Gold, the dollar, China, trade-deficit, savings

excuse the late upload, technical problems with hotel connection. PS The town I am in is Krynica -- I am sure I pronounced it wrong.

...also check me out on http://www.facebook.com/PeterSchiff and http://twitter.com/PeterSchiff

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[MushroomCloud666]

Presidents don't make decisions, they just sign the papers.

It doesn't matter who the president is as long as Federal reserve controls everything.

[electroplate]

jrubin22, it's been beat into the ground already why it's virtually impossible to win as an independent candidate. Yes, there are lunatics in the Republicans as well as in the Democrats. However, just because Schiff runs as a Republican doesn't mean that he is promoting Rush Limbaugh. Take Ron Paul as an example. He's about as far as Limbaugh as one could imagine. Here's the strategy: we gradually take over the Republican party until it's transformed into the party of Liberty.

[godofstock]

BS peter.. 2 years now and the dollar hasn't collapse...

hahahahahaha..

[mghostproductions]

The 50¢ dollar

[randomdude5640]

We have no control of our own country anymore.

Wealthy people are gonna run this country into the ground the way that they did Mike Tyson.

[soups347]

It’s the Over-valued U.S. Dollar, Stupid!!!

Small businesses don’t benefit from overvalued to the degree of the Wal-Marts of the world, but the loss of U.S. Jobs and resulting shrinking markets hurt small businesses more. An Inflation-Neutral Balanced Trade System (BTS), inspired by Warren Buffett’s 2003 Import Certificate Plan is introduced at the top of page 4 of the Pdf, which is available at:

democrats.waysandmeans.house.g­ov/media/pdf/111/2010Sept15_Ca­mpbell_Submission.pdf

[MrSupernova111]

This guy has gotten many things wrong like the supposed collapse of the dollar, hyperinflation, etc...

He is a soomsday advocator and his only interest is himself and getting his face in the media. That's why he lost the election for senator. The dollar will not collapse anytime soon and we nearly ended with deflation as opposed to hyperinflation.

I would bet gold will come down soon to make him wrong in one more prediction.

[de225222]

@Tyler7692 To fully understand what is going on, (the entire picture) you people have to watch " THE KHAZARIAN CONSPIRACY "

right here on youtube... It is possibly the most powerful documentary you will ever see and more informative than anything out there...

Awake others after you watch it !!!

[TheBighairyfart]

self sufficency or we could just lower people's living standards and pay to below chinese levels hmmm? i think self suficiency and fuck big trade profits for a minority oif our population

[kaziqbal]

WHOA I can't believe you met Edmund Phelps!!!

He said something profound on the recent crisis that has stuck with me: "Unfortunately, there is still no wide understanding among the public of the benefits that can fairly be credited to capitalism and why these benefits have costs. This has left capitalism vulnerable to opponents and to ignorance within the system. "

[hoodoo961]

Crowding out is not a real problem in a recession. The argument is made that when the government borrows capital, it merely deprives capital from other private industries, with no net addition to employment. But this argument can be extended beyond government, leading to the argument that any investment will have no net impact on unemployment because it only diverts capital from other uses, leading to the absurd conclusion that unemployment is the result of too little capital to being with.