Re: Peter Schiff Says Some Very Odd Things
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All Comments (33)
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Credit destruction dwarfs money printing. Hyperinflation is impossible anytime soon.
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motion is accepted. dsglop, aka gloppy joe, is a twit.
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do you listen to schiff at all? the fed is not printing money to pay down debt. they are creating money to bail out finacial institutions world over. they are a private bank printing OUR money to serve THEIR purposes. this is about to become a huge deal because a bill that audits the fed has just been passed.
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thats cute. however you did get it right. The value of gold is constant. The pricing of gold in usd depends on the amount you print.
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Are you on too much flouride? You stutter can can't think straight.
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So he's saying I couldn't have taken that coin and put it on Ebay and had over $1000 in a few days? Bummer.
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no they are not...atleast not in the same way that real estate or stocks are. a house is something to live in or rent out, stocks are speculation on a company and/or a dividend investment. gold yen dollars etc are different they are used as a way to transfer your labor to others labor. if your gonna say that gold and/or currency is an asset class than your definition of an asset class has to be everything, which in someways is tru but lets atleast distinguish a little between money and assets
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I fell asleep, did I miss something?
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gold, yen and euros are an asset class.
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they have to create money, so they have money to spend. its called counterfeiting
Ha Ha your new arnt you, replying to dsglop is pointless.
dsglop is either a troll or a moron.
Check out some of his other drivel.
erushbass 2 years ago 8
dsglop.. you are way off on almost everything you say. whats even more amazing is that you prove yourself wrong in almost every explaination you give and you are too far out there to even notice it. your views are so off it truly is amazing because in order for you to come to these false conclusion you have to have so many other things wrong to arrive at them. I wouldnt even know where to start with you. you have such a screwed up basic knowledge that you simply cannot understand certain logic.
slickbtk 2 years ago 7