I agree. Peter Schiff would be well advised to engage a speaking coach. He needs to learn hand control, not just not putting hands in pockets, but also don't constantly henpeck fingers in front of your face. And he needs to watch for "Ahs", "Ums" and "You Knows". Finally, he also needs to paragraph his speaking more, take tiny pauses to punctuate his remarks and give people's minds time to absorb. He's a good speaker now, with that help, he'd be great.
Peter is for sound currency. That is a start. Remember there is no bigger supporter of sound money. People say going back to a gold standard is going backwards. Actually our founding fathers put us on a gold standard to protect us from fiat currency and the powers of fractional reserve banking by dangerous central bankers. Can you imagine Peter debating Dodd or Bernanke face to face. He will articulate like no other that they are the problem.
@dimaniak--I agree with you that fractional reserve banking is bad, but we need you to support Peter. No doubt you make a valid point about fract res banking. However no other candidate understands it more than Peter. McMahon doesn't, Simmons doesn't. Dodd solution is even worse. You may not agree with everything Schiff says but give him a chance. He has educated many and is by far the best candidate. He needs everyones support. Linda Mcmahonsspending 50 million. Dodd is funded by AIG
he's considers bank deposits as a loan to the bank no biggy, and anyways thats what the laws say and this allows fractional reserve banking. If the laws were changed to force 100% reserve im sure he would have no problem with it.
American people need to do their own research, their own analysis. I sincerely believe Peter Schiff is a truly sincere, intelligent, gifted leader which this country very badly needs.
I support Ron Paul. I don't care about other candidates they even worse. Fractional reserve banking is evil. Austrian economy that allows fractional reserve banking is not different from keynsian economy or communism. Because in any of these economies those who are in power STEAL money from people.
I don't care that he is mason. Shiff is jewish and also probably a zionist. I don't care who are they. I care only about ideology. Austrian economists that support fractional reserve banking are EVIL.
Again it doesn't matter. Communist ideology is evil. Austrian economy WITHOUT fractional reserve banking is awesome. While Ron Paul supports it I don't care that he is a mason.
you're such an idiot, do you think that Ron Paul would make Peter Schiff his ECONOMIC advisor if he didn't believe in the same things Peter Schiff does?
Peter Schiff was economic advisor of Ron Paul this is the first thing.
Second is that people like you destroy our revolutionary movement from inside by creating such a artificial divisions like you do. So answer my question: who is paying you traitor?
They don't believe in the same things. Ron Paul is against federal reserve Schiff is not.
LEARN ABOUT FRACTIONAL RESERVE BANKING! It's not about unity it's about priciples, about ideology. Austrian economy with fractional reserve is not different from keynsian economy!!!
I know more about fractional banking than you. Now try to focus: Ron Paul made Peter Schiff his economic advisor, ERGO Peter Schiff is AGAINST fractional banking. I know it because I heard it. Stop repeating your delusional nonsense.
"I know more about fractional banking than you.' You don't Fractional reserve banking helped Rothshilds came to power. If you don't understand how dangerous it is you know NOTHING about fractional reserve banking.
I know. You don't know that Rothshilds are Masons as your favorite candidate Mr. Paul is. They sit in the same secret society. But you trust Ron Paul becuase he said something. Good for you sheep.
So if you want to judge Ron Paul by his actions and not his words, think why he made Peter Schiff his economic advisor. Answer: He trusts him. Now ask yourself: would Ron Paul trust someone who wants to keep the Fed in power? Plus I remember countless times when journalists asked Schiff what he would do as Fed's chairman. He's answer was always the same: dismantle the Fed and resign. You must have a lot of bad will not to appreciate the guy. Even your beloved Ron Paul trusts him.
of course he _says_ that, he doesn't believe it though. Look at the guy he runs from the most communistic state in the Union - Connecticut. He isn't this stupid to tell them "abandon the fed" because NOBODY would vote for him. Ron Paul is from Texas, yes there you can say abandon the Fed and get elected. Think about it! Obama said he will get us out of Iraq. Everybody knew it is a lie to get elected. This is how you should look at Schiff. This is why Ron Paul trusts him.
Well, look, is Ron Paul naive? I don't think so. He knew exactly who he is taking along for the Presidential race. For this type of races you don't take people you can't trust. That's all I'm saying.
Even if you are right, which I doubt, I've never seen him say he supports that, then you should support Dodd instead? I mean Schiffs negatives barely touch his positives.
I watched that you dumbass. He says he wants the MARKET to set the % reserve. Look at all the bank panics of the history. Banks who kept their reserves too low FAILED, and citizens who CARED about their m oney would ask the banks what their reserves were. You are missing the point of FREEDOM.
It's not freedom! It's theft! Fractional reserve system and deposits exist only for stealing people's money. Why do we want gold standard? Because amount of money = amount of gold. With fractional reserve system amount of money in the system > amount of gold. Prices go higher. As result everyone's money is stolen. It is same as inflation. It just redistributes money from majority to bankers. That's how Rothshilds became so powerful. They were first who implemented such system on the world-scale
You still don't get it. Right now fractional reserve is required, it's the law. So you can't go to a bank that doesn't do it, nor can you use a different currency to pay for things as the FRN (Federal Reserve Note) is the only legal tender.
Yet if we abolished the Fed and allowed other currencies to flourish we would be free. We would also be free to patronize or not patronize any bank we wanted.
If upon review Bank A, we saw that they had a 75% reserve, and we were comfortable with that, then that is our choice.
Freedom is the ability to make choices without coercion. Bank A has the freedom to make a choice to inflate it's own notes. The risk it runs is bankruptcy. Forcing them to a gold standard is not freedom.
Read this 10 times. Fractional reserve system and deposits exist only for stealing people's money. Why do we want gold standard? Because amount of money = amount of gold. With fractional reserve system amount of money in the system > amount of gold. Prices go higher. As result everyone's money is stolen. It is same as inflation. It just redistributes money from majority to bankers. That's how Rothshilds became so powerful. They were first who implemented such system on the world-scale
fractional banking = banks only keep a *fraction* of their deposits in reserve, allowing them to make loans. Look it up. How much of a fraction will they loan? That is the issue, whether the loans are sound or not. doi
i'm aware of it when people talk about fractional reserve banking they mean money multiplier which allow banks to create money out of thin air and control money supply
Peter Schiff is great and if you've listened to many of his video's . . . you know that he has been correct almost all of the time!
I wonder, though, people hearing it for the first time . . . might get scared. But then again, that might be exactly what we need - stir the pot and get someone elected who might actually get us back to reality!
@tommy6238 ....there are two other candidates running in the republican primary. simmons and mcmahon. you are saying you would rather see them or Dodd win the senate. You will never see a perfect candidate that you agree with on everything. Tommy we agree with you that bombing Iran is not the solution and that fract reserve banking should end. Schiff said that we shouldnt even be over there. He does not "WANT" to bomb Iran. Why are you so much for the other two Rep. candidates or for Dodd?
@tommy6238 Sure anyone can label anyone. Be more in depth with your rebuttal rather than spaming with labeling name call like NEOCON. Please state your case why the alternative candidates Dodd and the 2 Rep simmons and mcmahon are so much more desirable to you. Is there anything Schiff stands for that you agree with. State your case on the whole issue for or against Peter. You are capable. Spamming and namecalling is a waste of time and is discredits you. why do you like dodd simmons etc
watch?v=73vVEY8zNCE - Schiff is a NEOCON!!! He wants to bomb Iran! Don't support him!!!
tommy6238 2 years ago
watch?v=73vVEY8zNCE - Schiff is a NEOCON!!! He wants to bomb Iran! Don't support him!!!
tommy6238 2 years ago
Mr. Schiff shouldn't keep one hand in his pocket, it doesn't look very engaged.
JorritSchippers 2 years ago
watch?v=73vVEY8zNCE - Schiff is a NEOCON!!! He wants to bomb Iran! Don't support him!!!
tommy6238 2 years ago
I agree. Peter Schiff would be well advised to engage a speaking coach. He needs to learn hand control, not just not putting hands in pockets, but also don't constantly henpeck fingers in front of your face. And he needs to watch for "Ahs", "Ums" and "You Knows". Finally, he also needs to paragraph his speaking more, take tiny pauses to punctuate his remarks and give people's minds time to absorb. He's a good speaker now, with that help, he'd be great.
Panpiper 2 years ago
Take a look at the audience and you will discover something very unusual..
davidguywilson 2 years ago
what is unusual?
subuey 2 years ago
watch?v=73vVEY8zNCE - Schiff is a NEOCON!!! He wants to bomb Iran! Don't support him!!!
tommy6238 2 years ago
watch?v=73vVEY8zNCE - Schiff is a NEOCON!!! He wants to bomb Iran! Don't support him!!!
tommy6238 2 years ago
Peter is for sound currency. That is a start. Remember there is no bigger supporter of sound money. People say going back to a gold standard is going backwards. Actually our founding fathers put us on a gold standard to protect us from fiat currency and the powers of fractional reserve banking by dangerous central bankers. Can you imagine Peter debating Dodd or Bernanke face to face. He will articulate like no other that they are the problem.
kurtzuleger 2 years ago
watch?v=73vVEY8zNCE - Schiff is a NEOCON!!! He wants to bomb Iran! Don't support him!!!
tommy6238 2 years ago
@dimaniak--I agree with you that fractional reserve banking is bad, but we need you to support Peter. No doubt you make a valid point about fract res banking. However no other candidate understands it more than Peter. McMahon doesn't, Simmons doesn't. Dodd solution is even worse. You may not agree with everything Schiff says but give him a chance. He has educated many and is by far the best candidate. He needs everyones support. Linda Mcmahonsspending 50 million. Dodd is funded by AIG
kurtzuleger 2 years ago
watch?v=73vVEY8zNCE - Schiff is a NEOCON!!! He wants to bomb Iran! Don't support him!!!
tommy6238 2 years ago
he's considers bank deposits as a loan to the bank no biggy, and anyways thats what the laws say and this allows fractional reserve banking. If the laws were changed to force 100% reserve im sure he would have no problem with it.
Scottnice 2 years ago
watch?v=73vVEY8zNCE - Schiff is a NEOCON!!! He wants to bomb Iran! Don't support him!!!
tommy6238 2 years ago
peter schiff = honest, smart, liberty loving mofo who know's about economics more than any keynesian thinks he knows.
kobe88124 2 years ago 9
watch?v=73vVEY8zNCE - Schiff is a NEOCON!!! He wants to bomb Iran! Don't support him!!!
tommy6238 2 years ago
American people need to do their own research, their own analysis. I sincerely believe Peter Schiff is a truly sincere, intelligent, gifted leader which this country very badly needs.
Schiff for Senate!
chuska8383 2 years ago
This has been flagged as spam show
watch?v=73vVEY8zNCE - Schiff is a NEOCON!!! He wants to bomb Iran! Don't support him!!!
tommy6238 2 years ago
This comment has received too many negative votes show
Schiff supports fractional reserve banking. He is Rothshilds' shill. SCHIFF IS EVIL!
dimaniak 2 years ago
commies propaganda. You want your guy elected, don't you? How much they pay you traitor?
bart12121314 2 years ago
I support Ron Paul. I don't care about other candidates they even worse. Fractional reserve banking is evil. Austrian economy that allows fractional reserve banking is not different from keynsian economy or communism. Because in any of these economies those who are in power STEAL money from people.
dimaniak 2 years ago
You like calling names?! Then Ron Paul is a Mason! He supports Masonic agenda.
bart12121314 2 years ago
I don't care that he is mason. Shiff is jewish and also probably a zionist. I don't care who are they. I care only about ideology. Austrian economists that support fractional reserve banking are EVIL.
dimaniak 2 years ago
oh you don't care he's a mason?! Masons are communists in disguise you sheep!
bart12121314 2 years ago
Again it doesn't matter. Communist ideology is evil. Austrian economy WITHOUT fractional reserve banking is awesome. While Ron Paul supports it I don't care that he is a mason.
dimaniak 2 years ago
you're such an idiot, do you think that Ron Paul would make Peter Schiff his ECONOMIC advisor if he didn't believe in the same things Peter Schiff does?
Peter Schiff was economic advisor of Ron Paul this is the first thing.
Second is that people like you destroy our revolutionary movement from inside by creating such a artificial divisions like you do. So answer my question: who is paying you traitor?
bart12121314 2 years ago
They don't believe in the same things. Ron Paul is against federal reserve Schiff is not.
LEARN ABOUT FRACTIONAL RESERVE BANKING! It's not about unity it's about priciples, about ideology. Austrian economy with fractional reserve is not different from keynsian economy!!!
dimaniak 2 years ago
I know more about fractional banking than you. Now try to focus: Ron Paul made Peter Schiff his economic advisor, ERGO Peter Schiff is AGAINST fractional banking. I know it because I heard it. Stop repeating your delusional nonsense.
bart12121314 2 years ago
"I know more about fractional banking than you.' You don't Fractional reserve banking helped Rothshilds came to power. If you don't understand how dangerous it is you know NOTHING about fractional reserve banking.
dimaniak 2 years ago
I know. You don't know that Rothshilds are Masons as your favorite candidate Mr. Paul is. They sit in the same secret society. But you trust Ron Paul becuase he said something. Good for you sheep.
bart12121314 2 years ago
While he folows what he says i dont' have problems with him.
dimaniak 2 years ago
So if you want to judge Ron Paul by his actions and not his words, think why he made Peter Schiff his economic advisor. Answer: He trusts him. Now ask yourself: would Ron Paul trust someone who wants to keep the Fed in power? Plus I remember countless times when journalists asked Schiff what he would do as Fed's chairman. He's answer was always the same: dismantle the Fed and resign. You must have a lot of bad will not to appreciate the guy. Even your beloved Ron Paul trusts him.
bart12121314 2 years ago
watch?v=Cux97u9Ca5M from 2:03 he says that he SUPPORTS it.
dimaniak 2 years ago
of course he _says_ that, he doesn't believe it though. Look at the guy he runs from the most communistic state in the Union - Connecticut. He isn't this stupid to tell them "abandon the fed" because NOBODY would vote for him. Ron Paul is from Texas, yes there you can say abandon the Fed and get elected. Think about it! Obama said he will get us out of Iraq. Everybody knew it is a lie to get elected. This is how you should look at Schiff. This is why Ron Paul trusts him.
bart12121314 2 years ago
You are very naive but maybe you are right. Until Schiff explicitly says that he is against fractional reserve banking I won't support him.
dimaniak 2 years ago
Well, look, is Ron Paul naive? I don't think so. He knew exactly who he is taking along for the Presidential race. For this type of races you don't take people you can't trust. That's all I'm saying.
bart12121314 2 years ago
Even if you are right, which I doubt, I've never seen him say he supports that, then you should support Dodd instead? I mean Schiffs negatives barely touch his positives.
bajoverga 2 years ago
watch?v=Cux97u9Ca5M from 2:03 he says that he SUPPORTS it. Fractional reserve banking is a HUGE negative it makes him almost as bad as Dodd.
dimaniak 2 years ago
I watched that you dumbass. He says he wants the MARKET to set the % reserve. Look at all the bank panics of the history. Banks who kept their reserves too low FAILED, and citizens who CARED about their m oney would ask the banks what their reserves were. You are missing the point of FREEDOM.
bajoverga 2 years ago
It's not freedom! It's theft! Fractional reserve system and deposits exist only for stealing people's money. Why do we want gold standard? Because amount of money = amount of gold. With fractional reserve system amount of money in the system > amount of gold. Prices go higher. As result everyone's money is stolen. It is same as inflation. It just redistributes money from majority to bankers. That's how Rothshilds became so powerful. They were first who implemented such system on the world-scale
dimaniak 2 years ago
You still don't get it. Right now fractional reserve is required, it's the law. So you can't go to a bank that doesn't do it, nor can you use a different currency to pay for things as the FRN (Federal Reserve Note) is the only legal tender.
Yet if we abolished the Fed and allowed other currencies to flourish we would be free. We would also be free to patronize or not patronize any bank we wanted.
bajoverga 2 years ago
If upon review Bank A, we saw that they had a 75% reserve, and we were comfortable with that, then that is our choice.
Freedom is the ability to make choices without coercion. Bank A has the freedom to make a choice to inflate it's own notes. The risk it runs is bankruptcy. Forcing them to a gold standard is not freedom.
bajoverga 2 years ago
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Read this 10 times. Fractional reserve system and deposits exist only for stealing people's money. Why do we want gold standard? Because amount of money = amount of gold. With fractional reserve system amount of money in the system > amount of gold. Prices go higher. As result everyone's money is stolen. It is same as inflation. It just redistributes money from majority to bankers. That's how Rothshilds became so powerful. They were first who implemented such system on the world-scale
dimaniak 2 years ago
This has been flagged as spam show
watch?v=73vVEY8zNCE - Schiff is a NEOCON!!! He wants to bomb Iran! Don't support him!!!
tommy6238 2 years ago
This has been flagged as spam show
watch?v=73vVEY8zNCE - Schiff is a NEOCON!!! He wants to bomb Iran! Don't support him!!!
tommy6238 2 years ago
fractional banking?? Schiff wants the banks to not be guaranteed by the government, that way banks would be judged on how sound they are.
subuey 2 years ago
fractional reserve banking = banks can control money supply. government guarantees don't matter.
dimaniak 2 years ago
fractional banking = banks only keep a *fraction* of their deposits in reserve, allowing them to make loans. Look it up. How much of a fraction will they loan? That is the issue, whether the loans are sound or not. doi
subuey 2 years ago
i'm aware of it when people talk about fractional reserve banking they mean money multiplier which allow banks to create money out of thin air and control money supply
dimaniak 2 years ago
but hey I'm all for another Andrew Jackson abolishing the federal reserve altogether, and every regional reserve bank to boot.
subuey 2 years ago
btw, (I'm on a role here), does anyone notice how Timothy Geithner is the spitting image of Nicholas Biddle?? This is what we call *conspiracy*.
subuey 2 years ago
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watch?v=73vVEY8zNCE - Schiff is a NEOCON!!! He wants to bomb Iran! Don't support him!!!
tommy6238 2 years ago
Peter Schiff is great and if you've listened to many of his video's . . . you know that he has been correct almost all of the time!
I wonder, though, people hearing it for the first time . . . might get scared. But then again, that might be exactly what we need - stir the pot and get someone elected who might actually get us back to reality!
bwheeler83 2 years ago
This has been flagged as spam show
watch?v=73vVEY8zNCE - Schiff is a NEOCON!!! He wants to bomb Iran! Don't support him!!!
tommy6238 2 years ago
Schiff for the Senate, Schiff for the Fed, Schiff for the President of the United States!
focus21x 2 years ago
This has been flagged as spam show
watch?v=73vVEY8zNCE - Schiff is a NEOCON!!! He wants to bomb Iran! Don't support him!!!
tommy6238 2 years ago
love peter schiff for america.
misternormL 2 years ago
This has been flagged as spam show
watch?v=73vVEY8zNCE - Schiff is a NEOCON!!! He wants to bomb Iran! Don't support him!!!
tommy6238 2 years ago
he isn't neocon. he's against the war. What are you talking about? Do you need psychiatric help?
bart12121314 2 years ago 2
@tommy6238 ....there are two other candidates running in the republican primary. simmons and mcmahon. you are saying you would rather see them or Dodd win the senate. You will never see a perfect candidate that you agree with on everything. Tommy we agree with you that bombing Iran is not the solution and that fract reserve banking should end. Schiff said that we shouldnt even be over there. He does not "WANT" to bomb Iran. Why are you so much for the other two Rep. candidates or for Dodd?
kurtzuleger 2 years ago
@tommy6238 Sure anyone can label anyone. Be more in depth with your rebuttal rather than spaming with labeling name call like NEOCON. Please state your case why the alternative candidates Dodd and the 2 Rep simmons and mcmahon are so much more desirable to you. Is there anything Schiff stands for that you agree with. State your case on the whole issue for or against Peter. You are capable. Spamming and namecalling is a waste of time and is discredits you. why do you like dodd simmons etc
kurtzuleger 2 years ago