Raw footage of Peter Schiff Interview from The Panic of 2008 film

[Bokhovenable]

Respect for this guy.

[norskemann1]

I love learning about economics.  Peter is a great teacher. Flawless logic

[MrGuvnah]

@avaresearch lol

[paulrprichard]

The free market has been subject to government interference in one way or the other for centuries.

[paulrprichard]

Interest rate too low = A penny saved is a fraction of a penny lost.

[Jaycephus01]

Capitalism has cycles due to fractional reserve banking, which is permitting banks to loan out more money than they have on deposit, effectively creating money out of thin air, which is inflation.

[Jaycephus01]

Schiff is exactly right. Thx for this documentary.

[donkiddick08]

all this is just hot air because the banks have the ability to increase or decrease the money supply as they see fit. thus, they can create booms, busts, deflation or inflation any time they like. the banks use this ability to benefit themselves not the economy. if this doesn't change, economic theory is irrelevant.

[morrisonjimmy]

@flanker4psychos The Federal Reserve is paying interest to them to keep it at the Fed. This is the first time in history this has happened.

[Salvysahagun]

So was the panic of 08 better than that leftist pro government "inside job"?

[8sharkey8]

The most intelligent man in world....

[TheBlitz1]

@escapeout i know i was being facetious

[Trox118]

at 21 mins in I just disagree. I am a passive income real estate investor and the deductions are what makes investing in real estate worth it. I like the way the system is set up... if you are financially educated you can easily succeed. Those that put no effort into investing and business get none of the unfair advantage that is available, its that simple. Perhaps not morally correct but that is another story for another day.

[richardminhle]

@Trox118 it is great for those investors but sucks for everyone else. You can be rich thru the loopholes no question about it but the whole economy will crash. The society will come to a point u drive ferarri but it is better a bullet-proof ferarri and u better hire bodyguard to follow your children when he goes to school.

And the another story for another day is no longer coming. It is here.

[Trox118]

@richardminhle Perhaps you may come to realize that the only difference between the rich and the poor in this country is one of them buys assets that produce income and the other buys depreciating liabilities on credit like LCD tv's and xbox or cars. The tax code is written for business and investing... it is not my fault or any other businessman's that the american people choose to piss their paychecks away instead of compounding interest and purchasing income producing assets.

[pdxeddie1111]

@Trox118 I think your not looking at the big picture but glad your doing so well

[jeffiek]

@Trox118 No, it's not your fault. Then again, you don't seem to be doing a damn thing to stop it. In fact, you rather enjoy the situation.

[zen5678]

Ben Bernanke dislikes this video

[TheManiacalSatanist6]

@zen5678 Ben Bernanke and Paul Krugman.

[TheBlitz1]

@flanker4psychos the only thing cyclic about the markplace are all the different mal-investments the federal reserve creates when it sets interest rates too low

[9Mystere9]

I was there when they put this together. It's all CG.

[Elmgren76]

@flanker4psychos They are speculating with it on all kinds of stuff. It's risk free. If their speculation is successful they keep the money. If they fail, they will get a bailout.

[searching68]

Dude, you mean well but you only have part of the picture. If you want to really understand what's wrong with the economy, read "Death by Technology". This guy is brilliant.

Steve sounds compelling, but this collapse is different this time.

[AndrewLLFrazier]

I can't wait for this movie to come out.

[mrchekky]

If prining money had no consiquences, we would all be rich. !

[mokum777]

He does talk a lot of sense, much of this should have been obvious to government before 2008, always less due dlligence when playing with other people's money.

I wouldn't like the job of editing this down to a useable clip for a film.

[mayoustard]

I'm still amazed how many people want to keep their head in the sand and ignore reality and logic. Im not sure people are mentally prepared for what is coming, even physically prepared ie food water gold silver energy protection etc

[TheBlitz1]

god dam dude

this guy is a machine!

[GOLDSILVERDUDE]

@TheBlitz1

No this guy is a kyke. 

[TheBlitz1]

@GOLDSILVERDUDE ???

[GOLDSILVERDUDE]

@TheBlitz1

A fuckin jew bag is what he is. He worships the bringer of light, or in other words the demonic spirit of Lucifer himself. FUCK THE ILLUMINATI!

[TheBlitz1]

@GOLDSILVERDUDE I thought he was a stock broker/dealer for Euro Pacific Capital?

[EasyGameFR]

lol, I laughed

[Trox118]

@TheBlitz1 no he owns it

[TheBlitz1]

@Trox118 no shit the comment was facetious

[Elmgren76]

@GOLDSILVERDUDE judging by your nick name you should be Schiff's biggest fan...

[DontMeanWell]

It all comes back to the Fed at the end of the day.

[geheg3d]

Shouldn't the graphic in the beginning showing the decline of the dollar be the other way? Instead of starting out with a full dollar and being overtaken by a bunch of gold as the dollar declines, it should be a full gold picture that gradually gets overwritten by the dollar.

[truevoice08]

One of the major flaws in 'Meltdown' (but explained at length in 'Rollback') was that it did not discuss Glass Steagall. Please include it in this documentary.

[ricochetVendetta]

@truevoice08 No glass allowed them to buy from themselves and call it a profit while still being backed by the FDIC which means government backed embezzelment. Also government backs housing securities which means any double dealing there was also shouldered by tax payers

[truevoice08]

@ricochetVendetta But ain't that fraud. I don't think that's related to Glass Steagall though. I don't recall Tom Woods mentioning that in his CPAC lecture.

[ricochetVendetta]

@truevoice08 not everything dishonest is illegal though

[tonyt5000]

The final screen @1:10:24, someone forgot the "e" and wrote “Th Panic of 2008”.....simple mistake that should have been caught. Great interview though.

[samlowrey63]

What's up with the reigns on his horse sculpture?



[SchiffReport]

@samlowrey63 reign poped lose. If I had noticed it I would have fixed it prior to taping the interview. It's fixed now.

[samlowrey63]

@SchiffReport LOL......OK, I thought my monitor was distorting a tree branch outside your window.

[Reckless3057]

How does he keep this all straight as consistently as he does and for an hour straight!

[Paulintheoh8]

Please, interview Doug Casey for as long as you did for Peter Schiff! 1 hour and 10 minutes of Doug Casey!!!!

[bjarnet3]

Peter Talks for 1 hour and 10 min NON STOP,, WOW!