Peter Schiff : Economy is phony, Dollar would collapse if not for BRIC countries interventions

This is MUCH longer than Schiff's gig with Jon Stewart !Here US economic commentator and stockbroker, Peter Schiff , shares his views about recent developments in the world economy. Schiff calls the US economy "phony" ,monetary and fiscal policies "failed".../ Watch this interview in full to get the full spectrum of Schiff's views and ideas

Category:

News & Politics

Tags:

• Peter
• Schiff
• Obama
• Geithner
• Summers
• Bernanke
• Krugman
• US
• dollar
• BRIC
• phony
• economy
• crisis
• credit
• rating
• investment
• treasury
• bills
• gold
• coast
• senate
• run

[mule1969]

Peter Schiff in 2010...Ron Paul in 2012...I pray.

[TheVampirella]

Peter Schiff rocks! I hope he runs for Senate.

[ANTIDALLARD]

@UponInfinity Really ? Where ? Prices have never been so low. I'm old enough to remember when it was a stretch to by consumables. Clothes were not easily bought on a whim, even in the discount stores. You couldnt just buy power tools for $10, and dvd players for $40. I agree that the dollar is in a terminal devaluation, Yeah groceries are up about 1% on average, but Wiemar inflation is stretching things a little.

[UponInfinity]

@ANTIDALLARD You're living it right now, brother.

[skyskry]

There is so much injustice in the world caused by fools. Commonsense has fled from our societies. Political correctness has stolen our free speech. Western waste condemns millions of third world people to suffering and the needless deaths of helpless children and others. Religious vilification laws now take us back to the dark ages. How have we come to throw out good sense, free speech and reason for waffle, doubletalk and foolishness? History will truly condemn us as we condemn the suffering.

[ANTIDALLARD]

You aint never gonna see a Wiemar German / Zimbabwe , hyper inflation in America. Just unthinkable.

[OurLordLennon]

WE ARE FREEEEE HUMANITY, WE MUST BAND TOGETHER ! AGAINST THE ROBBER BARONS, CORPORATE ELITE!

THE MURDEROUS ELITE & THEIR TRAITOROUS POLITICIAN FOOLS ARE COMING DOWN ! PUBLIC LYNCHING, TAR, & FEATHERS COMES TO MIND !

TEACH EM A LESSON GUILTY OF MULTIPLE MURDERS ON 9/11, 7/7 & MORE WORLDWIDE, THEY WONT DO IT AGAIN OR ITS TO THE GALLLLLOWS! NOTHING BUT VIPERS, THIEVES, & MURDERS ! VIVA LA REVOLUTION !

[hibeeApostle]

there is no audio on this video can't you get this sorted please?

[trysum1841]

the whole PAPER money structured, monetary WaLL STREET shit is ALL A FALSE SYSTEM it is a one big e-CON -omy and lie after lie, paper money is as fake as monopoly money paper is. Competition is MORALLY offensive,, this fake paper game is nearly OVER,, FINISHED!! GOOD RIDDANCE TO CORRUPT MONEY WHORE PIGMEN, JUST TOO BAD THEY DESTROYED A PLANET FOR A FALSE SYSTEM.. WAKE UP, TURN ON , TUNE IN, DROP OUT,, WAY OUT.. WE ARE A FAKE SPECIES, AN ANOMALY OF PAPER LOVING WHORES!! S.O.S!!!

[stephenrhaylock]

All the people that lost Everything!! All there pension and retirement money..Your right the Govt blessed these agencies and they backed these loans. Salie Mae...artificially inflating prices..Countrys Artificially prop up dollar simply to export there products here.The economy is phoney and its going to fell, i agree.

[curthor]

7:08 "We need to have an economy based on free-market principles, and we need to respect the rule of law"--idiot contradicts himself, over-regulation led to this crisis, right, thats why as soon as bush deregulated banking brokers everywhere raped the pockets of consumers. Look it up, don't listen to this retard. Banks(hold the money) lent that money to consumers(borrowers) who couldn't repay, because brokers(jackasses) wanted a 10k/month commission. I know i was one of them. lol j/k