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Peter Schiff: The Crisis Starts Now!

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Uploaded by on Mar 15, 2010

Peter Schiff reveals the phony American economy, warnings of hyperinflation, the fallacy behind stimulus plans and advises saving and production versus borrowing and consumption.

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  • another old video.

    Please post only new videos, or I will unsubscribe,

    Thanx.

  • old.

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All Comments (14)

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  • @RoySC1 congress no longer has that power, they signed it over to the federal reserve (private bank) after the depression.

  • Please people, for all of our kids sakes, take a few minutes to also review "Income taxes are Illegal! The IRS & FED Are Criminal Organizations!" Video, and finally, call your congressman & start doing something about this ONCE AND FOR ALL ! Note. I tried to post the link and was blocked by the YouTube system !, think about this for one second ! unbelievable ! ! !

  • Government borrowing and "economic stimulus" is built into the Constitution. See Article I, Section 8, second clause. Congress has "power to borrow money on the credit of the United States". This is the root cause of the peoples problems. This power of Congress needs to be abolished by an amendment, or revolution.

  • @lisajason111 LOL!

  • When was the video taken?

  • oldie but super goodie

  • this video was shot during the 1930s depression, maybe not as much value for us.

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