Ron Paul advisor Peter Schiff's economic forecast

The financial guru Peter Schiff, who has endorsed Republican U.S. Senate candidate Dr. Murray Sabrin, speaks here at a Sabrin fundraiser featuring Ron Paul in Newark, NJ on April 28, 2008

Category:

News & Politics

Tags:

• ron
• paul
• peter
• schiff
• federal
• reserve
• gold
• standard
• finance
• hard
• money
• commodities
• assets
• free
• trade

[sinitskyd]

very tough times are coming to this country. Hopefully there will be no wars or American Hitler out of all of this.

[cajunsatan]

Sure he has solutions. Did you watch the video? Restoring sound money. Cut govt. spending. American's getting out of debt and securing their own future. Restore the free markets. Get out of American Dollar investments. Raise the interest rates to stop inflation.

I am not saying anybody will listen, but everything he is proposing is exactly right. And the only road to get past this is a recession. Economics 101 man.

[SuperperformanceStok]

PETER SCHIFF 2012!

[fahimh]

saving money DOES help the economy retard.

saving money encourages production. that's why we have trade deficits, we don't produce anything because we SPEND all the money on consumption--the opposite of production. America is a consumer nation! we don't make anything worthy of purchase!!!! that is not a good economic place to be!!!!

[Joshforeclosureblank]

Schiff is bright. He gets it.

[char777778]

so true

[2fresh4dell]

some of this is preposterous! He CLAIMED that people saving their money helps to boost an economy and, nobody had the balls to challenge him on that trash!

This guys brand of economics is very dangerous because, it requires one to wait and, hope a "private investor" comes and, saves the day! Saving money does NOT boost the economy of a country! Spending on private businesses boosts and economy!

Shame on you peter for your shady economics!

[Jakearoo14]

Obviously you did not watch this video.

[sungmee45]

We as american have consume too much and haven't learn to save. It will get worst! Elite groups who owns the federal reserve, they are the one creating this mass problems in our lives, just because they want more power. Everyone need to awaken!

[rambo753]

the question is...

when the US will collapse... will they drag the others into another war or will they implode in a social chaos?

I am sorry for the american people. everyone abroad knows that the responsible for the coming mess are the puppeteers, the tiny oligarchies which rule that country

[Tasadaru]

well done on the explanation. funny how people just want to know the solutions and ignore how we got here in the first place.

[OutlawTomFantastic]

"We're going to attack the symptoms and not the disease." The disease is the Federal Reserve and the government.