Peter Schiff vs the Federal Reserve - LIVE! - Part 3 of 5

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.

Category:

News & Politics

Tags:

• Peter
• Schiff
• Federal
• Reserve
• bailout
• depression
• crash
• recession
• fiat
• system
• europac
• collapse
• market

[08MVPyouKnowWho]

Other guy: "I live in dollars"

Schiff's response: "Ha, not for long"

lol love that

[RocinanteSWS]

All I see is a bunch of fed apologists protecting their fraudulent monetary system, and Schiff calling them out on it.

[westy44cal]

sep 2011. dow at 10950 gold at 1850ish 10950/1850=5.9 gold/dow ratio. All things STILL pointing to higher gold and lower dow. Especially with Obama wanting another 450billion and especially with how bad Europe has gotten since this interview. Result. Peter right again.

[jismjacket]

LOL @ 2:14

Peter Schiff - "It's all gonna be for food and energy tho"

Peter Schiff is right everytime. He's bang on....It's March 2011 and food prices and energy prices are soaring right now

[Aphrodit3]

our only hope is to get rid of the federal reserve who are like maggots in the stew of the government hoarding all the wealth and forcing the rest of us into poverty they want rid of the middle class they are ruthless scum!

[smasila]

Gold now is 8 ounces of GOLD!

Way to go Peter!!!!

[christo930]

This imbecile swears up and down that the nov lows were the low and that was it! With the benefit of hindsight, we see Peter was right, the market bottomed in March the dollar is falling like a tank and is trading below 78. Given Peter's past predictions, I fear greatly for the future.

[elwind45]

Gartman is a complete hack. Be careful when he runs his stick!

[ctrader09]

meant to say: like cars OR gold, although when people see what is happening maybe they will buy cars of gold! lol

[ctrader09]

i think the reason why peter schiff prices the dow in terms of gold and not in terms of dollars is because Gold has Intrinsic value, which means it is worth something in and of itself, whereas the dollar is not, it is just a "middle man" for exchange between things that are worth something, like cars of gold. you have to remember that gold was the first method of trade after barter, so I think it will always be worth something