4/24/09 Peter Schiff on Our Economic Future (Lew Rockwell Show)
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Uploader Comments (minnesotachris)
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The govt. could do some things to help the economy:
A: End the Empire and the wars...bring all the troops home...save $1trillion.
B: End the war against drugs...save hundreds of billions more.
C: End the Fed and start printing its own money.
2 years ago 6
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The government creates nothing. It is force and a consuming fire rather than reason and cooperation. That's why it's proper role is limited to dealing with criminals. Government will just siphon resources from the productive economy.
You can not spend your way to prosperity. Prosperity and economic growth is the result of investment. Investment comes from savings and savings come from DEFERRED spending/consumption. This way will not produce overnight magic. But it is the only way.
2 years ago 3
All Comments (9)
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Peter Schiff makes so much sense. Lets hope those in power in Washington pay attention and follow his advise. Don't bet on it though.
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Don't meet with those thugs, Peter. SHRUG them. Don't empower the current admin: they WON'T give you credit for any good you do, and what makes you think they won't keep blaming freedom & capitalism for the sinking of America & the World??? DON'T do it!!!!!
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Your the man Peter! Keep the truth coming.
2 years ago 2
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The question you've goto to ask, if money has no value then what have the banks lost? NOTHING...ITS A SCAM. Research the 70year Bankruptcy scam.....There bankrupting the Commonwealth empire so they can tax it for another 70 years....This year the BANKRUPTCY was forgiven...70 YEAR BANKRUPTCY...last one 1939...WW2...CHECK IT YOURSELF.
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maybe back in us- but in other parts of the world the day is bright and going strong already
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it's only been 4/24 for 48 min. wtf?
cwhite54 2 years ago
The podcast was released on Lew Rockwell's site at 12:00 est, and I YouTubed it shortly thereafter.
minnesotachris 2 years ago