7/30/2008- Part 3 Ron Paul Advisor Peter Schiff On Bulls & Bears
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Toby should be broke by now buying citi group at $18!! LOL!!
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its inflation. interest rates 15%. oil $500 a barrel (100 euro). us house prices - 40%-%60. uk house prices -20-40%. etc the us economy is screwed.
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Government regulation vs. market correction is a serious factor. If government regulates with low interest rates and bailouts and of mal/over-invested markets, and gets bigger, it could be inflation. Government needs banks and big business in order to spend without heavy taxes by monetizing its debt, buying securities. If there is true market correction, prices fall and mal-investment and surplus inventories are liquidated and unemployment ensues, then its deflation. But correction is needed.
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389293912, I have been pondering the deflation/inflation dilemma myself this morning. Please let me know if you find anything more concrete on this issue. Peter is a great investor. His philisophy is there is a Bull Market somewhere.
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Peter Schiff has been right all along, but that doesn't mean he's going to be right in the future. I need him to detail his idea of what's going to happen in the next 2 years, not just "it's all going to collapse" but details of interest rates, oil prices, home prices etc. We currently have a huge debate raging whether the coming collapse will be deflation, or inflation. It's very, very important to know which one it will be. There are very valid arguments on both sides.
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Yes he is. He all giggly and things because if you notice when he talking he looks at himself on one of the studio monitors and acts according to his smugness for being on it. A bad ham. To give him advice; Jonas concentrate on what you are saying and not how you look when saying it.
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Is Jonas a shill?
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you guys need to embrace all the other people on the show. If it weren't for them, we wouldn't know exactly what not to invest in. If it was just Peter, it wouldn't be a good show.
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Well sorry to say, I have to get Tobin some credit here. He actually said something that I agree with.
To Peter: "You're the World's greatest Economist."
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I was being sarcastic, I guess it didn't translate very well here. Schiff is like Einstein going up against 4-year olds on these msm appearances.
if not for schiff this would be completely unbearable to watch.
ronpaulrevolution 3 years ago 9
toby is an idiot!
70road 3 years ago 8