Peter Schiff 6-13-06 criticizes government inflation numbers SquawkBox
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All Comments (26)
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@akaee thumbs up! LOL she probably regrets this interview. Now everyone in the news agrees with Peter Schiff!
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If you can watch this video in 2010 and not get it, then this if for the people that do. We have become the I can't nation. I cant save, I borrow just to get through next month. I cant Sew. let indonesians and kids from bangladesh do that. I cant think let the telivision do it. I cant engineer let Germany and India do that. I cant look after the general welfare or manufacture, China, Japan, and South america take my jobs And very soon, if we dont wake up. I cant breathe, take my life and liberty
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Schiff is an idiot. His description of the housing bubble is just plain wrong and misleading, which seems to be his usual tactic. His assertion about productivity is just laughable, as is his earlier statement about the US not having production capacity and Americans spending their money on imports because of it. That's simply bullshit, and provably so.
According to him inflation rates mean nothing, CPI means nothing, everything means nothing, because he says so. What a pompous idiot.
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Man...gold was only $568.00 the day this was taped. I wish I would've bought some gold 5-10 years ago.
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Talking about productivity increases - 6:40 - hell yeah, she knows what she's talking about...
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AMericans believe in their goverment too MUCH ...
and I have never seen people in the world who are afraid of their goverment . Except people in USA and CCCP during Stalin's rule ... CCCP collapsed so USA population is afraid of their goverment.
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"That's not my definition, that's Webster's definition" lol
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Peter Schiff just schooled that bitch. He was right all along and people should be listening to him, not arguing with him..
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I hope she lost her job.
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Diane tries to sound really intelligent, but she is an imbecile.
I so hate this stupid, arrogant bitch. Arrogance and stupidity combined are just so unlikable.
mandatum 2 years ago 14
"have you been in an autoplant recently? I'm from Detroit"
LOL
akaee 2 years ago 12