Peter Schiff 3/19/09 - CNBC The Call

"The Fed's 1.2 Trillion gamble." In this video Peter talks about the Fed printing money out of thin air. Bill Seidman agrees with Peter about inflation. Steve Liesman disagrees and says that the Fed has to deal with the deflationary period America is in. Then Steve and Peter go head to head with each other.

Category:

News & Politics

Tags:

• Peter
• Schiff
• Videos
• March
• 2009
• bond
• bubble
• fed
• steve
• liesman
• bill
• seidman

[zorbacci]

Steve, how much bailout money did they pay you to defend the crooks?

[tickhound]

Fake... Steve Leisman's an actor, nobody's this stupid.

[EnnesX]

@AntiSchiff And the ultimate proof of your complete retardation is that you go around claiming intellectual victory over Schiff while gold is where it is at. Instead of spewing your ignorance everywhere, you should be euphoric at your opportunity to short gold aggressively and load up on US bonds. Even by the fed's own asinine measures of inflation, conveniently excluding everything weighing down the typical american family, inflation is now too high for a unanimous Fed decision 2 further ease

[EnnesX]

@AntiSchiff Shut up, put your money where your mouth is, and go buy some treasuries or something, dumbass.

[AntiSchiff]

Where's the inflation, you stupid Schiff teabaggers?

[AntiSchiff]

@malakai0

Where's the inflation, stupid?

[ftwbk]

bill seidman is prob the only cnbc commentator who has a clue...no wonder we dont see him anymore. steve leisman is a fed reserve puppet who just wants to be liked by the establishment. he had to resort to personal attacks b/c that's what one does when they can't argue the facts.

[rmccay88]

You can tell Steve is jealous of Peter's past calls when he said sarcastically "I am sorry Peter, I lack the foresight you do."

That's for damn sure since you are always wrong Liesman.

[bobby4500]

peter owned that fag for sure

"we are not japan"

[BurnOutXL]

I still remember it like it was yesterday ... "Steve, you're still so CLUELESS."

Leisman's been wrong for years on CNBC, he'd be f'in worthless if his advice wasn't so dangerous to investors. The other great vid is, I think Steve, telling Schiff he was wrong about gold cuz it fell, too. Until Peter explained to him that gold was down 25% while S&P was down almost 50%. OOPS, Schiff owns this guy. Bill Seidman should've managed the banks cleanup. RIP.

[cayman187]

white noise

[Zeldovich]

Schiff doesn't even know the difference between inflation with sub-trend NGDP and inflation at or above trend. LMAO

So, how can you get a big macro bubble,when disinflation, if not outright deflation, is projected out for years by the market? That's just stupid.

Low interest rates in a recession and at trend are two different things.