12/22/2009 Peter Schiff On Fast Money: Hyperinflation In 2010?

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[TheLiberalssuckdick]

The morons laughing in the end will be included on the Peter Schiff Was Right 3rd edition.

[RIPPED7399]

i love how pete basically pulled the pants down of everyone of these talking head ass clowns and makes them look like fools.. the only thing they know about economics is whats written on the cue cards by some college intern

[codediporpal]

How does this guy get ANY air times on TV?

[AndroidPolitician]

@TheLiberalssuckdick

How about that hyperinflation in 2010?

[goldenthroat86]

@TheLiberalssuckdick No hyperinflation in 2010 or 2011. Peter Schiff is wrong...again!

[8080256256]

There is really no need for argument, shouting or insults here. Let the reality be the judge. You people bet your money on expected hyperinflation and I'll invest it in a way which is consistent with an expected annual inflation somewhere in the Japanese-style 1-2% range for the following 3-4 years. The one to come up ahead at the end will be the one closer to the objective truth.

[AndroidPolitician]

@doublek321

He's said in other videos it will literally happen in 2011.

[doublek321]

@AndroidPolitician Where in this video did Schiff say that hyperinflation was going to hit in 2010? At the 2:54 mark, he's asked "you truly believe that hyperinflation is coming in 2010?" Schiff responds "Well, it's not going to hit in 2010. It's going to hit eventually if we don't change policies. There's still time to do the right thing".

[AndroidPolitician]

Hey guys, how's that 2010 hyperinflation going for ya?

[gus196666]

i give up im leaving bye bye good luck

[Myndir]

@Vidar1979 Fiscal policy can't do much more, given US debt and the Fed problem. But the Fed could do a lot more to get the US economy into a serious recovery. Removing IOR, having QE and generally getting monetary policy loose again should do the trick. That's what caused the 1983-1984 recovery, when the tight monetary policies of 1979-1982 ended.

[Vidar1979]

@Myndir Most of that was QE. So fiscally there is much moe that should have been done. Have heart...we are doing much less. So the Tea-Party Austrain hawks will have ther day. LET THEM EAT CAKE.