12/16/2008 Part 1/4 Peter Schiff On Kudlow & Co: Target Rate To Record Low

[100CommonCents]

btw... could, for the first time ever, could this commentator be on Schiff's side? .. i think he's an in the closet 'Austrian' ... 

[100CommonCents]

this is exactly why statistics do not matter unless you understand the theory.

theory always comes first otherwise stats are just numbers.

[ricochetVendetta]

a nuclear bomb is beautiful too.  the fed is pretty dam amazing true

[rmccay88]

Larry really shouldn't pernicious and incompetent people like Wayne Angell on his show.

[dxartist]

Wayne Angel is a idiot...but I suppose that goes without saying. Fed nuthuggers like him will never admit they are wrong

[rayzn11]

U$A... too big to fail?

[polylingue]

The saying used to "The economy is going South=Latin America"--the new saying goes "The economy is going North=US." We should think about the natural order of things what goes up must come down and what was once down must come up. May be? We will see when the shit hits fan-I can't wait-hahaha!!!

[Departure08]

im so sorryz guyz will find a bloody body in your closet hanging there haunting you and will kill you and ur family and if u want to stop this just sends this to 6 videos in 30 mins or this will happen good luck!

[EMPIRE0FLIES]

The fed got its act together? All i had to hear.... Next vid..

[GnosisTruth]

Peter vs The Fed lovers

[jaaje29]

I love how people think they can apply psychology to Economics, stating we shouldnt tell the truth about our collapsing way of life. Thats what got us into this mess in the first place! We spend/print billions of dollars we dont have on stupid shit, and borrow to consume. We dont use it to invest in physical capital, and now we dont have anything to show for the money weve borrowed. Our only hope is to decrease govt, which isnt happening, the special interests like the status quo. We're done.

[flyinggeng]

Whoa, totally loved Kudlow's

If it moves tax it.

If it moves regulate it.

If it moves buy it.

So depressing, it's funny.

[radeon28]

wayne angel is like the stupidest scmuck ever ahahah...his response was like ..umm eehhh we are in lalala

[achalmers]

I love it!!! Santelli is just laughing his ass off.

[ggadguy]

Peter speaks the truth. Get his book at Peter-Schiff . com. The site also has his podcast and new Peter Schiff articles.

[djsherin]

These guys are douchebags. Peter Schiff rules.

[goldstockbull]

I agree with most of what Peter has to say, but think he is wrong on foreign markets. I believe they will be dragged down in the economic collapse that engulfs the entire world. Gold is the only place to be or stock market shorts.

[fornello123]

lol peter is such a shit disturber. I like it

[gboy1441]

peter is right they are wrong, same old same old. but even if peter is off by a year or two. who cares. we all know the dollar is worth nothing, and eventually china will dump all the money, so will saudis, and we will be priced out of the market for goods from the world. its inevitable. now, later, its coming eventually.

[Jacobrester]

The value of a currency is determined by evalutating the economy of the competing currency. And I have to tell you, most of the economies in the world are in as bad of shape as the USA, some are worse.

So the idea that a collapse of the dollar is inevitable is utterly misinformed.

[zeugmatis]

Our economy is very much mis-evaluated. Most other countries have much higher per capita savings rates with a trade surplus, therefore in a far better financial position.

[Jacobrester]

Yeah okay.....but i still say the collapse of the dollar is doomsdayer paranoia.

[kobe88124]

think about it, we don't produce anything, the only reason our dollar is the reserve currency in the world is because we were the last country to get off the gold standars. China and other asian countries that actually produce things are artificially keeping their currencies low, when they and their people decide to buy what they make and not sell it to us with money we borrowed from them the dollar will crash. China already convinced numerous south american countries to accept yuan i.o dollars

[emirnkamelia]

@gboy1441

People like you give reason to buy stocks

[PAYNE227]

Peter is awesome. Gov. is to set tariffs and regualtions not bailouts. Bush and Congress has aboslutely destroyed U.S.economy. Now every business that fails will come for a hand out. Could Bush be getting a golden parachute out of this? Is Congress corrupt? Will Obama tax the super rich and oil companies? My retirement is already gone thanks to the greedy bastards(bankers,stock brokers). Lets start over give everyone a mil bucks and begin a fresh,new country. Why not???

[EMPIRE0FLIES]

So the next gun on deck is "Old wise farts" who can tell Peter off? And of course what I love most about Schiff. He is fearless and doesnt even flinch. A byproduct of telling the truth.

[kickittome70]

Why is this crisis, deluded rich guys with grey hair are just talking shit? The only ones talking straight are the younger ones. The "old liars club" are trying to con the public to give them enough time so they can get out of their precarious positions. The big guys get out first and the little guys will be walking around next US summer, saying "What Happened, I had $250K in my 401K and now I cannot afford to live" Get used to it - Keiser and Schiff are the only honests guys out there. Listen

[scottvanska]

Schiff's analysis of the Fed and its role in debasing the dollar through rate cuts is spot on. Printing money to bail out failed companies and rebuild infastructure will lead to severe stagflation. But then why does Schiff urge people to invest in foreign currency (or foreign stock that pay dividends in foreign currency)? European and Asian countries have central banks with the same monetary policies and are enacting their own stimulus plans. Ireland just bailed out their largest banks.

[scottvanska]

IOW, foreign governments are inflating their own currency through the same monetary polices embraced by the Federal Reserve. Also, when Schiff says we're in for hyperinflation I know he's trying to sell something. The US dollar is the world's reserve currency; OPEC only sells oil in dollars, so there's no way that's going happen. Cutting interest rates to 0% will lead to serious inflation (20-30%, but Zimbabwe-style hyperinflation?

[return135]

I have a feeling there is going to be another "Peter Schiff Was Right" video again about all the bailouts and the fed some time next year.

[cirishluck25]

schiff bitch slapped their asses

[rosewood223]

Wayne Angel sounds like my professors!!!!

[JLKAJFLKDFKSDKJF]

I love watching Peter Schiff put these fed bitches in their place.

[Justbeatit999]

I don't only watch peter schiff. I also watch jim rogers and marc faber. I just always go to financialtruth0.blogspot because they post all the interviews there when they are available. Anyway, your welcome guys ;-)

[MANofINACTION]

Wiping my ass with Goerge Washingtons face will become cheaper than actually buying toilet paper, yaaay...

[thkdq13]

True statement about the next edition of the "Peter Schiff was right video."

In place of the now thoroughly discredited Art Laffer and Don Luskin the next edition will substitute these two Fed stooges (Angell and McTeer) among others as the false prophets of our fake prosperity.

[rodolphesimon]

I can't wait for part 2 of the " Peter was right" you tube videos to come out next year, it'll be just as funny and true as the 1st one.

[eman8111]

i am really really happy to finally see some of the media come around and really agree with peter shiff and other points of view on a subject.

[Thrice13]

Peter Schiff rules!

[Luphrecio]

Wayne"the idiot" angel: "we are in a serious global falling commodity price movement"

Peter"the smart one"Schiff: "No we're not"

lol Classic.

[Luphrecio]

"And its NOT AN EMPIRE!"

whoops. . . thats teh holy roman empire ;P

[70road]

I wonder who the smartest guy in the room is? Hhmmm.

[lukewarmstorm]

Peter just wants to sell more books he could care less about this country or its people and yet like sheep people flock to have the wool shaven off their backs.

[chadillac19]

you must not pay attention to what peter advises on these shows. If the government would have listened to him years ago, his investments probably will not make him as much money as if they would. They are obviously not listening to him, and his balance sheets will skyrocket because of the fundamentals, not because he doesn't care about this country. He has clearly stated he will invest in America when we get our act together. You dont reward a heroin addict for using more heroin.

[louiethegreater]

By the fundamentals you mean, invest in Asia instead of your own country. Build up the infrastructure of Communist Counties, so we will have a future place to bomb. Getting our act together: like what; cutting the Automotive workers pay, so they can compete with foreign transplants. Allowing illega immigrants to drive wages down in the building trades. We are listening to him and have been, and he sounds just like any other globalist.

[chadillac19]

again, you're not understanding peters point. But like i said, it doesn't matter, Bush is in the works bailing out the auto workers that your worried about, and the government will do the exact opposite of what peter has and will advise for years. We will keep the status quo and keep inflating the currency and borrow money from china, japan, saudi arabia, russia, and south korea. So you shouldn't be worried about mr schiffs advise, because they are not going to follow it.

[louiethegreater]

I believe some of Peters advice, like we must make things, instead of being consumers. I don't understand why he would encourage investing in Communism. I agree we will have hyper inflation, that an economy built on service won't work. I do wonder where he was when all the outsourcing agreements were being passed through the Senate. He offered deafening silence, on the real cause of our delima today.

[chadillac19]

the outsourcing issue can be singled down to the manipulation of the currency. For instance, if we were on a gold standard, over consumption would devalue our currency in an instant. The reason for this is when you buy goods from overseas, you send the purchasing power to the people that make the goods thereby weakening your own currency. The only way to get the purchasing power back to the country is to produce something here and sell it abroad. The other way is by a national savings rate.

[chadillac19]

Peter is an austrian economist, and believes that these imbalances were created by currency manipulation (the federal reserve). He believes that ultimately because we have artificially maintained these imbalances for so long, the transitional period from consumption to production and savings is going to much more painful because the govt is trying to prevent it by loaning people more money they cant afford, and giving money to wallstreet which had a lot to do with this mess.

[ChristiansMustLearn]

Your kidding right? So it was Peters job to sift through legislation during the Regan, Clinton and Bush administration. This collapse has come by way of 30 years of stupid decision making intended to destroy our currency. He's a broker not a messiah...we've ALL been silent while watching our jobs and wealth exported by an elitist minority. We only need look in the mirror for the cause and the solution.

[imh11621]

yep

[BansheeXYZ]

Peter is a huge free market libertarian, don't confuse economic freedom with political freedom. China is far more economically capitalist than we are at the moment. They essentially traded us a lengthy consumption binge for our savings and manufacturing. Outsourcing simply arose from socialist enablements here. Don't blame economic freedom, that's what they're outsourcing to after getting burned by monetary policies and weird regulations here.

[louiethegreater]

I disagree, multinational corperations traded our economy for cheap third world labor, 10 to 15 years of enormous profits. Not careing that they were destroying the very economy they wanted to sell in. IF you make it in China sell it in China.

[BansheeXYZ]

Wrong, in genuine growth, you want the lowest domestic prices relative to wages, if that comes from cheaper labor overseas, so be it. The real problem comes from malinvestment bubbles and currency devaluation enabled by the central bank and our government. We were doomed to this the moment we left the gold standard and started expanding into full-fledged socialism.

[louiethegreater]

No: I don't want the cheapest domestic prices produced by third world labor. Actuall they aren't cheaper, they come at the cost of the American Middleclass. I agree with the gold standard, however returning there is not going to happen in the near future. The Central Bank has produced the problem, but for the purpose of moving us toward the NAU after the EU model. Our sovereignty lies in the balance. Do you believe we should remain a sovereign nation?

[chumbels]

fucking scum. die. shills.

[chumbels]

fucking idiots liars and shills. ubs said today gold is going to 300. yeah right. fuck off. go buys stocks suckers.

[Rattlesrevenge]

Peter is spot on.

[snowtrot]

The proof is in the puttin'. Saying that Schiff is full of nonsense doesn't take away the fact that he has for so long made so much sense. Asserting truth does not refute truth.

[5rey67trhtrhtry65765]

It's the proof is in the pudding you idiot

[snowtrot]

Au contraire, mon frere. I find more value in following sense than mere standard. The phrase 'the proof is in the pudding' is short for 'the proof of the pudding is in the eating' (so I've interpreted). The former alone is too obscure so I say 'the proof is in the putting' instead. Satisfied?

Even so, how does such triviality make an idiot out of me? I accept my ultimate ignorance so I suppose I am an idiot in a certain sense, though surely not in the sense you arrogantly assert.

[CombineEmpire]

Shows how much the two guys against schiff know when they flip flop on their beliefs in one day huh? Schiff has been mocked for years now and stood his ground. It sickens me to see people still making fun of him even though he has been right when everyone else was wrong.

[novawolverine]

People try to slight Peter by making his arguments out to be too simple and not technically sound but his understanding of the long-term big picture. The people who criticize Peter will say he didn't predict a deflationary period, but the long-term end game is most important & the people who say that have nothing substantive to say about the currency devaluation or our underproduction. This liquidity won't be sterilized and sopped up; the fundamentals of our economy and currency are screwed.

[nogdog21]

Peter Schiff is nonsense? how? by making perfect sense? by stating perfect facts? look if you wanna live in lala land, riding pretty rainbows and sucking on denial flavored lollipops go right ahead. When you come back to the real world you'll realize how horribly corrupt this government is and wonder how we lasted this long.

[fergus247]

Barack Obama is pro censorship.. nuff said

[NewChristianSoldiers]

I refuse to recognize Barack Hussein Obama as President of the United States of America because he is not a natural born citizen and therefore uneligible according to the U.S. Constitution. The U.S. Supreme Court refuses to even discuss the many lawsuits recently filed by Philip J. Berg, Alan Keyes and many others. The media refuses to discuss it. Just watch some of the videos on my page. If you agree that the U.S. Supreme court should hear the facts and make a ruling then "Friend Us";

[bagOprions]

he is a citizen, so you are a traitor; if the highest court throws out the case, then America has spoken; accept it, or get out, traitor

[drcloak]

Reminds me of how the current Pope never took his oath of coronation. Not to mention he is a former Hitler Youth.

Obama = NWO Puppet, nothing more.

[rtardbox]

DOW ABOVE 8900!!!

BUT NOW (2 days later) it's UNDER 8600!!!

the FED is full of crap and PETER KNOWS what he's talking about

[whitecollarcriminal]

Peter Schiff = Sheer nonsense.

[randyguitarman13]

HAHAHA!

[joneselius]

Throw ALL the numbers you want out. ALL OF THEM..

FUCKING EVERY FUCKING ONE.

You know what, sorry.

But if you understand ANYTHING. You understand that ALL of the market is a fraud.

Social security is a fraud, so is insurance.... You watch. It's all coming down now.....

[wcarlpdrysdale]

one can only hope

[joneselius]

Actually the WHOLE of Wall Street is going to go up in flames now.

You watch. 80 years of criminality compressed into 8 years, now it falls down.

[hyylo]

we need ron paul as president. peter schiff voted for ron paul.

[DumbItDownPlz]

I have a man crush on peter schiff, Keep telling them that they have their heads up there asses and that it is hard to see anything while you are looking at your prostate.

[enjerth]

7:10 Banks have 107% reserves? They have more in reserves than on deposit?

What exactly makes people think that they need more liquidity to spur lending? I'm with the guys saying that they need a higher interest rate. That's all we need.

[sgwarrenb]

existing borrowers can only afford low rate.. once raise, they all will die and stop spending...

raise also wrong, no raise also wrong.. out of tools already...

[enjerth]

They need to find what balance they can between lender's and borrower's best interests.

Right now, the greater squeeze is on lenders, so we need to raise the interest rate. Lower rates hurt lenders and they're the ones in the most pain right now.

[hummarstra]

Brian Wesbury. What a douche. If we had the footage you'd see that this twit was bullish during the entire market collaspe, REFUSING to believe we could EVER have a recession. Why is this pygmy still brought on the show??

[felicity5150]

The Fed is not the government. They are a corporation owned by private banks. Why do they always refer to the Fed as government intervention?

[hummarstra]

Well, when Schiff refers to the Fed's "government intervention" he means their manipulation of interest rates. Schiff knows well the odd duck that the Fed is, that its private.

[EMPIRE0FLIES]

Some banker just put a check in Angells pocket to say these things.

[AETonewaykilla]

CAN SOMEONE PLEASE TALK TO ME

hi anyone want to chat 80

[amagilly]

at 5:52, schiff says: "we're now officially a banana republic"

[jldrbjr]

Awesome!

[vociti]

I met with Euro Pacific Capital here in Scottsdale, AZ yesterday. I was told that they are betting the dollar will devalue at least 90% within the next 1 to 2 years. They have many reasons for their beliefs but I won't cover them because Peter discusses most of them through all his TV appearances. It's very difficult because you want to think there is still hope and you don't want to over react but all the facts speak an unwanted truth. And you don't want to 'not' react either. Very stressful.

[sniper6081]

It's amazing. No matter how right Peter Schiff is, he's always wrong and the people that were always wrong are right.

[kikkoman1231]

yeah right.

he points all that's wrong with the fiat system we have, where the fed writes checks on itself and lowers interest rates so the banks can lend left and right. you don't fight inflation with more inflation.

ask alan greenspan in 1966 about what he thought, and look at what we're doing today!

[sniper6081]

Uh...did you read my comment?

[stevecci]

welcome to the world of ZIRP and quantitative easing. next bubble to burst...US Treasuries.

[infopatriot]

Wow!!! We are some deep shit people. Protect your wealth now before it literally becomes worthless. We have a privately controlled central bank that is becoming lender, buyer, and debtor all in one shot. I thought the Federal Reserve was designed to keep this shit from happening. Thomas Jefferson was right, these guys are worse than fighting standing armies. The bankster gangsters are destroying our nation people. Wake up!

[jpfchi]

Thank god for Schiff...All these stock market cheerleaders on CNBC make me want to puke.

[lucienpignon]

America is finished... well deserved :)

[MooseOfReason]

Wesbury seems like he's coming around.

Peter needs to work on him a little more.

And Santelli kept cracking up. I don't know what's with that guy, hahaha.

[eekdog2005]

HYPERINFLATION 2009!

[nidan206]

why so many people!

[boodastanker]

" great why dont we just print prosperity and never work again lets tell the world our secret" god I LMAO

[goldtothemoon]

LOL! American media sucks

[wackassegyption]

LTMQ Yeah, "We're now official a banana republic"

Peters' great, sneaking in his wise peanut gallery comment.

[BlackNapkins86]

Man, Peter's ego has really exploded...I'm not so sure about his hyper-inflation thesis. I think outright default is just as likely..Both will have the same end result though..I guess it really is just arguing semantics. I love Peter, but..boy he's gotten cocky. At the same time he has lost clients a considerable amount of money, by holding equities during the past 4-5 months...

[chunstiger]

"We're now officially a banana republic" LMFAO !!!

[Jbr5042]

Peter is peter.

Other people aren't.

Whether this is all staged and rigged thats up for you to decide. Seems like a ploy to pay off our entitlement programs through inflation. Only problem,

people who saved their whole lives are gonna get wiped out

[louiethegreater]

You are right jbr, thats exactly what has happened. It's a carefull contrived plan to bankrupt the country, and offer us the N.A.U. (North American Union) as a solution.

[louiethegreater]

I can't see Peter as having some great revelation. Pat Buchanan predicted this 20 years ago. Whats new about the message, that if you import everything and manufacture nothing, our economy won't survive. Political Internationalim and the globalization of our economy is the problem.

[Wittmann73]

FED is a crook organization, Schiff is the only guy who knows about economy

[psxwarrior]

Wayne is a total idiot.

[wearechangeherts]

Thank god the fake controled corperate media allow Peter Schiff on still, the only ray of truth on the tube...

I advise you to listen to Peter with an open mind as unfortunalty he might be right...

[Civsuccess2]

Making the same mistake again and again. Same failed policy.

[cosmic088]

This host is incredible annoying.

[TruthAxe]

This Wayne Angell shows himself to be clueless about money & credit, perhaps a shill. Bob McTyre acts like another clueless one.

The big drop in prices year-over-year reflect starting from a huge credit + cash inflation peak.

Now dollars (cash) have become worth more than future dollars (credit).

Thus, the short-term drop in prices of things comes from fewer units of the currency offered to swap for things.

Still, prices are high relative to the average wage.

[nmbypmby34]

Why is it that ONLY! Peter tells us where we are going. Are we all to blame? I'm not even sure what to do next. I'm thinking and talking to dh about what other country we could live in.

[louiethegreater]

Peter is right, we must return to our manufacturing economy. To accomplish that we must add a tariff on imports, untill American Industry gets up an going again. Peter won't say that because he would never be invited back on another business show. His popularity would deminish.

[sssssup]

if peter preaches against government intervention, he probably wouldn't support protectionism.

[louiethegreater]

Where was Peter when all these outsourcing agreements were being passed. I believe he was preaching freemarket capitalism. Freemarket; meaning manufacture in .40/hr economy export it into a 20./hr economy. Common sense alone should dictate, that they destroy the very economy they want to export to. That has happened, and that is exactly the cause of our problem. Loss of income was supported by unreasonable credit, maintaning ones lifestyle by using credit.

[mashed107]

he absolutely doesn't.... he's an austrian economist ( mises . org for info ) and they are very much in favor of free trade. Instead of tarriffing imports which only hurts consumers, why not lower punishing corporate tax rates that are forcing companies to relocate outside the U.S.? 35% corporate tax rate is the -highest- by far for a Western country. It's absolutely crippling our economy and sending jobs overseas.

[batgirl791]

When I go to the grocery, prices are up, not down. I don't care what the cost of a tv is, when I can't afford food.

[julianhpike]

So true... what was 5 for $5 at the Jewel is now 4 for $5.55. I don't need a degree in economics to read the writing on the wall.

[cyalaterthan]

so much for the land of the free

[JoeyPencils]

the guys that are against Schiff are on the company's payroll...their views are immaterial

[cyalaterthan]

I'm going to grow a garden in the summer and raise chickens. bake to basics thank you federal reserve

[moofree]

Those who say "it can't happen here" don't understand how economics works.

"Yay free money! Money fight!!"

[marcosxag]

lol @ money fight ,,,funny

[garyowen4ever]

our entire consumer economy IS ONE GIANT PONZI SCHEME,,,think about it FUCKTARDS and dont fukin bother me you bedwetters!

[Paetaor]

The worst thing that the government can do is jump around like a jack-rabbit so the markets have no idea what to actually invest in.

The capital markets are going to be screwed up for a very long time.

Bernake, Paulson, Greenspan and Bush should share a jail cell.

[garyowen4ever]

mcteer and angell are senile.

[kkalayaan]

that little man looks and acts like a little evil munchkin....

[BenBERNANKEisGAY]

Why did the Great Kudlow invited the Liar and charlatan Peter Schiff ? ? ?

[wreagfe]

This is the bankruptcy of economic engineering.This is the act of the baby boom generation, that finally will destroy the economy.

The guy in the top middle and top right are just too gross to mention.The arrogance of posture!A mentality no better than a defeated dictator dragging his subject into his pit of oblivious cluelessness and paying for it.

People cannot be this clueless,there is a high possibility that the coming inflationary holocaust is conciously manufactured for the benefit of..

[JiveDadson]

What's the difference between the US and a banana republic? We don't have bananas.

[john5246]

Pretty soon we won't have a Republic either :(

[danbuck333]

but you do have monkeys, lol

[dumbtrucker321]

3 cheers for Mr. Schiff. the man has Ballls and intellect.

It is truely refreshing to have such a Truth speaker laying it out to the perma-bull shills.

coins friends, coins!!!!!!!

[SushiSyogun]

Quick!! Rates are low! Go take out a loan and spend spend spend!!

You! Have a coke!

[jjmdirector]

Dude do they really need a segment with 6 people so they can argue for 9mins there is no communication anymore

[USAFcrypto]

Holy crap! Peter owned Angell! "Sheer nonsense," he exclaimed as he was called out for the fraud he is! Keep on Keepin' on Peter! I hope I can hear the title "Senator" or perhaps even "President" before Peter's last name in my lifetime.

[roddiero]

Angell's only answer was to call it "sheer nonsense"...Peter is owning these losers left right and center. It's almost comical. We can get 5 alleged heavyweights on one side and peter on the other, and he beats the crap out of em in 30 seconds.

[elboertjie]

'It became a beautiful package' haha

'We are now officially a banana republic'. Great one!

[wangboren]

hmm feisty! who needs tv series anyway?

this is reality tv at its finest!!

[klined]

"That's just sheer nonsense"

They can never admit they are wrong

[MrMP81]

5:53

" We're now officially a Banana Republic "

- Peter Schiff

[hugolp]

That was amazing. It make me laught. Peter is the best.

[kimintexas]

Go Peter! Go Peter!

[bennygale]

The Federal Reserve is dropping money from helicopters.

[JP5466]

Thanks Phil. Schiff is the only one who tells the truth.

[Rizky06]

Liesman & The Flip Floppers must be on the Private Federal Reserves' Payroll!! Next up The Money Bubble!!!!!!!

[UDoHaveMyName]

I feel like my country is run by absolute fucking lunatics.

I'm only 2:13 into this video and I'm already furious. How much was this guy paid to "change his mind" on the overall picture of the Commodities?

I am completely speechless and furious. Fortunately for some reason I LOVE reading the REAL news on the internet. The majority of the population have no idea what is happening/going to happen.

You MUST own:

1. Physical Gold/Silver

2. Resource Stocks

3. Real Estate close to production jobs

[EdMan2012]

wow, how much is the fed paying those two guys to lie? Peter Schiff is the man! WAR schiff!

[rosewood223]

All my NUS prof are with the neo cons.

[gaggOLF]

Are the other ones being uploaded?

Thanks again for uploading these videos, they are really priceless. Thank you.

[PhilDeCarolis]

They sure are....

[davincij15]

This is not inflationary. Go long the dollar! lol

[JesseKantstopolis]

The dollar has intrinsic value not gold!

[davincij15]

That's right gold has perceived value while the dollar has real value. You go down to your bank take out a loan and they make more on the spot just for you.

No inflation of the money supply there just good modern monetary mechanics. The laws of gravity will also be repealed in 2009. Thus it will not be just pigs flying.

lol