Peter Schiff vs the Federal Reserve - LIVE! - Part 5 of 5

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Uploaded by on Jan 1, 2009

Peter Schiff speaks directly to Federal Reserve members on CNBC.

Among other unpleasant observations, Peter calls the U.S. a banana republic and mocks the Fed with 'the idea' of exporting prosperity via printing endless money (debt) to the rest of the world!

This should be a real thrill for those of us that want to see the money masters face that we know the truth about our multi-fractional reserve ponzi scheme banking system.

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  • Peter is right (as if you needed me to tell you that). we need lower home prices not lower mortgage rates. it works like this, "they" (whoever they are) want you (homebuyer) to pay a lot more for house twice its worth so you will be more in debt for a longer time. So if you bite their bait and buy a house tomorrow you will start paying your mortgage starting in a month. thus they start collecting interest immediately on the money they took from in the first place in the form of taxes or ....

  • they all know whats going on ,only one tells the truth.

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  • If Peter Schiff was on our currency I would be ashamed to spend it.

  • Go Peter, you were right indeed, last 2 dills were only that indeed, look foward 2 seeing the dow crash early 2012....by 9000 - 10000pts , give or take a 1000, hehe, will be the sell off of all time, closing down sale so to speak!! As Max would say....2 the gallows u banksters!

  • Peter is right , again!

  • Fed spent16T $.  Yes TRILLION, and lent it to their bank buddies here and around the world. For nonbelievers, check out table 6 on page 144 on the GAO's own document. sanders.senate.gov/imo/media/d­oc/GAO%20Fed%20Investigation.p­df

  • Isn't it kind of ironic to photoshop Peter Schiff's face on the dollar? lol

  • @farhadcoyote The problem today is it's not what you can afford but what you can afford monthly. No one today has an outlook of more than 1 or 2 quarters it's crazy.

  • but home prices are declining but there is still no relief....

  • I'd rather not even borrow money for school, let alone not buy an ipod, and do more with less in order to remain independent from owing someone else (whether an individual, a bank, or a country) than to lose my freedoms. I think a lot of US businesses are supporting the Democrats (Victocrats) because they want to buy time. If that wasn't the case they wouldn't be lettings so many people go. They're linin' their pockets, while Victocrats believe in new "change" is to aide lower class people.

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