Peter Schiff called “Extremist” by Time Magazine
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exactly even though peter shift was right, they dont want to hear that the government is doing bad, or that the american empire is going to collapse, cause the media doesnt want that drama, they want to hear about celebrity feuds, but doom and gloom and talking crap about the US hahaha thats a no go!
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good interview, completely misleading title
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We should have low taxes and floating interest rates.
Right now people aren't putting money in the bank because of artificial low rates.
And this is supposed to help business. lol.
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I don't understand how at even the most basic level, the average investor can't see the impact that excessive debt has on the markets. Thoe who fail to learn from history (any history) are doomed to repeat it. Words to live by.
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Things are looking better because the fed is increasing the money supply at around a 10% rate (M2,MZM), which is unprecedented in recent history. M3 is running at 16%. The Fed since june till march 2010 will buy 1.75 trillion assets. Thats the "recovery", inflation gets to high levels or foreigners pressure the US to strengthen the dollar then we will have another recession. Pobably a couple of years down the road.
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it is a tactic to get people's attention :)
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"Extremism in defense of Liberty is no vice."
-Barry Goldwater
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Peter Schiff has been upright and transparent in his public dealings.
Then in 1-2 years time, we see his predictions come true.
People are being starved of truth.
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the vid title is misleading, the journalist used a reasonable caveat before calling him "extremist" - said it's for media standards.
kajet1 2 years ago 5
As a true Bull, I'm pretty impressed with his predications, as well as how he held his ground.
Some of the vids show the Dow chart, as he's making his predictions. (on other videos) That makes him pretty compelling when you see the Dow at 12,000 or so, then you see him talking about problems ahead...you have to say "wow."
I'll be happy to see Perter Schiff say things are looking better, as I've come to respect his views.
jnibori 2 years ago 2