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Going back to gold is pretty fucking stupid for at least one simple reason:
- Who's gonna value it ?
--Check mate-- you lose.
There's a way to tie the value of money to what actually gets produced...but that's not it.
Go back to school...
worldismorphing 2 months ago
This bitch gets fucked by the crowd! hahahahah HECKLE AWAY
RNTcomeback 5 months ago in playlist Peter Schiff in the Saudi Conference
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1XMarksSpot 6 months ago
Perhaps this is why they don't let women drive in Saudi Arabia :D
mistara31415 1 year ago
@mistara31415 Oh snap!
dressupjesus 7 months ago in playlist Peter Schiff in the Saudi Conference
she is a joke.. why didnt Peter interrupt:)
timesplitters333 1 year ago
That lady sits on the board of directors of one of the major banks in the US. I forgot which one, but she is clearly trying to paint a rosy picture to intelligent people. She gets away with it on the BBC but not at this conference.
christopherparmar 1 year ago 8
The poor woman seemed to be trying to defend "economists," who certainly don't all agree with HER (!). Then she felt the need to give a rosy picture of the global economy - and maybe she's right AS FAR AS CERTAIN OTHER GROWING COUNTRIES ARE CONCERNED, but Peter Schiff is totally CORRECT as far as the United States is concerned and the mess our politicians have pushed us into! Go Peter!!
She should have framed her ideas as questions to the PANEL, not tried to become PART OF the panel!
AmericaTops 2 years ago
Development has not been higher since the 3rd world was established by colonial Europe.
She wants it both ways - to make her flawed point bigger "1st time in human history since Bretton Woods" and defend it with the "Bretton Woods" disclaimer. Political animal, as they say.
schwitt01 2 years ago
In part by the what system? Sorry I couldn't understand her.
kasrkinmullet 2 years ago
What an idiot she is. She at first says ambiguously "For the first time in human history," then she appears to back off and say "Only since Bretton Woods." If she is only talking about the time period of Bretton Woods, then wtf is her point? I am so glad that people were loudly disagreeing with her.
bearcat648 2 years ago 5
Bahahahahaha :) That lady is... Bahaha
crispymidget 2 years ago 2
she should have been silenced by the applause much much sooner
lisajason111 2 years ago
Comment removed
Leadwerks 2 years ago
hahahahahaha
nathanp15 2 years ago
O-BAAAr-Mmmmm-a... bleet
buttonmonkey01 3 years ago
"2003-2007" were the strongest years in 30 years. So, you know, let's avoid any data from the system that Schiff would actually advocate - a gold standard.
ProfEngelhardt 3 years ago
This woman is just trying to state the facts.
She meant to say: her own highly distorted version of 'em.
TheRedPriestofVenice 3 years ago 2
LOL,
The audience was thinking STFU and let Peter talk.
devilmirror1 3 years ago 2