Peter Schiff Full Speech at NYC End the Fed Rally 4/25/09 Part 3/4
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why does this video keep pausing randomly?
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"This [Federal Reserve Act] establishes the most gigantic trust on earth. When the President [Wilson} signs this bill, the invisible government of the monetary power will be legalized....the worst legislative crime of the ages is perpetrated by this banking and currency bill." — Charles A. Lindbergh, Sr. , 1913 "From now on, depressions will be scientifically created." — Congressman Charles A.
Lindbergh Sr. , 1913
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"We can't just keep borrowing money and buying stuff and pretending we have a real economy."
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It is all designed to destroy the middle class and rob the richest generation of a people in the history of the WORLD. This American generation needs to FEAR the powers that be. TPTB are afraid of us and they are determined to destroy us first.
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Truthteller.
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peter schiff likes depressions? probably because he is smart enough to benefit from a depression. so you should criticize a guy like peter schiff because he can profit during economic downturns?
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throw the fed down the well
so our country can be free
and well have a big party
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Have you heard of a book called Meltdown by Tom Woods?
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You either misunderstood my question or you just said that if there was a demand in the market for the goods provided by any of the bankrupting businesses, that another company would not step in to fulfill that potential need. Do you really believe that?
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It wasn't just the Fed.
It was all this stuff that was outside the Federal Reserve (monetary) System:
It was all those import economy dollars flowing back into mortgage securitizations and all the loose lending standards and easy, negative equity, negatively amortizing mortgages that created huge money velocity into mortgages.
schiff is the man.
Vig27 2 years ago 5
I think ur missing the point. Peter wants to replace the system that appears to be causing the depressions. And unfortunately for us to bring our economy back to health we need to let it purge itself of the malinvestments that keep it unhealthy and remove the system that enables and encourages the unhealthy consumption that occurs within it.
savedslave 2 years ago 2