Peter Schiff vs the Federal Reserve - LIVE! - Part 2 of 5

[blapgatify]

Peter is so awesome!

[IBloodSweatTears]

8:35 - PETER OWNED HIS ASS. HE TOOK HIS ASS & HANDED IT TO HIM.

"And then the ship sinks."

That was so nasty THE HOST said we might have to end on that note.

[SSVindictive]

Looking at this video now, 2 years one, Peter is all right and those Fed guys are ALL WRONG!

Fed still has a massive, massive balance sheet still

Interest rate is still kept historically low

Commodity prices when through the next year

House prices still remain depressed

Cmon, I'm not even american! Why can't your countrymen watch more videos like this instead of Justin Bieber or Girls shaking their booty in music videos -___-"

[IBloodSweatTears]

@SSVindictive That's how Keynsians are, they have the majority in the mainstream, and there so sure of themselves, but they always miss the problem by leaps & bounds because there own policy's are causing them.

[AwesomeDudeGreat]

"It's like blaming your fever on the thermometer." Looooooooool

[Hanksand]

almost 3 years ago and they still have no intrest rates and announced no intrestrates until 2013. Peter is humiliating these monkeys.

[nsakic]

They borrowed money from federal reserve and bough asset <--- how is that not printing money? Govt can't just go and borrow from fed reserve, a bond is created and fed reserves buys the bond and the govt gets the printed dollars. In fact, the only job of fed reserve is to print money!

[2100v]

Of course the FED can create money on a keyboard and lend to the gov. But what will that do to your purchasing power? They already created 16Trillion, yes TRILLION, and lent it to their bank buddies here and around the world. For nonbelievers, check out table 6 on page 144 on the GAO's own document. sanders.senate.gov/imo/media/d­oc/GAO%20Fed%20Investigation.p­df

[jddalton65]

I wish Woodrow Wilson were still alive so somebody could slap the crap out of that idiot!

[MONOPOLY35]

@APRtunedAudi The Federal Reserve hires Keynesians who, "In proclaiming to be wise, they have become fools".

[sosdkny]

"AND THEN THE SHIP SINKS"!! That a boy Peter, you tell em!!

[TheMEK3]

LOL! Str8 up laughed at him @ 2:51

[jismjacket]

0 dislikes!!!!

[bkekss]

It's like blaming your fever on the thermometer! classic!

[mnap128]

"and then the ship sinks"...LMFAO

[mishalkmh]

"blaming the fever on the thermometre" .. that is BRILLIANT analogy not a lousy 1 u pea brain

[spernoadversa]

Santelli is laughing his ass off everytime Schiff speaks because he totally agrees with him!!!

[rmccay88]

@spernoadversa I know, it was laugh out loud hilarious when Schiff said "They've been wrong for years!"

[nikmarkwell]

HAHAHAHAHA....

Every single one admits they were wrong to Peter Schiff during this segment.

[MissPoirotFan]

"You can't eat an ipod!"

[smasila]

How does Peter Schiff stand these idiots? I was about to punch my fist through the monitor!

[elwind45]

The difference between these men is who they work for period. The people at theReserve were trying to save the institution. The schiff's and the ge boys are worried about the economy. The Fed boys are desperate even more 7 months later. Bernanke is on pbs shiating his pantalones. Ole steve is trying to get a job at the fed!

[hardhittn63]

This is a great program.

[EdMan2012]

Peter's picking each one up one at a timte

[atelang7]

how do these jokes get on TV ? Peter is untouchable ! The rest are just absolute jokes!

"You don't get inflation by printing money. You have to spend it first" - what a joke and a half - Keynesians should be deported back to england. Let the BoE deal with them...

[jetmanrun]

Amen brother. You put the hammer square on to the nail on that one. Peter is way beyond these clowns.

[pingish]

Mark-to-market account is the scourge?

[jjenson2006]

@atelang7 "The rest are just absolute jokes!"

Santelli is good too!

[magichandpuppet]

"And then the ship sinks!" Ha ha, funny as hell.

[gnuochtapir]

Peter owns these guys.

[farhadcoyote]

Right on Peter so well put "Blaming the fever on the thermometer" I knew Peter was sharp but his one was way way slick

[tseland]

Santelli when Peter talks about americans buying products they cant afford: "But I need an ipod!"

Great sarcasm.

[TheRedPriestofVenice]

It's pretty obvious who the lying tools are.

This is going to be great to look back on in one year when these fools have egg on their faces. But then again, they'll probably still think they know it all, that how feable minded they are.

[utubesucks2003]

Warning!

Extreme ownage at 6:04 - 6:28

[buddjas1]

How many Great Depressions must the Federal Reserve create before people start understanding the trend?

[trent2429]

Only 2

[TULLYCAST3]

Santelli got about 30 seconds....

crazy...

[Armando7654]

a bunch of royal dumbasses and Peter

[PAZ0619]

Except Peter and Rick. Rick seems decent too in many CNBC appearances, including this one.

[labartic]

Thank you for posting. I hope those liar sons of bitches burn in hell.