7/1/2008- Ron Paul Advisor Peter Schiff On Squawk Box

[sha370z]

2009 was a ghost town

[rmccay88]

Wesbury is a moron. He's babble speaks for itself.

[111RobinHood]

Get rid of the damn Fed! The Fed should not even exist! It is illegal and unconstitutional and it is run by a corrupt, evil elite who are guitly of money counterfeiting and they should be hanged for their crimes! It is the Fed and those evil banksters who are ruining America and the world. Rockefellers, banksters, corporations are all guilty and should be in prison! Oil prices are going sky high which is why America went after Iraq for oil and now is after Iran for oil to support the dollar!

[falcon2154]

Wesbury is the jackass that said the Dow will hit 15K by 08.

[garyowen4ever]

sqwak box is so lame,,,,,,,,,,i like schiff, insasna or LIESman should have debated him, the old haines, faber, kernan, lame o's and penguins days were the best, carl should be working for mcdonalds and beckie should be working at  IHOP.

[iambanzo]

hilarious when peter interrupts the other guy after he said the Fed had up till recenlty did good "no they didn't" and when the guy mentioned being worried about deflation in 2000 "i wasn't" cracks me up. you can tell the guy gets t'd off

[cowboycarl04]

wow even these experts don't seem to understand that there are periods when the stock market does well (cough BULL), and then there are periods where it is poor (BEAR).

Now, I'm talking long term. The typical 20 year rise and 10-15 year slowdown that is cyclical. Short terms very, but long term shows this trend.

We had a rapid rise from 1980 to 1999. To be safe, expect a rapid fall.

[kaiserwongze]

Peter Schiff is the only one out of any of the CNBC people who knows what he's talking about that is willing to call out all these douchebags they bring on who don't put a dime of their money at risk in the market every day.

[dcs5150]

Countrywide is FINE! Bear Stearns is FINE! Fannie and Freddie are FINE! Lehman Bros. is FINE! Washington Mutual is FINE! The U.S. consumer is FINE! The dollar is FINE! $20 per gallon of gas is FINE! Our imploding economy is FINE! The constitution is FINE! U.S. sovereignty is FINE!

[Thrice13]

lmao, good one!

[wtfbroskie]

once bailout money runs out you wont be saying that

[Rustyshackleford08]

They treat him better than Fox news at least. I hope this doesn't eventually turn in to Fox again.

[lazlo26]

watch?v=0QvghM0HSQc

; )

[InTheSticks1881]

I don't believe the government either. They are playing a confidence game. When we lie to ourselves, the result is always painful. Inflation (M3) is at about 16+% and growing rapidly. Price inflation is at 12% and will catch up. If the price of oil sees 170+ this year we could see 20%+. At a 12%, purchasing power of current incomes and savings will be reduced to 25% of today's value in 8 years, at 25%, 4 years. Cost of living raises tend to follow the CPI which is way under reports.

[xsleef]

It will end,fake money never last.But they will fight or even kill to keep their scam going on.

[DOLLARCRASH1984]

Don't worry people, America's inflation is just at 2,5% and its unemployment number is at 5%.

John Williams of ShadowStats is nuts!

The goverment is always right!

Don't listen to Peter Schiff, Nuriel Roubini, Marc Faber, Jim Rogers, James Turk or any off these kind off unamerican cumguzzlers!!!!!!

[MaverickCentricity]

Wow, I actually liked this. Everyone was controlled an open to Peter's viewpoint instead of instantly attacking and throwing him under the bus. Hope to see Peter on CNBC more.

[andrewebisu]

Everyone in this video except Peter is so so stupid I can't believe it.

[Hossi]

I wonder if its finally the time when CNBC, Fox and others realize that they can't go around bullshiting their viewers anymore and will stop ridiculing Peter.

Also, I wonder if Fox is gonna let go of their only panelist who has and will be right all the time, and hire him for his own show.

[contain1359]

We shall continue to work on one person at a time who then works on one who works on one to one and on and on. Let's educate from the grassroots level. The people are showing that we are much more intellegient then the elitist, government, msm, etc.etc..

[Paetaor]

"A lot of things have come true, Peter."

To say the freaking least.....

[dermoni08]

it is good to see peter back on cnbc telling the truth

[MooseOfReason]

I'd love to have 1% inflation. Is that guy insane? Have gas prices risen 3 cents over the past five years, or have they risen almost 3 dollars?

[TheCZMan]

The US government relies on core inflation to measure the phenomenum: core inflation excludes taking into account energy and food because they were deemed to be too volatile to deliver an accurate measure of inflation.

[Gollywog]

they also distort the inflation rate since inflation is based on the 'basket of goods', which the government alters to make the inflation seem better then what it really is

[jspark311]

Everyone needs food and energy.

Food and energy are the first things inflation affects. That's why removing them from the measure is a good way to hide inflation.

CPI is not a measure of inflation any more than the speed on your speedometer is a measure of the distance you've traveled.

Related, but not nearly the whole story.

[TheCZMan]

Well, I just reported the point of view of the US major economists who designed the CPI and excluded food and energy from the deal.

They may be wrong or right. I just brought information in.

[JackNeedles]

Oh yeah, Lol, Peter will be Bullish alright, lol....in China.

[JackNeedles]

Great to see Peter back on CNBC. Government, greedy bankers, and regulation ALWAYS screws it up, not people who want to be just free.

[Xasew]

Peter's so enjoying this. I mean at the end he was basically jabbing at CNBC for not inviting him back sooner.

"Let's make it happen." and then giving out a few names so he could humiliate them face to face at the studio.

[sbmillionair]

lol@him acting stupid when peter said they called him doctor doom. Man they wanna act like they are objective because they brought him on. The only reason they brought him on because, his predictions are coming true.

[endlessmountain]

More Peter Schiff.. Good Job CNBC in bringing him back. They keep trying to make Peter look so bad, and yet Peter is all about TRUTH and he is all about fixing CORRUPTION and GOVERNMENT LIES. What i have wrote in capitals is all about this MOVEMENT that is going on right now. Peter Schiff is a GENIUS and they try to make him look bad!

[fr33domlib3rty]

Have anyone seen the real face of the EU

Its happening here. Thank God we have warning.

its about how the central banks took over the EU.

Thats not happening here!

[fr33domlib3rty]

Awesome Peter ..you are a genious!

[codematrix]

OMG, Peter on CNBC? I guess they now want to hear the truth.

[irdial]

they are finally starting to wake up. they have gone through their archive of his appearances and found that he is scarily right about EVERYTHING. that credibility rubs off on them when they have him on. this is how the truth wins in the end!