Peter Schiff Aug 22nd VLOG

[GusBariga]

that fish analogy is perfect for the situation in Africa

[MrMagnarp]

Peter you are the best. Keep up the good job !

[30percentplusreturns]

moneypirates com  Best website ever. Get educated on what is going on with the economy and how Americans are being robbed blindly!

[hc167]

I check that guy speech. and look like people respect Peter a lot and almost nobody leave anything. He must be mad

[toluca56]

All this talk about "discrediting Peter." There's no need to discredit, nor validate, anyone. He's just stating the obvious for the most part. Currency inflation and debt monetization leads to dollar devaluation, and the time interval isn't particularly long between the cause and effect. 1 year, 3 years, who cares. If people don't want to listen to that, then simply don't. It's not going to change the outcome by arguing or trying to discredit anyone. The final arbiter will be reality.

[jshafer817]

If I had some money to invest, I would give some to Peter for sure. If he lost it all, or well, if he made me rich oh well. That is life. Its short. At least we tried. The parable of the talents jesus spoke of reminds me that you should try to increase the talent, and not sit on it. But I think jesus was talking about salvation, and spreading it to others... =)

Good Day!

[jshafer817]

Ezekiel 7:19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

Gold cannot insure all problems. You cant eat gold. Wanting more wealth can be sinful to god, when your not thankful for what you have. If you cant afford to play poker, dont play.

[judoyodan]

Aren't you a little old to have an invisible friend?

[jshafer817]

Yep, we should ignore\not bring to light MN. Though he did call us all cock roaches we should move on.

Peter Millington knew what he was getting into, and so did many others. You dont have to explain yourself.

I personally believe the only investment I can make is hard work, and anything left over I would probably buy gold, to hedge against inflation, not too get rich. Becoming rich, requires hard work, and at some point you should say that your rich enough and just be happy. With losses.

[mac9641]

ah, I know exaclty who it is... that guy is a tool

[healthhavencom]

Peter Schiff:

1) Whoever told you that people will only watch videos that are under 5 minutes in length is WRONG.

2) At this point in your career you really NEED to ignore people like MN. He has exactly zero influence and his ideas about investing and the economy are simply insane. Ignore the man.

Looking forward to your next 10 minute vlog.

[Pepsifx357]

In the 70s, GM was the biggest employer in America and the average worker's wage was $17 an hour. Now, Walmart is the biggest employer offering an average of $8 per hour. That $17 per hour in the 70s is equal to $69 per hour in todays dollars. That is how people could afford cars and houses without the wife having to work. How would you like to make $132,000 a year.

[thegermanandre]

@ExquisiteDoom: So, if u wanna discredit me, u should be the man of relevance. R u? Fuck u!!! I bet ur a lil girl with pony tails. ice to know that u discredit urself with ur comment. Epic fail, kill urself.

[ExquisiteDoom]

oh, yes... Grammar mistakes followed by epic fail. I am very hurt.

[thegermanandre]

Peter doesnt tell the truth when said: "I never said when the dollar collapse". There are interviews here on youtube where he say, it will happen in 2012 (Conspiracy fuckers shut the fuck up now). He also told that the second even bigger collapse will take place in autumn. And he has also financial interests like the other CNN or MSNBC fuckers. And also financial experts while Bush was in power have warned. Whats-o-ever, search for scripts from university. Some describe it like him, some not.

[ExquisiteDoom]

Hello, i heard those clips, and my behavior as a result was perfectly rational. I researched what happened between the dates of the collapse and the interview, but you know, every single time ,the government pulled off a new sugar high to the economy, but i cannot expect unreasonable critics to dig through this for themselves. Sounds to me like you are butt hurt because of his ability to speak the truth. If you wish to discredit Peter, you might want to look at your relevance.

[alycephoto]

That other guy's a cry baby...wah wah

Keep up the good work, Peter!

[yjfoo81]

Fuck Mike Norman!

[Sentinel4truth]

Dude, he's Voldmort around here! The name that will not be mentioned... LOL

[Codad]

Great vid.

[dinkolino2]

this is not peterschiffs channel, people

[pismo10]

Don't try to explain yourself to critics, it "cheapens" you. It is a waste of time as well, if an orator or politician spent all his time responding to critics he wouldn't have time to gain any ground.

[NYyankeeboi]

Good job Peter You always say it how it is which is why I lisen to you and tell others to listen. The image of patriotism has been abused, and tarnished to benefit certain individuals and parties. People like you are true Patriots.

[cashfornothing]

Thank you Peter, keep up the good work.

[rayallin]

Informative as usual Peter. You should not worry so much about hurting the other guyj's "feelings". He attacked you...and if your going to go into Politics you need to toughen up to stand toe to toe against your critics because people want confidence in their candidate .... Best wishes and keep up the good fight.

[Sawbucks23]

Forget the 5 minute rule! The way I see it, the more time you use, the more information we are going to get from it.

[jshafer817]

Someone is taking a pot shot at peter? I cant believe it.

[Ksabrs45]

Give up Minarchy and look into Anarcho-Capitalism. Anarchists were Minarchists who just got tired of making excuses for the limited State. You won't have to worry about non-coherent concepts like "Patriotism."

[pokerkingtrevor]

Thank you, Peter. I am a chinese living in China, but I pay my full attention to you and follow you every day. Thanks again.

[xwolflowx]

Peter you are a true patriot. Its great to hear someone banging a drum against the ear of these banksters. GIVE 'EM A EARFUL! Its great to see that we have people like you who are proud and loud voices speaking for the free thinking. There are plenty of us who know and understand the massive scam that has been pulled. I would really love to hear your opinion on debt free currency and how Colonial Script really set America apart from the pack when the world was still enslaved to central banks. ty

[chiyerano]

Thank you.

[CountArtha]

Is there anything that can't be explained with a fish-related anecdote?

[SGDeGalvez]

we are watching peter.

[truefictions]

Great job.

5 stars

[josahtompkins]

Another great vlog.

[NSResponder]

Peter Schiff never claimed to be the only person who saw the collapse coming. Anyone at the Mises Institute would have made the same call.

-jcr

[82abhilash]

Not likely. It is one thing to know that the government policy would misallocate resources, another to anticipate its nature. Anticipating future market state is an entrepreneurial activity. The people at the Mises institute are academic types.

[dinkolino2]

they all saw it coming.. Woods wrote a book about it too

[82abhilash]

You mean Meltdown? It was released after the crash.

[Jaycephus01]

He means that Woods wrote in Meltdown that the crash was predicted by many Austrian School economists. The whole book is a defense of free markets, and explains the real root causes of the boom-bust cycles. It is Peter's understanding of these root causes that give him the insights he has.

[82abhilash]

Lots of people including Peter Schiff, knows the theory, but using that knowledge to anticipate future state of the market, is an entrepreneurial activity, that does not necessarily come with the knowledge of the theory. If that was not the case, there would be plenty of rich economists.

According to the theory, keeping interests rate abnormally low will result in a massive misallocation of resources. But in which sector? Housing? Dot com? All sectors? That is where people like Peter comes in.

[82abhilash]

Perhaps I can explain it by means of analogy, the greeks had the knowledge of the steam engine. But using that knowledge to power factories and locomotives, had to wait until the importance of accumulating capital as recognized. That did not happen until the Industrial Revolution, when free markets blossomed.

[exafc]

get the facts. Peter was talking and writing about this stuff as early as 2003. When the bubble began to burst, most "experts" still laughed at him.

To claim that "they all saw it coming" is stupid, unless you mean to say, that "they" lied.

[dinkolino2]

All Austrian economists

[maxinatlanta]

Thanks Peter.  Awesome comparison with fish. As, usual, you make too much sense.

[LondonCrusader]

Mr Schiff, Sir.

You are sounding overly defensive. Why? You are one of the very few bold enough, and brave enough to stand up for the FACTS, in spite of the endless media blitz against you for almost a decade.

You should be all guns blazing against ALL of them. They know you were right all along, yet even now most of them are still denying the economic fundmentals.

Good wishes

yours...a London resident

[maxinatlanta]

My comment disappeared?

[GLADIATORvsNWO]

Thanks Peter. What brand of polo shirt is that? Can someone please message me what video Peter is talking about.

[roughcutone2]

Thanks Peter

[readywerx]

bingoo!