5/28/2009 Peter Schiff On The Glenn Beck Show: Economic Apocalypse

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Category:

News & Politics

Tags:

• Peter
• Schiff
• Ron
• Paul
• Hyperinflation
• Gold
• Marc
• Faber
• Jim
• Rogers

[Nexus974]

We are SOOOOO screwed!!!

[PwndByTheFed]

The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.

John Maynard Keynes

and it's the keynsians that are calling for the debauchment of our currency. curious.

[ralliart2000]

@stuntpea Now going to 20% - Just to keep the Americans here updated. Has to be done unfortunately, thanks to massive government spending.

[gone556]

Revolution time

[karhu1913]

Oh no! Now he is trying to taint Faber!

[karhu1913]

I believe Glenn Beck is hired for this job just to make the opposition to new admin look stupid, he is there to discredit the opposition. Therefore i believe than he and fox news really work for the establishment, now Obama admin, just like they worked for Bush admin. War is Peace.

[managarm1349]

we´re tweeting, yes seriously we are....sign up to get all the "tweets" hahahahaha hilarious

[MrNeo2001]

Someone needs to explain to that wet brain Glenn Beck that he is the main stream media!!! I'm sick of hearing FOX news complain about main stream media!!!!!

[Deltaego]

Lol, Glenn Beck is such a moron and a drama queen.

[stuntpea]

We have VAT(value added tax) here in UK. It is bloody annoying. It's been reduced to 15% from 17.5% to try and stimulate the economy. Hasn't worked of course.

If you need work done, say on your car, it's a good idea to ask when no ones listening, "How much will you do the work for cash?"

Also for some reason in UK you have to pay VAT on silver bullion but not on gold bullion.

[Jfkennedy62]

WASHINGTON (AP) — The Obama administration says it is committed to overhauling the country's financial rule book by giving the Federal Reserve increased powers to guard against the types of risks that could bring down the entire system.

[jarden69]

I'm starting to wonder if our definitive prognosis of the economy (e.g.-that the system is collapsing and a depression is on the way) is as reckless and foolish as the other side saying that "green shoots" are appearing, and everything is going to be fine. I mean, come on, do any of us REALLY KNOW what the future holds? None of us has a crystal ball, and there is NO WAY we can KNOW exactly what is going to play out in the future. At best, isn't what we are putting forth just an "Educated GUESS"?