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25 users responded to this post
Why the hell are people even listening to keynesian economists anymore? They should be hanged for being kenysians by a jury of Austrian economists. That would save America overnight.
GE owns NBC and CNBC. GE makes turbines for making electrical power from wind. That is why NBC pushes the man-made global warming myth.
If the second coming hasn’t arrived and it doesn’t become a dictatorship, Obama will be voted out
There will be no elections in 2012. The country will be too desytroyed to hold any kind of elections; I’m talking natural disasters. The proof is in the pudding, not the recipe.
They are not morons. They would rather have you believe that than the sinister plans they have in stall.
They have turned the majority of the population into morons through lies and deception in the media. They will have us in full blown enslavement before Obama is voted out next term if the world survives that long.
QFT
Keynesian ftl…
How many more times do these Keynesian idiots have to be wrong for the media to stop putting them on the air? Giving bad advice to millions of viewers is only hurting the country. And don’t say you’re trying to be unbiased. You SHOULD be biased towards the people who have correctly predicted all of this. If we gave as much thought to opinions that have been proven wrong as we did to the correct ones, we’d be a pretty stupid country. Oh wait…
How is six months-two years permanent? Sounds short term to me.
Have you heard my new hit single “Where Were You When The Bailout Hit The Fan”. How about “Bend Over and Spread Em, Here Comes My Bailout”. I wonder if Peter Schiff gets tired of being right. The question seems to be, are the financial leaders morons or is this done deliberately to crush the USA?
Welcome to the Welfare States of America…. LOL
the bald moron has to be the most stupidest person on tv right now.
He makes Bush sound intelligent
Man, he will eat those words in the years to come. Save this video and play it a couple of years from now on all news station left over.
In computer networks it is well-accepted that distributed networks (networks where control and management are spread throughout all members) are generally more stable than centrally-managed networks. In a distributed network, when a computer fails, the network continues to function.
Centrally-managed economic policy is bad for the same reason that centrally-managed networks are bad. When central decisions fail, everyone pays the price.
We need distributed economic decisions – the free market.
The so-called financial experts still don’t get it. Listen to Peter.
“Bureaucrats are the answer to our problems” That’s the idea we as a nation need to move past.
“no were not!” “no its not!” you tell em peter!
give me control of a nations money and i care not who makes the rules, Amschel bauer(rothschild) same with military its the money that rules…. we gotta fet rid of all “central banks” and make all governments much smaller and not involve themselves in a free market. the globalisation phrase flying around is quite scary folks….
Im with you. Cheers Phil 
Phil: thank you for your efforts. You consistently get these videos up within 1 day of airing. Many of us do not have the time or stomach to watch cnbc or fox business. thank you for your efforts.
according to the bald gentlman monetary policy=throw money at the problem until some of it sticks! its amazing that these supposed economic brains have such a trivial understanding of economics. it is quite dangerous to individual liberty. the 200+ yr old republican experiment is in serious Jeopardy
Gotham City, Harvey Dent will not mess with Peter.
As always, Peter Schiff is right on-target. It seems every other financial analyst on TV still has their head in the sand.
Wake-up everyone, our economy is going to crash! Are you prepared?
The theory is that if the US defaults then the Chinese dump the USD on the world market and the USD goes to ~0 and the RMB shoots up.
I would believe that you would need every other country to not accept USD from China to prevent this.
They supposedly have a lot more RMB than dollars so as their currency shoots up the purchasing power of the RBM more than makes up for the devalued dollars.
God I love Peter Schiff! By the way, I mostly use a website for tracking all of the interviews of marc faber, jim rogers and ron paul. Because at financialtruth0.blogspot . com they post them whenever they come available, and it is easier to keep track of them. Thank you for uploading!
soviet union collapsed and they didn’t do anything with their weapons.
There is one thing that is not discussed. America has the guns (the largest military in history) and he who has the guns rules – bankrupt and/or debtor nation. What is China going to do if the USSA doesn’t pay on its debt?
If there is hyperinflation and/or collapse ‘in confidence’ in the FRN, the soldiers will get paid through pillage. Think of an army out of control. I suppose the USSA could go the way of Rome though.
This is going to be a bloody mess either way.
“monetary policy works, fiscal policy works if you throw enough money at a problem some of it is going to stick some of it is going to work”…GET THIS CLOWN OFF THE AIR!!