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Ron Paul economic advisor Peter Schiff uses analogies to describe our current economic crisis. Topics include debt-financed consumption, business cycles, the Federal Reserve, the cronies in Washington, and the modern American service economy. Peter is a follower of the Austrian School of economics, to learn more please visit http://www.mises.org Ron Paul's Campaign for Liberty http://www.campaignforliberty.com
Category: NewsTags: Ron Paul Bernanke Paulson Fed Federal Reserve analogy 2006 Economy Housing Bubble Mortgage Bankers was right Bush crash proof inflation hyperinflation gold
11/21/2008 Part 1/3 Peter Schiff: Markets Reacting To Nomination Of Tim Geithner?
Peter Schiff on the Economy A Collection of Peter Schiff Analogies and Euphemisms
when I heard the 6:29 comment I did cry for a moment. What a scream!
LOOOL, i laughed so hard. In a recent speech to conneticut votes, he made another fun analogy: "We're in this hole and we,ve gotta dig our way out, but the gouvernment is standing on all the shovels"
I like Schiffs analogies a lot.
Schiff they did have weapons of mass destruction talk to some Marines who guarded some of their depot sites that the "intel community" tried to cover up by not reporting finding it. Typical leftist propaganda.
Bernanke will continue the direct sales of T-bills by the Treasury to the Fed. Bond trader's would scream foul play. Foreigners as well as Americans would start dumping the dollar, and buy anything they can lay their hands on. This is variously known as flight into real goods, I purposely avoid using the term hyperinflation as it connotes with the Quantity Theory of Money, which is not really a theory. It is a linear model trying to explain non-linear phenomena.
Peter Schiff is fantastic. At least he is honest, knows the facts, and can talk about it in a way that makes me laugh and doesn't completely depress me.
Peter Schiff, with all his analogies, was correct. Not only was our bubble economy headed for a crash, but it crashed and the way we have gone about fixing the problem will lead to another crash. Hopefully next time, Americans will demand that the government ends the bailouts and supports the idea of rebuilding an economy that is based on tangible wealth, not irresponsible greed.
Watch my video. It will blow your mind away!
only if schiff could add in a sexual innuendo in that, I'd cry from laughter.
Castaways and a fat American analogy - so true...
Yes. The Pope is more successful than you are also.
LMAO. You're equating success with intelligence? It's not hard to be successful when all you do is pander to the dimwits of the world. Do you consider the Pope successful too?
He is much more successful than you are, Dork. What time is YOU show on? I'll make sure I tune in.
Glen Beck is a buffoon
"... they might as well nominate my six-year-old to be the Secretary of the Treasury, at least he would play with his toys instead of screwing up the economy." Absolutely hilarious
1:00 1300 on the SP with $600 Gold to presently 1100 on the SP with $1150 Gold---
i love that i was able to thumbs up every comment! U people get it
$1,034,964 now raised according to his campaign website.
3:20
5.34 blow us all up ))))))))))
I love peter's parables.... Breaks it down so anyone can understand it!
5:27 best analogy ever!!!
"They should nominate my 6 yr. old for treas. sec. At least he will play with his toys and not screw up the economy". Ouch!
Support him for the Senate seat. Send the traitor home.
a CNBC(?) anchor said to Peter Schiff, I know you say we're going to hell in a handbasket. Peter replies, I never said we'd go there in a basket. LOL
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