Peter is right. Democrats and Republicans are destroying the country. Whether it's rapid inflation or U.S. bankruptcy (forcing us to sell our assets to major bond holders) something is going to happen eventually. Sad day for the liberals, progressives and socialists. We can either rebuild ourselves based on competition, free market principles and limited government, or turn completely corporatist. Given our stupidity, it will be the latter.
It's a common misconception that Hitler's aim was world domination. He never wanted another World War in the first place.
Other than Lebensraum to the east, Hitler wanted other countries to be compliant with and subservient to Nazi Germany as a superpower, but had no interest in ruling nations around the world. He was quoted as saying that Germany "ought not to export ideas like National Socialism" since it would enhance the unifying character and strength of other nations.
Just a remined for Americans how CCCP went down in 1990,
Goverment of CCCP in 1988 created a plan Dumb ass Gorbachev plan to revitalize the economy of CCCP , WHAT happened -- Total Economic collapse in 1990 ....
Peter Shiff is rght 100% ,,, Goverment can not do anything , but create CHAOS.
hey dylan, i don't know exactly where your philosophies lie but you seem to have a good head on your shoulders. the next time you have a lunch break with rachel maddow, keith olbermann, or chris matthews, please for all our sakes, teach them a few things about the economy and common sense.
When they exchange their dollar holdings and start using let's say GOLD as a comparing unit of value , THAN dollar will hit hyperinflation ----> Implies WW-III
justgetsome - Collpase of the USA dollar will be sun raise for nations who invested in USA , DOLLAR already fell in March 2009 and this fall was felt around the world , People lost jobs , construction companies in Europe canceled their projects, Crisis is felt all over , ALL countries which invested in USA and which use dollar as a comparing unit, to other assets felt it on their own skin.Which means they will exchange their dollars for something else.
kefluv - " More freedom in China" depends on what you mean by Freedom ,
and How do you know what kind of freedom they have in China , have you been to China,you have to live there to compare it to the USA or you just watch CNN goverment censored privately owned TV stations.
I do not trust goverment media anything. THEY lie lie lie lie lie ..... BUT I know people in Europe have more freedom than those in USA that is for sure.
"More freedom in China?" Ask a Chinese peasants working in some coal mine how free they feel. If he loves their freedom so much, why doesn't he defect. This guy is an idiot.
I'm so happy he mentioned the rent seeking behavior of people, firms, etc. It seems ALOT of professional economists that get on these programs conveniently like to forget how important of a concept that is and how prevalent and perverse it has become in the U.S. That combined with regulatory capture (which too many ignore) had been disastrous to the country as a whole. The few destroying the many.
I like Dylan Ratigan. He was one of the only sensible people on cnbc. Dylan, Jeff Macke and Rick Santelli are the only 3 that make any sense and Dylan and Jeff aren't there anymore. I guess CNBC only hires idiots and when they get someone who actually makes sense they get rid of them
Mainstream looking gold friendly cramer kudlow on board. This is a psychological infowar. Seems to me a good time for the manipulators to try to discredit gold and stocks one more time and then pass legislation to railroad 401k money into U.S treasuries. For our own good of course. I realize there under pressure with a rising price but i know they still control the agenda. Maybe there just being forced to acknowledge the truths, lets hope.
I left the west 15 years ago, never looked back. I now own a number of apts. I pretty much live off the rents. I have a good job and I should be retired by age 45. I couldn't do this in Canada. Shit, I wouldn't even own my house there outright if it wasn't for sending money from here to pay it off.
I'm afraid the collapse of the U.S. dollar will impact you more than you know. Whatever you do, just make sure you get out of everything dollar related. Paper money, (fiat currency) no matter where it's from, is not safe. Myself, I am trading my green toilet paper for '1964 & before" U.S. quarters, dimes, dollars, half dollars (90% silver).
@justgetsome i know this is alot of personal question, when you move to that country how much money did you have? and did you know anyone there that helped you get on your own feet or just landed on the ground and went looking for a job? how long before you started making money?
@djtohkee ...No problem. I had nothing when I showed up here. i didn't even have enough for my extra suitcase fee leaving Canada which i knew nothing about. If I didn't come with a friend I wouldn't have been lost. I only knew the person who was to pick me up at the airport. It took me two advances in pay from my first boss and about 6months to get enough saved for a few month nest egg/amergency fund.
Looking back i call laugh, i wasn't laughing then....
@justgetsome Where do you live? As someone who's 18 years old, sees the horrible - possibly hyperinflationary - crisis with the US dollar and US short-term t-bills and other "government backed" (by nothing) securities coming, what general advice would you give? I've pretty much been forced into college against my will because my parents think anyone who doesn't finish graduate school is destined to become a failure. I plan to drop out as soon as I can get some $ together. The US is finished.
@IvanTheHeathen You tell your parents that kids being forced into college are the ones who drop out soonest. It's also a great way to get started on a career you don't give a shit about.
@IvanTheHeathen I live in South Korea. A degree will get you employment here as a teacher and that's a decent job. I don't knock education although the cost really isn't really worth the stretch in my opinion. i think you are mature for your age but if your parents are going to fit the bill for school; ride it out.
Look, I'm not a rich man but i do very well because my wife does. We own alot of shit here and i even own a house in canada still. it doesn't work if you don't have two people.
@justgetsome ...The thing is we are not credit rich. We own all of our shit, all of it no mortgages like all the rest of the 90% of losers in the west. don't fucking kid yourself; loan equals loser, cash is king. Credit rich people discust me. I see all these asshole driving around in leased cars, mortgaged cars I laugh at them, ask how's you payments? it's harsh but people need a reality check.
@1514mojo There is no gold bubble. The dollar is the ultimate mother of the bubbles. very few American owns gold. People need to buy physical gold and silver to protect themselves.
@1514mojo Everyone owns dollars but very few own gold. When the average guy on the street starts chasing gold then you might have a bubble. Right now that's not the case. Many Americans are actually selling their gold! Elsewhere in the world, demand is rocketing. The dollar is doomed.
These guys nailed it...
Its culture warfare not class warfare!
Salvysahagun 8 months ago
Peter is right. Democrats and Republicans are destroying the country. Whether it's rapid inflation or U.S. bankruptcy (forcing us to sell our assets to major bond holders) something is going to happen eventually. Sad day for the liberals, progressives and socialists. We can either rebuild ourselves based on competition, free market principles and limited government, or turn completely corporatist. Given our stupidity, it will be the latter.
groam6666 1 year ago
3:38 "because all that money is being fuckin' shoveled over to wall street based on governemnt subsidy" is that what he said or did words tangle?
h4tchetman 1 year ago
@h4tchetman lol that's what I thought
frank1es1 1 year ago
Peter Schiff == Broken Record
bweazel 1 year ago
@bweazel He stays consistent.
jsamsonite07 1 year ago
So do broken records. Then stay annoyingly consistent.
bweazel 1 year ago
@bweazel
BROKEN RECORD PLAYING THE TRUTH IS JUST CALLED RIGHT
europa 1 year ago
What is the difference of NAzi Germany 1939 and USA in 2009 ?
Not much just tactics is different. Germans said it they want world domination.
and USA did not say it they are protecting freedom and democracy but are in full swing for world domination. Which will end up in WW-III
aviomaster 1 year ago
@aviomaster
It's a common misconception that Hitler's aim was world domination. He never wanted another World War in the first place.
Other than Lebensraum to the east, Hitler wanted other countries to be compliant with and subservient to Nazi Germany as a superpower, but had no interest in ruling nations around the world. He was quoted as saying that Germany "ought not to export ideas like National Socialism" since it would enhance the unifying character and strength of other nations.
bobshenix 9 months ago
Just a remined for Americans how CCCP went down in 1990,
Goverment of CCCP in 1988 created a plan Dumb ass Gorbachev plan to revitalize the economy of CCCP , WHAT happened -- Total Economic collapse in 1990 ....
Peter Shiff is rght 100% ,,, Goverment can not do anything , but create CHAOS.
aviomaster 1 year ago
-- People -- USA is no different than Nazi Germany of 1939
IF USA is close to bankruptcy they will start more WARS .... expect WW-III
Police on the streets, and control of the people by Force.
USA rot in helll --- Fuck you and your shitty story about free market economy
Thank you Peter Shiff for speaking the truth
aviomaster 1 year ago
hey dylan, i don't know exactly where your philosophies lie but you seem to have a good head on your shoulders. the next time you have a lunch break with rachel maddow, keith olbermann, or chris matthews, please for all our sakes, teach them a few things about the economy and common sense.
wunderbeast 1 year ago
This was an EXCELLENT interview.
ufamizm 1 year ago
When they exchange their dollar holdings and start using let's say GOLD as a comparing unit of value , THAN dollar will hit hyperinflation ----> Implies WW-III
aviomaster 1 year ago
justgetsome - Collpase of the USA dollar will be sun raise for nations who invested in USA , DOLLAR already fell in March 2009 and this fall was felt around the world , People lost jobs , construction companies in Europe canceled their projects, Crisis is felt all over , ALL countries which invested in USA and which use dollar as a comparing unit, to other assets felt it on their own skin.Which means they will exchange their dollars for something else.
aviomaster 1 year ago
-- USA is 45th in democracy in the world ranking by EU.
and GOD knows where USA stands in Freedom.
So it is very possible that CHINA is above USA in individual freedoms. CHINESE do not have 790 prisoners on 100.000 people.
USA leads the world in PRISON population 790 prisoners on 100.000 people.
That is how USA defines Freedom.
aviomaster 1 year ago
kefluv - " More freedom in China" depends on what you mean by Freedom ,
and How do you know what kind of freedom they have in China , have you been to China,you have to live there to compare it to the USA or you just watch CNN goverment censored privately owned TV stations.
I do not trust goverment media anything. THEY lie lie lie lie lie ..... BUT I know people in Europe have more freedom than those in USA that is for sure.
aviomaster 1 year ago
"More freedom in China?" Ask a Chinese peasants working in some coal mine how free they feel. If he loves their freedom so much, why doesn't he defect. This guy is an idiot.
We all need to take it down a notch.
kefluv 1 year ago
Half crazy.
rockdots 1 year ago
this tv anchor is surprisingly pro free market for msnbc
jaar2001 1 year ago
SILVER $800/oz T-Minus 6 months
goldspring187 1 year ago
@goldspring187 how did you come to that conclusion?
ae357em 1 year ago
@ae357em
the webbots..its an exaggeration but i think we'll see 200oz soon.
goldspring187 1 year ago
Watch: "Money as Debt" here on YouTube so that you can REALLY UNDERSTAND how our fiat currency works and how it enslaves us with debt via fraud.
yakyakyak69 1 year ago
This has been flagged as spam show
I'm so happy he mentioned the rent seeking behavior of people, firms, etc. It seems ALOT of professional economists that get on these programs conveniently like to forget how important of a concept that is and how prevalent and perverse it has become in the U.S. That combined with regulatory capture (which too many ignore) had been disastrous to the country as a whole. The few destroying the many.
uchihac 1 year ago
Comment removed
uchihac 1 year ago
Ratigan must dread walking into that studio, knowing he has to appear to tow the line every day.
jag10 1 year ago
Comment removed
FireGuyX 1 year ago
Peter Schiff is the damn truth here.
jmjfanss 1 year ago
cheaters' suck eggs
alleywants 1 year ago
Employees ought to demand paid in silver and gold or walk away. Unemployed people have time to grow a garden and raise chickens...
marknclaire 1 year ago
Ron Paul 2012 Abolish the Fed
RunLiberty 1 year ago
One of Peter's better appearences...
I'm not familiar with this Ratingan guy, but on the surface, he is much more respectable than anybody at fox.
dacrunkqb11 1 year ago
I like Dylan Ratigan. He was one of the only sensible people on cnbc. Dylan, Jeff Macke and Rick Santelli are the only 3 that make any sense and Dylan and Jeff aren't there anymore. I guess CNBC only hires idiots and when they get someone who actually makes sense they get rid of them
fasteddie847 1 year ago
Mainstream looking gold friendly cramer kudlow on board. This is a psychological infowar. Seems to me a good time for the manipulators to try to discredit gold and stocks one more time and then pass legislation to railroad 401k money into U.S treasuries. For our own good of course. I realize there under pressure with a rising price but i know they still control the agenda. Maybe there just being forced to acknowledge the truths, lets hope.
TheNick487 1 year ago
I left the west 15 years ago, never looked back. I now own a number of apts. I pretty much live off the rents. I have a good job and I should be retired by age 45. I couldn't do this in Canada. Shit, I wouldn't even own my house there outright if it wasn't for sending money from here to pay it off.
justgetsome 1 year ago 3
I'm afraid the collapse of the U.S. dollar will impact you more than you know. Whatever you do, just make sure you get out of everything dollar related. Paper money, (fiat currency) no matter where it's from, is not safe. Myself, I am trading my green toilet paper for '1964 & before" U.S. quarters, dimes, dollars, half dollars (90% silver).
1514mojo 1 year ago
@justgetsome just wondering what country did u move too? i want to move to china
djtohkee 1 year ago
@djtohkee..... South Korea
justgetsome 1 year ago
@justgetsome i know this is alot of personal question, when you move to that country how much money did you have? and did you know anyone there that helped you get on your own feet or just landed on the ground and went looking for a job? how long before you started making money?
djtohkee 1 year ago
@djtohkee ...No problem. I had nothing when I showed up here. i didn't even have enough for my extra suitcase fee leaving Canada which i knew nothing about. If I didn't come with a friend I wouldn't have been lost. I only knew the person who was to pick me up at the airport. It took me two advances in pay from my first boss and about 6months to get enough saved for a few month nest egg/amergency fund.
Looking back i call laugh, i wasn't laughing then....
justgetsome 1 year ago
@justgetsome ...oops... emergency and can laugh not call laugh...
justgetsome 1 year ago
@justgetsome Where do you live? As someone who's 18 years old, sees the horrible - possibly hyperinflationary - crisis with the US dollar and US short-term t-bills and other "government backed" (by nothing) securities coming, what general advice would you give? I've pretty much been forced into college against my will because my parents think anyone who doesn't finish graduate school is destined to become a failure. I plan to drop out as soon as I can get some $ together. The US is finished.
IvanTheHeathen 1 year ago
@IvanTheHeathen You tell your parents that kids being forced into college are the ones who drop out soonest. It's also a great way to get started on a career you don't give a shit about.
nurbSoldier 1 year ago
@IvanTheHeathen I live in South Korea. A degree will get you employment here as a teacher and that's a decent job. I don't knock education although the cost really isn't really worth the stretch in my opinion. i think you are mature for your age but if your parents are going to fit the bill for school; ride it out.
Look, I'm not a rich man but i do very well because my wife does. We own alot of shit here and i even own a house in canada still. it doesn't work if you don't have two people.
justgetsome 1 year ago
@justgetsome ...The thing is we are not credit rich. We own all of our shit, all of it no mortgages like all the rest of the 90% of losers in the west. don't fucking kid yourself; loan equals loser, cash is king. Credit rich people discust me. I see all these asshole driving around in leased cars, mortgaged cars I laugh at them, ask how's you payments? it's harsh but people need a reality check.
justgetsome 1 year ago
@justgetsome where did you go?
Xenthoid 9 months ago
@Xenthoid ...i live in south korea.
justgetsome 9 months ago
Is there a gold bubble?
Is there a dollar bubble?
What percentage of Americans own gold, or silver?
1514mojo 1 year ago
@1514mojo There is no gold bubble. The dollar is the ultimate mother of the bubbles. very few American owns gold. People need to buy physical gold and silver to protect themselves.
yushaos 1 year ago 3
@yushaos
The ones who aren't fooled, will preserve whatever wealth they have left.
1514mojo 1 year ago
@1514mojo Everyone owns dollars but very few own gold. When the average guy on the street starts chasing gold then you might have a bubble. Right now that's not the case. Many Americans are actually selling their gold! Elsewhere in the world, demand is rocketing. The dollar is doomed.
Capnwabbit 1 year ago
@Capnwabbit
That's right.
I prefer "1964 & before" quarters, dimes, dollars, half dollars (90% silver).
Today it takes One Dollar and Fifty Cents to buy a single dime.
1514mojo 1 year ago