9/17/2008-Prt 1 Ron Paul Advisor Peter Schiff On Bulls&Bears
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All Comments (24)
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m i want some sexy subscribers! 2
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Why does it seem like all these folks are simply ignoring Peter Schiff. It looks like they all are together. Except Peter. He is the only one who is operating out of the box.
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Can't wait until they raise the interest rate to 20%. 5 Trillion (External Debt) X .2 = 1 Trillion. That's only $3300 more for everyone per year in just interest payments.
In the 70s Americans owned all of the US debt so the Americans cashed the cheques.
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These guys on FOX are a joke. Peter needs to stay away from them.
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"some of it, c'moon!!"- peter schiff
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True capitalism ended when world Govts allowed fractional reserve banking. Without it central banking and our banking system couldn't exist. Govt, the Fed and banks create money by accepting debt as money (securities paid for by taxpayers). FRB further inflates the money supply by the multiplier effect. Loans made to the public are then packaged into securities for wealthy hedge funds. If you get rid of FRB and fiat currency, bankers' power would shift to the public and the free market.
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It's nice how the interviewers interrupt all the time. I am glad we are all talking about the Federal Reserve, it's the monster that has created all of this. The U.S. taxpayer is footing the bill for all of this. I've written letter after letter to my representatives about the Federal Reserve and they REFUSE to respond to me. they are corrupt in perpetuating this unconstitutional system. True capitalism ended in 1913.
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:)
Freedom brings people together - Ron Paul
SOCIALISM is what CAUSED this.
sbmillionair 3 years ago 10
Peter Schiff always tell the truth but people just hate to listen cause they are afraid of the truth. Keep telling the truth peter!
ru40342 3 years ago 8