next prediction Ben so I can see which direction to run away from?
sh4rkbyt3 1 year ago
Goldmann Saccs...OH BOY!! I'm Laughing right now
fulvioleocabrera 1 year ago
i want to find the video of the those asshole's reaction when now the recession actually happened . Oh yeah, and a video of peter saying, 'IN YOUR FACE!~!!"
joetheazl 1 year ago
This has been flagged as spam show
Damn clueless clowns. It's official that only Schiff should be the only one listened to for any advice.
donotfret 1 year ago
Damn clueless clowns. It's official that only Schiff should be listened to for any advice.
donotfret 1 year ago
Damn clueless clowns
donotfret 1 year ago
I love it when they're trotting out Goldman Sachs as the BIG TIP TIP FOR A HOT BUY! heheheheheheheheheheh... and we'd also love to recommend the hottest new car of 1958 THE FORD EDSEL...
SEANFIR 1 year ago
Peter Schiff is the man
JaYsXxInSaN3xX 1 year ago
So where's your signed letter that you were wrong, Art? (Time stamp 2:50)
gat867 1 year ago
I just lost respect for anyone I used think knew what they were talking about. I wonder if they still like all those financial stocks.
Melvinnn11 1 year ago
yeah yeah, just ridicule those who know what they are talking about, so sheep in front of their tvs can point their fingers on him and join the ridiculing. Look at those fuckin brainless morons 4:02 laughing at him. I would like to see their faces now and then smash their stupid heads against concrete wall. Where are they now? Why don't they show up now, when all which Peter predicted has actually happened.
Naugrimo 1 year ago
Schiff for Senate!
goldcurrent1 1 year ago
Mike Norman laughs are Peter at 4:14 he has a channel here on youtube called "mikeydoggy" go and give him hell fellow youtubers!
MrWhoooo 1 year ago
So Ben. What is Merril trading at now?
And Charles how is Bear?
Paetaor 1 year ago
Art Laffer advised Reagan?? what an idiot
vgcq02 1 year ago 13
@vgcq02 Vodoo Economics?
Jossher700 1 year ago
@vgcq02 And Obama's advisers are just as bad...
TWSceptic 1 month ago
ill bet u a penny...lol
sdsff1sadf 1 year ago
All these idiots and stupids hosts and guests on FOX NEWS, CNBC should take economic classes from Peter Schiff and read some of his materials ... really if you listen to these idiots and stupids hosts and guests (besides Jim Roger, Marc Faber, Peter Schiff, few more...) you'll go dead and flat broke.
heavenlord1 1 year ago
Anyone with a brain will study these videos and write off everyone that was wrong and never listen to them again! That is what a wise person would do anyways.
bleckmon 1 year ago
Why would people listen to Laffer after the infamous Laffer chart. There is nobody more clueless.
atki2828 1 year ago
I knew something was wrong when guys I knew that dropped out of college while majoring in Sociology suddenly became Mercedes driving "Real Estate Professionals".
bigart1993 1 year ago
LOL!!; look at that, look how the prophets are punished! and humillated! Of course he is not a prophet , but with the disbelief he is treated! Almost as he is a joker.
Deimosxsz 1 year ago
Forgive me but lets admit it. America deserves the spanking it got and is still going to get. You think because the Dow is at 11,000 that there is a recovery? YOU HAVE BEEN WARNED! There is no recovery. Goldman Sachs owns this whole corrupt system and now they will be sued. All according to plan of course. Look for the next card to be played- a beefed up IMF. I can't even believe this myself but there is corruption everywhere. Good bye capitalism hello Banana Republic.
jjwmonsta 1 year ago 2
people either had their heads up their ass or in the clouds. its amazing how right he has been.
aintafraidtodie777 1 year ago
lol look at better laffer's face. 2:30. he looks so pissed
blkpanta75 2 years ago
Glad I, took the time to check out Mises, Hayek, etc.. I now own real money, gold/silver stock, etc, and of course it's working for me as expected :D
Go schiff, spread the word!
szol2005 2 years ago 2
cant believe laffer was way off
emilioTOMASbarca 2 years ago
Start believing it. There is more. The government is bought by wall street. The banks and the politicians are basically committing the biggest robbery in world history. They'll be okay and we won't. Sweet dreams :)
jeremyraybrown 1 year ago
Bear Stearns, Merrill Lynch???? Losers.
Hutcho69 2 years ago 3
Good thing I did not listen to Ben Stein and buy Merrill Lynch, or any other recomendation by the other guests/hosts, as I would have lost a lot. That prediction of the DOW being at 16000 in 2008 was spot on...not!
tefeasel42 2 years ago 6
How the hell does Laffer come to his conclusions? Is he a puppet or in denial?
bttalbot 2 years ago
OWNED
Sphinx159133 2 years ago
This is funny. I'm amazed that Peter shows so much common sense, and these guys just blow him off.
sonygvf 2 years ago
these videos are HILARIOUS to watch!!! That shit bag at 4:17 is laughing at Peter Schiff like he's a moron!!
Great video, this was well done! Hilarious stuff. these "prefessional economists" don't know WHAT the fuck their talking about!
Neither does Krugman!
evangrogers 2 years ago 2
Paul Krugman isto economics what Jim Jones is to Christianity.
KingDrudge 2 years ago
ROFL
I'll admit i had to look up who jim jones was. Tragic story, that. If we keep listening to Krugman it'll be much more tragic! (Just like your analogy)
evangrogers 2 years ago
Art Laffer the fre market keynesian
deltapunk21 2 years ago
A consumer economy can only exist if the consumer has the necessary purchasing power which can only be gained by being a producer producing real wealth in manufacturing industry, processing industry, extractive industry, and basic strategic service industry like science and engineering schools, vocational technical schools, medical schools, basic scientific R&D work, infra-technostructure based-pension systems, public utilities, create a credit-based non-monetary national banking system
darthvader5300 2 years ago
and the morons laughed. Some idiot told me Austrian economics had been discredited. That was right before he told me we have no natural rights.
Daniel44125 2 years ago 2
Best video I've ever seen on youtube. Peter Schiff is unbelievable! Genius.
irontosspong 2 years ago 4
fucking spectacular, who the hell are these clowns the news organizations dig up??!!
I hope Schiff wins the senate position he deserves in '10. What a level head!
kowalityjesus 2 years ago 2
-- IF Federal Reserve did not cover losses for major USA banks ,,, Millions of Americans would loose their savings , IMAGINE that ,
Plus , goverment guarantees savings up to 100.000 $ , all people who have more would be screwed , for the difference ,
aviomaster 2 years ago
4.17 My favorite!!!
tiborszekeres 2 years ago
Now all people who have left with 100.000$ would find another bank to put their money , they would do a search for safety, and put their money WHERE ???
SWISS bank , but first they would convert their dollars , to GOLD or currency backed by GOLD.
aviomaster 2 years ago
could art laffer be anymore of a complete douchebag?? what an idiot!
disciple90633 2 years ago 16
So many idiots on tv spitting nonsenses to millions of ignorants!
AFRIKTODAY 2 years ago
Go back to Africa. We don't want you here.
scottvska 2 years ago
Take me back if you can!
AFRIKTODAY 2 years ago
Wow!!!!!
rms180 2 years ago
Wow!!!!!!!!
rms180 2 years ago
I like this compilation and like what I see of Schiff.
Though I am wary about having a history of commentary cut up and then re-assembled by someone else for my consumption
BigDaddyBongos 2 years ago
Highly recommend contacting the Ludwig Von Mises Institute, the "Mother Lode" repository of Austrian School books/resources...quite an array of must-read materials. They offer a free catalog...or just go online...read to become a champion of sound economic thinking!
Schnookynibbles 2 years ago
Art Laffer should be banned from TV, and should not be allowed to comment on anything economical. Thank God for the Austrian Economists. Now start listening to them before problems occur, not after.
mahynes 2 years ago 2
"Nice little slow down"... Hahaha
malibuhur12 2 years ago
"the financials are a super burgain he says.....L O fucking L....Meryll lynch is a great place ha ha ha ha , dont they diserve to loose their money.
panleh75 2 years ago
Great compilation! Thanks for posting.
OysterLava 2 years ago
Omg if i had five minutes in the same room with those nearsighted dumbasses who are laughing at schiff...
What a bunch of morons..
ManaGlassStudio 2 years ago 4
PHENOMENAL
whodat121980 2 years ago
Love this video. Thanks x whoever edited it. This is why I stop watching and listening to these corrupted or ignorant contributors.
eaguilar66 2 years ago
Why do people bother arguing with Peter, anybody who argues with this guy is a freaking moron. Of course these guys have no idea what he's talking about, cause they don't know what the hell they're talking about. "Sub prime is tiny" hahahahaha, "you were simply wrong" hahahahaha, "Myril Lynch is a terrific company" By sides hurt from laughing so much. Where are these guys now, they should be taking notes on how Peter takes a leek at this point. How are these D-Bags on T.V. wow
Sandman09z 2 years ago 3
listen how the stupid ditz blonde moans and groans at 9:10 when Peter predicts big losses in stocks... way to go Peter, exposing these phony sacks of crap for the economic illiterates that they are.
labulldog5 2 years ago
well somebody please tell me to stfu? i watched videos like this so many times and i just get madder every time i watch it. i don't care who is right at the end, but the way they disrespect different opinions is appalling!
bjan87 2 years ago
right on. they want to turn this planet into a global dictatorship. those people are the same kind of people, same kind of propaganda like in soviet union, nazi germany. revolution 1776 style is strongly needed.
thomaspainereturns. net
LoveAndLiberty1776 2 years ago
to the guy who said "I have no idea what Peter is talking about": of course you don't!
bjan87 2 years ago 3
I bet after that talk, Peter shorted Laffer's longs.
bjan87 2 years ago
When that woman goes "huh..." it pisses me off. Why be so blunt and rude to address someone who clearly knows more about economics than herself. QQ
hoppie182 2 years ago
Once again the giggling idiots are wrong, but then again as always, these wrong giggling idiots decide about what to happen. You will see that the ' honest people that say it right and know it right, will never rule a country or decide things. It will always be the wrong giggling idiots. Because they do not have the knowledge, but they do have the majority and dirty/low tricks.. tricks that the honest person who acts on what he knows and on facts, would never come up with.
YouTupertje 2 years ago 2
Peter Schiff is a genius.
nolan067 2 years ago 8
Peter Schiff, what an absolute legend!
Vertedism 2 years ago 7
How can wealth be driven higher with NO SAVINGS?
ohio1998 2 years ago 6
And the house of cards comes crashing down...
It's all been propped up to fall once more.
fomastephanovitch 2 years ago
Maybe I'm a bad person, but I want to punch that laughing fool in the mouth...
ZeLVaR 2 years ago 32
you're not a bad person.. I was thinking about kicking him in the face
xithilinx 2 years ago 4
That laughing guy...
I swear, he must be the charecter the boss from The Office is based on...
A moronic windbag laughing away...
TKainZero 2 years ago 3
@ZeLVaR hahah im with you. a knee in the groin to that laughing fool would be justified and encouraged
ClBball 1 year ago
@ZeLVaR
Same here brother!!
xTAxGUNZ 1 year ago
@ZeLVaR Your not a bad person.
Your 100% correct
HandyMan101 1 year ago
@ZeLVaR
You are bad because you don't punch those assholes.
johnsenkenn 1 year ago
@ZeLVaR no your not....your a good person, just like me, and i want to kill that lying pig working for the globalist elite, fukin pigs!!
cetnik03 1 year ago
The clueless clowns that laughed at Peter aren't smart enough to know how foolish they look. I'll bet you a penny that they're stupid enough to STILL challenge his analysis!!
keyomos 2 years ago 30
@keyomos It's worse than that. They'll look you straight in the eye and tell you that they knew everything Peter said before he said it, and that it was really their idea. These people are garbage, they make money because they have no decency at all, they'll sell you whatever makes them money.
DocWyoming 1 year ago
@keyomos dude someone please find out the email and number of the lil bitch that was laughing and own him and ben stein is a bitch
Leva1234 1 year ago
At least Ben Stein apologized to Peter later in 2008...the others can svck my d!ck
pronginator 2 years ago 4
where is that dipshit who kept laughing at peter, the guy with the big loud mouth? I'd love to see what he's saying now. Honestly, it's hard to look that foolish.
xhamlin 2 years ago
I second that..
Eball06 2 years ago
take a look at art laffers sons video response to peter, its even more ridiculous than arts...
watch?v=KAGa1mbBvC8
schiffhashitthefan 2 years ago
2.28
peter: one of us is off base and its definitely not me.
today market proved that peter was right. I respect his courage to come to national TV and say what he had to say but its a pity that the other people could not understand him and laughing.
83clowns 2 years ago
there are Sheep, and then a Shepard
ClownShoeProductions 2 years ago
I think it's funny how everyone laughs at peter. I wonder if they're laughing now
clof2001 2 years ago 4
Hopefully they were invested in those financials they said were so cheap. They may have been trying to pump up their positions.
Zeldovich 2 years ago
The only way we are going to get back to becoming a wealthy super power is not by nationalized healthcare or energy independence. it is by production. Producing creates wealth. We have not had production for years because of our corporate taxes and union wages. We can't compete against CHina when they have no unions or high taxes. Until our politicians understand this we won;t ever become a super power.
pandabead 2 years ago 3
Ron Paul and Peter Schiff - 2012
Lingerfoot 3 years ago 5
i have been saying this too for years. I saw this illusionary wealth a long time ago. my husband and i went to look at home in the 500,000 range in middleclass sector and could not understand how people making 70,000 could afford thay price of a home. A woman told us about speculation. That is where it all started.
pandabead 3 years ago
I agree. I'm just about the age where I should get familiar about buying a home. I got paid decently as an engineer, but I absolutely could not understand how my peers were able to get half million dollar homes. The number just don't add up and it's a bad move. I didn't have to understand how the financial jargon works. It just doesn't make sense. Now I'm having trouble looking for things that actually does make sense.
durentu 2 years ago
Man . How did these people get pssed in ecinomics class. Retarded immoraland Have lost peoples 401 K plans . They been investing in for over 30 years. Hanging is to good for these sick asses.
topnemsis 3 years ago
"And the spurns that patient merit of the unworthy takes."
Keep up the good work Peter!
mbburch06 3 years ago
Ben Stein, Stick to fucking tv shows and teaching principles of micro-economics.
Questfortruth86 3 years ago
All those so-called experts on Fox News - should look at this interview to realise how deluded their perceptions and forecasts were (and if they don't change their mind-set) will be in the future. Seriously Schiff is speaking the truth.
shellyriver 3 years ago
wow!!! talk about callin it!!!!
Everybody, every show he went on they said that he was wrong. Boy, talk about in your face!!! I guess they should start listen to peter schiff from now on uh!!
mic2damgood 3 years ago 2
I love the way they laugh at him, and mock him. All the other people were wrong, yet why are people still listening to them?
BATCH420 3 years ago
There is no suck thing as free trade!
These Globalist are killing us!
ThreeX 3 years ago
I "talked" to " the market" and "wallstreet"
this morning over breakfast.
It's feeling a little disapointed that all this commentators keep "misquoting" it.
Like they had "talk" with "the market".
Like they know what "the market's feelings" are.
Anyway dont listen to the cable news paparazzi creating ' rumors " about the 'market's feelings".
smilingseal 3 years ago
For those who claim "Peter is lucky" or "...wrong plenty of times", (i.e. government Internet trolls) here's a reality check: Peter understands better than all the other balloon-heads the panels the fundamentals of economics. It's easy to claim he's wrong when something hasn't happened YET, just like these numskulls claimed he was wrong two years ago. Being wrong and not being able guess the exact timeline are two different matters altogether.
dreverends 3 years ago
That one with girlish hair is the most stupid figure I have ever seen. He finds 10% price hike each year a normal appreciation in a normal regular market. Where did the Fox people find such a Joker? Its really astonishing.
axal100 3 years ago
lol but it is funny how
Stein picked Merrill Lynch
Other guy picked Bear Stearns
The girl picked Goldman-Sachs
and Schiff got laughed out of the room when he picked gold. (which is on fire right now)
silverbluejc 3 years ago 3
Sorry but he got lucky it happens. But the media fails to tell the truth and that this gus is a medicore investor.
silverbluejc 3 years ago
just read your comment about Peter Schiff getting "lucky."
How is this luck? It's simple REAL ECONOMICS, that means NON-KEYNESIAN economics.
He isn't lucky, just well informed. His economic understanding comes from a much older school of economics that has been intentionally rejected by our gov't because it deals with real wealth.
Look up
Ludwig Von Mises
Rothbard
Austrian School of economics
campaignforliberty com
EdMan2012 3 years ago
Comment removed
dconjar 3 years ago
Please record it and upload to youtube. :)
DyeTyme 3 years ago
who's that prick laughing at him at 4:15? what dingleberry.
pfost 3 years ago
The guy kinda looks like the 40-year old virgin. HAHAHA What a douche.
Bankingcartel 3 years ago
Meant the guy laughing at 4:15. The reply didn't post in the right spot.
Bankingcartel 3 years ago
America is having a going broke sale and goods will start leaving the country and will not be replaced along with our jobs....if our creditors are China, Russia, Japan, Saudi Arabia, Brazil etc etc etc then they will stop sending their capital and goods to america and we will see a massive reduction in available supply of all goods especially new goods....great scarcity=great demand...everyone will buy like crazy cause the cash will be losing value...which will only fuel hyper-inflation
gladiator1010 3 years ago
This has been flagged as spam show
Peter is awesome! If you want the latest Peter Schiff videos, articles and his podcast, check out Peter-Schiff . com. It's all on one page, plus a link to his new book.
ggadguy 3 years ago
Damn Peter owned all their asses. Who's laughing now biotches!? Peter should be on the front page of every news paper and tv station. The dude knows his stuff and I trust his word.
cousinmccain 3 years ago
Mr. Schiff has been right on alot of issues regarding the economy, but no one has listened. Look where we're at now.
rss22 3 years ago 3
Peter fot President!!!
gantech 3 years ago 3
All money gains value as soon it's deemed "legal tender for all debts, public and private". The courts will not enforce the payments of debts, fines and taxes with anything else. Businesses are only going to accept whatever happens to be legal tender and retail consumers have no choice but to demand whatever businesses and governments demand.
You're right though, our entire system of government needs to be overhauled before anything good for the people can come out of it again.
Piscivorus 3 years ago
who's laughing now...?
new world order assholes....
JayGottiII 3 years ago
"I'll bet you a lot more than a penny."
jpfchi 3 years ago
Wow. This guy sounds like a damn genius.
elgcpa 3 years ago
A gold (or any commodity) standard is nothing but price fixing and can be abused in too many ways. Gold has ZERO value to me.
Debt-free fiat currency is the best monetary policy. It can be created and issued by the government as payment for everything it buys from the private sector and destroyed when it's collected back through taxes. An occasional federal sales tax (the fair tax) is all that would be needed to keep the money supply in balance with the economy.
Piscivorus 3 years ago
but the money already has no value. where is it going to get its value from? hence, why the issue of gold was introduced and even suggested. value is determined by demand, not debt, as is the case with the current monetary system. so gold might not have any value to you, but it apparently does to other people.
JayGottiII 3 years ago
Money get's it's value simply because it's legal. Gold has intrinsic value but it's not legally money- you can't use gold to buy gas or groceries. The actual value of your money is decided by you when you spend it.
Piscivorus 2 years ago 2
the debt-free currency u speak of is a damn good idea. but that won't be allowed by the people that would implement such a system. there is no large scale profit in it for them. unless you americans do what the constitution said - over-throw the government who is not serving ur best interest.
but still, a good idea
JayGottiII 3 years ago
It's going to happen eventually. Just as soon as they are unable to support the military and police and secret service that's protecting them.
Piscivorus 2 years ago
gold has a real value ! it is a commodity used in numerous industries, you can ALWAYS sell it. fiat money, on the other hand is worth nothing, because ...what can you do with a dollar if you can't exchange it for something else? whipe your ass? roll it into a joint ? eat it ? smoke it?
panzerny 2 years ago