Peter Schiff vs the Federal Reserve - LIVE! - Part 2 of 5
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Peter is so awesome!
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8:35 - PETER OWNED HIS ASS. HE TOOK HIS ASS & HANDED IT TO HIM.
"And then the ship sinks."
That was so nasty THE HOST said we might have to end on that note.
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@SSVindictive That's how Keynsians are, they have the majority in the mainstream, and there so sure of themselves, but they always miss the problem by leaps & bounds because there own policy's are causing them.
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Looking at this video now, 2 years one, Peter is all right and those Fed guys are ALL WRONG!
Fed still has a massive, massive balance sheet still
Interest rate is still kept historically low
Commodity prices when through the next year
House prices still remain depressed
Cmon, I'm not even american! Why can't your countrymen watch more videos like this instead of Justin Bieber or Girls shaking their booty in music videos -___-"
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@atelang7 "The rest are just absolute jokes!"
Santelli is good too!
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"It's like blaming your fever on the thermometer." Looooooooool
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almost 3 years ago and they still have no intrest rates and announced no intrestrates until 2013. Peter is humiliating these monkeys.
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They borrowed money from federal reserve and bough asset <--- how is that not printing money? Govt can't just go and borrow from fed reserve, a bond is created and fed reserves buys the bond and the govt gets the printed dollars. In fact, the only job of fed reserve is to print money!
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Of course the FED can create money on a keyboard and lend to the gov. But what will that do to your purchasing power? They already created 16Trillion, yes TRILLION, and lent it to their bank buddies here and around the world. For nonbelievers, check out table 6 on page 144 on the GAO's own document. sanders.senate.gov/imo/media/d
oc/GAO%20Fed%20Investigation.p df -
I wish Woodrow Wilson were still alive so somebody could slap the crap out of that idiot!
how do these jokes get on TV ? Peter is untouchable ! The rest are just absolute jokes!
"You don't get inflation by printing money. You have to spend it first" - what a joke and a half - Keynesians should be deported back to england. Let the BoE deal with them...
atelang7 3 years ago 23
Warning!
Extreme ownage at 6:04 - 6:28
utubesucks2003 3 years ago 22