Inflation, Fed independence, Greenspan letters, rule of law.

[xeppo]

Grate!

From Norway

[klaptongroovemaster]

Let's also not forget that demand for things like FOOD and GASOLINE will not go down. And THOSE are the things that will screw us.

And... Conveniently, the government leaves these things OUT of their calculations of price inflation. So while it will cost us all more to LIVE, they will proudly say there is no price inflation.

Fucking lying bastards.

[Tobacc0]

Given I'm a Socialist and so probably disagree with Mr. Schiff on societal topics I always find his ripostes on the economy dead on.

Most amusing is; as this economy gets crazier and crazier his voice rises higher and higher. I swear he must tear some rants off-camera whenever he sees the latest machinations of Geitner and the Fed.

[jimmyjoe1975]

This sort of economy is required for socialism to exist.

[cpugamerbb]

Better mic please... It may just be you have the input too loud, as the past few videos have been substantially louder than other YouTube videos.

[Jfkennedy62]

WASHINGTON (AP) — The Obama administration says it is committed to overhauling the country's financial rule book by giving the Federal Reserve increased powers to guard against the types of risks that could bring down the entire system.

[pismo10]

A proper GM bankruptcy (creditors getting something) is more important to the future of America than handing GM over to the Unions. What a waste that is....

[PatriotsRepublic]

Hire me as your IT guy... I'll have you doing professional looking vids in no time. My Webcam is a 50 dollar camera that I use at 320x240 usually. But my sound is always good.

[teapot55]

please get better sound quality dude

[jonnysport89]

Glad to see you back w/ G. Beck.

[LoveAndLiberty1776]

With depression at the doorstep, it is time to fire the Federal Reserve. Western economies are on the brink of total collapse; only prompt, decisive and radical measures can prevent complete world economic ruin.[...]

The band aids will not help the economic crisis. There is a systemic problem. The Federal Reserve and all the central banks in the world that are designed on its model are defrauding the people of the world.

thomaspainereturns. net

[brotherblues2112]

eter please buy a better microphone

[laosuwan]

printed money is only about 5% of total money supply. The other 95% is credit, loans, bonds, etc.

[slurppypurr]

Love you Peter, but gotta fix the sound buddy!

[sallyos06460]

Love Pete. Whos laughing at ya now.

Nobody thats who.

[emosarefaggots12]

LOL America & Britain have not respected the rule of law for a long time..

[SATANSbankers]

The Federal Reserve acts like a criminal secret society, they probably practice the dark arts like Kabbalah, creating something from nothing. It's modern day alchemy.

[Taors]

Peter, you really need to fix this sound shit.

[fatmoleman]

Read the info for the video in the side bar.. He said he is aware of the issue and it is already fixed for future videos.

[audioX1]

schiff2010

[ToneJermain]

oh i guess you did ....just read the info section

[ToneJermain]

I swear I will fix your mic for you

[jsnvoe434]

Peter Schiff is a hero and we must encourage him to run for Senate and help him win. Read the latest article about Peter and signup for the free newsletter at: Inflation . us

[950horsepower]

9:18 / 9:59 I am going to have to assume that the message is that our country has been taken over by a foreign power and they are now deep in a conspiracy to ruin this nation.

Or, if I am afraid to accept obvious conspiracy theories, then I am forced to accept that the FED is so stupid they don't know which way the wind blows. That being the case, how is it that they are so good at lying?

Are you the sort who would die for your beliefs? If not, then forget politics, Pete.

It's ugly.

[Nickelodeon2002]

Peter is doing incredible work in regard to informing the general public. What an incredible "good Samaritan".

[adambelnap]

Another great post. I was also very disappointed in the court's ruling on the senior creditor's rights.

[BBCcashville]

I would kill to read your letter to Greenspan... thanks for everything Peter...

[nathanc777]

Why don't you guys complaining about the audio read the video info:

"Note: Sorry about the audio -- some of your were correct, it was not the mike but the volume which was on maximum. I adjusted it lower and the sound quality is now much better. Too late for this video but it is set properly for the next one."

[tilon2000]

My deafness?...I'M CURED!! WOO HOO!!

[warpicachu]

c'mon man!!!

what's with the mic?!

[priusyt]

Please, adjust your microphone sensitivity!

[focusonandyy]

Your microphone sensitivity needs to be reduced.

[bigmick142]

That precedent is scary. I have invested in commodities ETFs which are backed by insurance in the US. But am now scared that if the US gets in severe trouble then they will somehow steal my investment.

[breadeaterfrompl]

the audio is still far from good :(

[gtele5hev]

"Just because you have unemployment, doesn't mean you can't get inflation"

When economists talk about the inflation as a measure to curb unemployment they usually refer to that Phillips curve (reverse dependence between inflation and unemployment), which was proved wrong several times - I've seen it my eyes proving wrong. Russia 1991-1995: sky-high unemployment rate (>20%) + hyperinflation (>1,000% p.a.). Almost forgot - plus sky high crime rate. These there sisters can come together.

[ncurran1987]

We'll have to email him about these terrible acoustics. They are hard to listen to.

[davincij15]

Justice is no longer blind.

[davincij15]

On your Mac book you have the mic volume to high.

[BoiseBaked]

Your audio level settings on your camera at set to manual mode and your knobs are cranked to full gain, peaking out and causing clipping. Just set your camera's audio "automatic" leveling.

Re: the daily show. You looked a little nervous at first probably thinking about what Stewart did to Jim Cramer. Boy, what a route that was. But Peter you started rolling and Stewart went to all gravy. Nice Job.

Hey, Peter when are you going to start taking questions from your V-Blog listeners?

[Krampfarsch]

if you have a question you can give him a call in his weekly livestream

[herbigp]

great video. The US supreme court has just created a precedent that may be one of the biggest blows to the US economy. This will make any investor with half a brain not invest in any US companies.

[triplebrick]

Peter, thank you for your continuing efforts. Your economic logic is superb. I'd listen to you if you spoke underwater with a mouthful of marbles. Keep going !!!

[briandrews15]

You talk about the Chinese and our other creditor's being tricked into buying our debt because we can't possibly pay it back.. What if they think when we go bankrupt, the world will demand stake like these new bizarre bankruptcies(GM)? I can't imagine they will do nothing after we plundered their wealth for decades. Just a scary thought.

[tmarsha4]

Keep it up!

[jsnvoe434]

Peter Schiff is a hero! Read about how the National Inflation Association is supporting him for Senate and signup for the free NIA newsletter at: Inflation . us

[qkholster]

Peter, great info as always, but you literally sound like you are in an echo chamber. You need a better microphone/computer or should switch to another room.

[germana00]

Thanks Peter. I appreciate your clarity of language. And I always enjoy your videos.

[4rcane]

Peter, have you heard about the Canada Mint missing $millions in precious metal? Is there the same issue with Perth Mint?

[ovar9k]

Pay no attention to that man behind the curtain!

[pclajd6]

One other thing.. You work to hard! Please don't fall over dead. I love your work!

[pclajd6]

I don't like hearing your message. But your right.

On another note.. I don't think you running for office will do anything but waste your time. If 97% of the people didn't want TARP then do you think our votes really matter. Collapse seems like the only real free market correction.

[SchiffReport]

Sorry about the audio -- some of you were correct, it was not the mike but the volume which was on maximum. I adjusted it lower and the sound quality is now much better. Too late for this video but it is set properly for the next one.

[JurkoffJay]

Are you really Peter Schiff?...

[realrasher]

I love your analogies so here's one...

Your audio sounds like an alt-a homeowner that's under water. ;)

Thanks for working on it!

[devilmirror1]

Peter, if you try to be one of youtube's partners, you can post longer than 10-minute videos.

You may also make revenue from advertising if you have more and more subscribers. Killing two birds in one stone. ;-)

[minnesotachris]

Thanks Peter, that's good news :-) Your Greenspan anecdote was priceless!

[FinancialTraffic]

Please Peter, for the love of everything that's Holy, fix your microphone.

[BBCcashville]

Get Chris DODD petererrrrrrrrr

[marniespeaks]

Other than the Banks, CEOs and their Boards.

That's not Socialism.

Just say it already Peter

The US is now an Oligarchy

[KodoTheShoe]

Why does Greenspans' reply to Peter read as though he thinks Peter is some graduate student? Pretty condescending if you ask me.

[stratcatavarious]

Mid volume level & FLAT EQ

Please; the distortion is unbearable

[Stacks97]

no doubt the message is on point, peter... but after 30 years of conveying the same message day in and day out, does it ever get exhausting having to say the same thing over and over and over again... such a shame no one listens.

[citrainor]

Wow he looks good in that shirt. He's as handsome as he is intellegent.

[helpendthefed]

Peter, somehow your input volume got cranked and you need to back it off a bit.  : )

[jsnvoe434]

We need to support Peter Schiff for Senate. The National Inflation Association just endorsed him. Read their article and signup for the free NIA newsletter at: Inflation . us

[Astrocreep69]

Hey George4Title... didn't you claim that Peter Schiff threatened you with a lawsuit not too long ago? You fucking scam artist.

[taineasy]

Schiff is correct. Inflation is not necessarily caused by high employment and wages. Saying that inflation only occurs during high employment and rising wages is just like saying that rising housing prices and sales are the result of low interest rates. The two are not always related as we see today and in the 1980s.

[wykydron89]

Yeah the Philipps Curve is complete bull

[0cyris]

Hey Peter, scan those and post them up for all to see.

[MooseOfReason]

I'd donate to get Peter a new microphone.

[JustMePA]

Excellent interview on the Daily Show - kudos, Peter. Loving the blog...keep them coming.

[nibelungensohn]

You blew my speakers, Peter.

[ctrader09]

maybe someone should email him and tell him the audio problem

[JurkoffJay]

WTF! The sounds still sucks Peter.

You suck!

[wykydron89]

your face sucks

[ceasey0xoogurl]

Yeah some guy said before to change the setting on the microphone maybe lol

[Epic878787]

The Federal Reserve is independent, the federal government... not so much.

[tehPHILOSOPH3R]

Amen, Peter! Hope you get your vlogs sounding better. Its been worse ever since your trip out of the country.

[ExiledPatriot1776]

tone down the audio volume, Pete

[john5246]

Echo is killing me Peter!!!

[jsmythib]

The Schiff has hit the fan so to speak :) thankyou for your update. Also, your interview on the daily show seems to have grabbed alot of liberal friends of mine attention..Funny how common sense can get thru to the average citizen.

[eyewitness043]

Bravo Pete.

[clicksave]

love these vlogs; hope you improve the audio but I'll listen to FuzzySchiff anyway

[capaneo]

I think its time now that you send another letter to Bernanke and Geithner!

[sexdrugsRnR]

only evil people join the government... evil or well intentioned idiots.

[17Spartacus76]

...and the latter just become pawns of the former.

[sexdrugsRnR]

i just watched your daily show interview.. please re-consider running for office... meaning...please don't do it. using violence is not the way of an economic man... spread the message instead.

[trogenus]

Way too distorted!

[qwertydj2003]

i love your message Peter, but you've really gotta fix the audio on your videos!

[basilweir]

Great message, but you need to fix the sound quality.

[cyurkiw]

Great appearance on the Daily Show, Peter. Hopefully your message reached the younger demographic!