1/25/2008- Ron Paul Supporter Peter Schiff On PBS
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All Comments (9)
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Atenas is fantastic and the opportunities provided by the Caldera really are impressive.
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What the pro inflation guy was saying is that people who have invested in assets will be disappointed if there isn't more illusory gains through inflation. Hell, why not just triple or quadruple the money supply and turn them all into lottery winners!
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government-only funds, non-government funds or tax-free funds and why? thanks
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If you have individual stocks, roll them over into a foreign market, away from the US dollar. If you have a 401K that doesn't hold foreign funds, put the whole deal in the Money Market fund. Preserving capital is what you goal should be, or buy as much gold and silver as you feel comfortable with.
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I wonder if the dollar will hold this level with another 50 basis point cut right on top of the last one of 75. Import prices rose last year 11.7% and mostly in the last half. After inventories are depleted we'll see prices rise that'll make that $600 dollar check worth less.
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idea: lets just get rid of the fed. then we wont have to worry about the interest rate at all!
wow, good talking, Ron Paul!
I've noticed on all the media channels that at the same time they are talking about the problem, they are telling you that everything is fine. It's sad. The average American just going day to day and pasuing to watch or read the news will not know to protect themselves from the economic changes.
travisalger 4 years ago 9
Schiff is a smart guy. He is the only person I have seen on TV seriously addressing the dangers of inflation.
NeonKnight88 4 years ago 9