It's also possible to have money without the debt! See a documentary called "the money masters"

Did he also predict the crash of 2009-2010-2011-2012-2013?

watching this 02/27/2020
Stock market was all time high: An virus named corona destroyed gains in a matter of days.
Will watch this 10 years later ... Peter Buy Bitcoin

The rich should fix the problem they created. The rich doesn't care about much else than their own wallet.

We have already a massive crisis in the Middle East.People are on the move genoside is going on in those country's.Don't make a mistake the USA can go down.The Roman Empire did it is only a matter of time if it is going to happen.

Wtf is the money going

I came from the future. The economic collapse did not happen in 2014,15, 16,16,18 and 2019 Peter Schiff does not know and keep on making prediction every year.

The main thing people forget is money is just paper.It runs on faith.

Didn't think it would last this long eh Pete?

Too bad this guy doesn't know how to make his clients money...

'America has no resemblance to the America of the past'...True, America is now a debt ridden consumer economy that produces very little. When the US loses $ reserve status it will turn into a hello hole...Get out now if you can!!

They just brought home the troops and raised taxes on the wealthy. Don't you pay attention?

I agree with Schiff on the what, I think he focuses on solutions that support his claim that gold is gold. He's certainly smart, but fuck him. He's well off and just wants to talk about how to get gold to a higher value. That doesn't help humanity. Just him and his investors.

Start turning your garden into a vegetable patch if your smart. Global economic death is on the horizon

ads or not the dollar will collapse

The same reason that any business,company, or corporation exists.....to make money for the owners, or shareholders of that entity. The Federal Reserve isn't here to be benevolent and actually help the economy. If it was then our currency wouldn't have devalued so much since it's inception. It takes approximately $25 of our 2013 dollars to purchase what $1 could purchase in 1912, before the Federal Reserve Act. Search for "inflation calculator" to see more examples.

Claim gloom & doom 10 times, you are bound to be right at least once. nobody know what will happen at end of day

Don't forget the super rich can also become hyper rich from the crash. So they will be informed when the crash will be near. Don't worry about them worry about yourself.

This is when it hits the fan hahaha I love this guy!

Wow, peter has to watch this.

omg this makes no sense whatsoever to me. How can you deflate debt by raising taxes or whatever that is not actual money that is owed but just pure imaginary interest debt owed to the banks?

the inflation dollars peter is talking about is the dollar reserves in Europe banks and U.S. banks mostly they want stay there eventually they will be put on consumers when that happens that when hyperinflation occurs because people saving are way down.

HE WAS RIGHT!!! Suck it up haters!

SCHIFF DID IT AGAIN

7 years ago and 150% on the SPX ???

Not if you make huge redundancies. You don't have to pay people if you fire them! I'm not saying that's a good thing, it is just a solution.

if US cut troops .no monopoly no more cheap oil no more us tregery no more dallars every country can say fuck off and no more democracy on wing of f-16.

It's here!!! Coronavirus will be blamed, but this has long been the cause

the important post of the Secretary of The Treasury is for someone to be appointed to guard the empty vault. the strong vault could be used as a bunker in case of any emergency. oh yes, he still has the US mints to strike some coins for small pocket change.

Lotta background noise there..

I keep hearing that "China doesn't export any gold", but what about all those gold Panda coins they sell? Is their mint a separate entity that doesn't figure into their import/export statistics?

He said it was coming 7years ago and we are only seeing it now.

Bring home all the troops--savings 1 trillion per year; end foreign aid--savings-- .5 trillion per year; massive government spending cuts to lower debt costs; otherwise goodbye America!

Invest in other currency and help the dollar collapse so cambridge can make a profit from it......wow

All new money is created out of thin air by central banks and then lent to the government. The government then has to pay that money back with interest. The state gets its resources from us through taxation. Thus money is intrinsically linked with debt and we have to pay it off. It is all a humongous scam. e.g. watch?v=RrwbgdtbdXE

Peter Schiff caused me so many money it's unbelievable. If he had said the money printing would cause the stock markets to be exceptionally high, I would've made millions

Every single thing that came out of his mouth turned out to be wrong! Had one taken the opposite side of the trades PS recommend they would have profited greatly!

Why does the Fed (i.e. a private bank) have the US government (and by extension much of the rest of the world) by the balls?

looks like 40 people are clueless.

peter schiff has been crying wolf for ages,nothing has happend. Live life my friends.

Perhaps this could be prevented by America cutting down on excessive military spending or people like Mr. Schiff paying more taxes.

It might be possible to have a working society without money! Then we wouldn't have all these horrible debt problems!

Guy in the background destroyed that pizza @ 10:40...eats most of the crust and throws it out @ 14:01

The 1% works hard, it is really tough to make money when the Federal Reserve only prints trillions of dollars on your behalf.

I see what he's saying about rich people being taxed more. If you do tax the rich more they won't make many businesses if any and since they're already rich they don't have to work

We shit! Peter was right all along.

quote....the ritch are overtaxst??????? you mean the secretaresse pays 33% and the boss 14% is good?????

U r correct djjake nice to see some ppl still kno there history yes he did cause it, but u forgot to add on the orders of his boss mr Rothschild ;-)

schiff's grandfather founded the evil Federal Reserve which replaced the Consitutitonal mandate that the federal government create debt free money, unlike the fiat debt instrument notes issued by the Fed. Schiff is disinfo. If the top one percent are being over taxed, then why is their share of the total wealth growing ever larger.

"At least protect there savings". Wow, your on your own cool aid dude. Delusions of profiting on a worldwide collapse. Sad. Next thing you know Peter is going to take his most loyal followers to Jonestown promising free trade of Kool Aid flavors to put in there coconuts.

If the rich were to pay more taxes, then they'll get advice from knowledgeable tax and wealth protection specialists and find a way to transfer their money to offshore banks in the Cayman Islands, Monaco, Switzerland or the Cook Islands (near New Zealand). If the middle class was taxed then we would have no choice but to declare bankruptcy because we simply can't afford new taxes. Peter Schiff didn't mention the inflated military spending and costly wars, not to mention corporate welfare too.

Peter, why don't you explain the real cause of all of this mess. The fact is: Socialism is written into our Constitution by the authority of Congress "to borrow money on the credit of the United States". Now explain how that really works (connect all the dots for us) in your next book, and I might go out and buy a copy. Nothing will ever change until this power is taken away from politicians.

The Fed can, and will, be stopped. The first step is to make sure that people know what it does.

Peter, you are the Man bro, you R the Man

I agree with bringing home troops, but there still is going to be paychecks issued if they are there or at home.

Because the US Government (particularly Woodrow Wilson) put the Federal Reserve in power. Look up the Federal Reserve Act of 1913.

That explains the "how?". I am asking "why?". Why does the Fed exist?

2020 ...

Jp Morgan was just a Rothschild lieutenant

Looking back, yes, 2008 crisis does look like a sunday school picnic. Peters Schiff was right again.....

Well.. he was right about a lot of things, but he was definitely wrong about gold and silver. I guess he's human

when USA joins the PIGS countries, the acronym will become U-PIGS. lol.

Fuck Shiff buy stocks  and do everything  the opposite what this morone is saying.USA is a super power and it cant collapse.First the world would go to hell or we see the www3.USA has strong millitary before collapse USA would invade every country in the world and exploit  them dry.

his calls have been completely wrong

Because people can't stop the Fed. Only Congress and the President can do that. Since Congress and the President make lots of money off of the Fed's policies and insider trading, there is no reason for them to stop it. I agree with you. People should be marching in the streets protesting the Fed. Most people don't do this because they don't understand how the Fed controls and destroys our economy. The only thing that might help is clearing out Congress by voting all the entrenched members out.

China is preparing an economic war. That is why they are still importing gold despite being the number 1 gold producer. What the USA needs to do is pull back all their military bases, cut a huge part of their defense spending, turn those uninhabited "real estates" into farms and use their natural resources again.

Tyler your a complete moron !

He said it would fail under Obama it didnt... now hes saying that it will fail with Trump in office. I think as long as USA has over 800 military bases around the world and can bully countries into buying dollars, the dollar is going to be ok

having allot of debt has nothing to do with money and the system. people spend like rock stars cause they think they deserve everything. live within your means and expect to participate in the government and always say no to taxes. but that's to hard for anyone aye?

every year I keep coming back here and repeatedly LMFAO again

U Americans an all ur dam freedom

Rather than print more fiat currency, they're now going to digitise the money. Cashless society is almost here, probably out of desperation. We're going to get screwed yet again.

What is not a school picnic Search For the series "THE GREAT DISASTERS" (Part 1)

What are you talking about? lol

"The rich are already being taxed too much" Oh give me a break.

More people became millionaires in the great depression then any other time in modern history. They probably want it to crash, when the prices of everything plummet the super rich will still have enough money to buy up all the resources like Gold and land making them even richer when things recover.

Maybe you should watch the video lol

You're basically advising America to cut military spending when an economic war which is definitely coming will likely gateway to a proper global conflict. Lol.

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I am well aware that the Fed prints money, causes inflation, and contributes negatively to the production, efficiency and well-being of the United States. Having all this as a give, why does it still exist? Why isn't there a tidal wave of people demanding that it is removed from society?

yep

oct 1st

wtf? The bit-coin doesn't even have a real market, that's why day traders are just using its hype as a virtual commodity, its not even real. the only thing keeping the bit-coin of worth is its hype and people willing to buy and gamble with it. Only people that are suffering are the people buying drugs on silkroad, so..what makes you think the CIA and banksters are not hoarding all of the bitcoins and inflating its price??

This video is relevant now more than ever.

JP Morgan caused the panic of 1907.

There is no way that the super rich will allow the financial markets to completely crash. They would lose too much. They would do ANYTHING to stop it from happening.

when it crashes gold will be so expensive even millionaires will suck it

The price of gold has plummeted over the past month.

You ALL need to go outside.

Yeap we're fucked

sure it plummeted from 1700 to 1200 but it went from 800 to 1700 befor it plummeted. now it has stopped and is doing fine.

lol, year to date performance of silver= -40%, gold ytd performace -20%, EM has been pummeled as well

the americans rule the roosts for long, now its time for them to take some vacations

so we don't have troops in the middle east? hmmm .....and if you actually look at those taxes, a very small sliver of the rich get a tax increase and that revenue is not specified anywhere so it could be being put right back in their pockets through incentive programs created for the wealthy at the same time as the tax increase

His next book....available soon: THE SKY IS FALLING...THIS TIME I'M SURE"

Its like Peter Schiff is the responsible parent having to speak to irresponsible children who don't want to hear about it.

I love watching old videos of schiff eating people who obviously know absolutely nothing about the economy. I watch these to reaffirm I'm doing the right thing by listening to peter schiff.

How can people actually think that the FED is a good thing? How? what world are they living in.

Peter Schiff on MSNBC is like when you reach max level in a game and go back to the tutorial area.

Pretty interesting that this came up in my page today, Oct 7th, 2020. I bet you're happy with the Fed right now. Seems like 2020 has completely destroyed your theory about what the Fed CAN do.

This guy said he predicted the crash too lmao. Peter: well I didn’t see you out there with me LMAO

3 years later Peter was right again.

Super cringy that you Peter, named the clip this and uploaded it yourself. Need to pat yourself on the back often?

Let me just remind you. As you get older you gain more wisdom.

peter schiff is great and makes these clowns look like absolute fools

Ron Paul in the corner of the video was biblical, I love it

I didn't know the bar for being a host on MSNBC was this low.

I can only understand Peter Schiff. Everyone else sounds blah blah blah blah blah blah ???????????????????????

MSNBC and liberal media are clueless in every aspect of their thinking

I would kill myself if Karl was my Econ prof.

Wow that Wharton chick sounded out of her league. Very nervous. Lots of stammering. Little information.

I am so annoyed about this clueless people. Why did you even talk to them.

Peter "you have to remember" Schiff

Can you imagine MSNBC having a conservative voice on now?

What does the NAACP have anything to do with economics? Why was this guy invited?

Keynesian economics ?? Austrian economics ??

Which homeless shelter are these two guys and gal whom are arguing with Peter shiff

Pete is armed with the shield of knowledge and the sword of truth. These morons didnt stand a chance.

A economics professor telling a business man he is wrong ?! ?
Remember, those that CAN, DO. Those that CAN'T, teach!

It's interesting that ppl who're unable to articulate a coherent, concise thought would agree to come on any show to speak. Let alone one where yr attempting to disprove someone who actually knows what they're talking about.

4 years later, rates are still historically low...

Ahh, an econ. professor telling a man worth $70 million dollars how economics work. Who would you rather teach you? Mr. Econ professor worth $1 and some change, or a man who’s built a net worth that puts him in the 1%? Karl Smith is the reason business and economic degrees are jokes. Why would you pay to learn about business or economics from bums who don’t own businesses? What a joke.

North Carolina professor is an idiot

The host can't keep his mouth shut.. so annoying and ruined the show

Karl Smith = Bro

Those who can’t do, teach.

There is no wisdom on the left. Sure there is intellectualism but there is no wisdom.

Peter looks like he’s holding back from laughing his ass off, at the same time holding back from knocking the stupid out of this group

Chris Hayes what an ignorant jerk.
He looks like a communist bullshiter isn't he?

I hate moderators. Always disruptive when the conversation gets interesting.

The host is pushing Mr. Schiff's argument towards politics instead of actually talking about economics

THIS IS A BLOOD BATH. SCHIFF WAS SURROUNDED BY KIDS THAT SHOULD BE TAKING NOTES

They should not let Karl Marx be a professor of economics at NC .I'm sure he is follower of Winnie the Pooh on the Gram.

Federal reserve has nothing to do with unemployment.
Where did she study economics????

If you own or manage a business, what is the biggest challenge your industry is facing today?

The smartest stupid people in the world.

How can I go to a bank and borrow money, even at a low interest rate, to live without the ability to pay the loan back? If I make "$1", but need the amount of "$10" to live and "$1" is less than "$10"... How can I ever pay it back? Should I take from my neighbors in a moral argument that I need it more than them? How long will the bank give me a loan before my items get repossessed? Why not cut my cost of living standards? Why is this so hard to understand? Do I cut out restaurants? Do I take the bus or walk/ride a bike? Do I cut my satelite? Internet? Buy cheaper goods? Sale my protection equipment? Sale assets? Am I not entitled to these items? What about my college courses? Or my water? Electric? Downsize? What's a need? What's a want? Is this any different than our GOVERNMENT?

Money should only be a transaction medium, not a complicated machine that will break because of political activism.

Note: do not hire graduates of the University of NC...

Man that Betsy chick is so refreshingly able to talk calmly and articulate, most women on these types of shows come across obnoxious. The only one really annoying me was the host Hayes is such a douche.

Carl didn’t know if he was ever gonna get to respond


Edit: I wish Carl didn’t get to respond

Hard to believe someone as manifestly stupid as Karl Smith is a professor at UNC.

How does this guy not understand workers dont make anything in america. Has he never seen made in china?

Chris Hayes killed that conversation when he said lets not focus on the cause.

Watching the two most progressive institutions in the country(the media and the academy) both trying to act like they are the smartest person in the room is high-larious. Neither group has any real world experience yet will claim expertise in everything. Schiff is the only one that has put skin on the line. They should be taking notes from Schiff, but they try to obfuscate his arguments with rhetoric. But to no avail. Go Peter Schiff.

It's good to see the other side of the argument, but it's still crazy.

He warned us for the GFC and he’s warning us again yet still no one is listening

They are eating their words now ?

The minds with which Schiff interacts in this clip are grotesquely ignorant of and horrifyingly insulated from natural consequence. From their inherited cocoon of luxury, these heirs to greatness occupy their imaginations and ambitions with nothing but the deliberate destruction of it. It is difficult to imagine a scenario in which the dissemination of this collectivist propaganda by a television network could be accidental or unwitting.

omg...it should be titled - Peter Schiff - basic economy class for dummies.

Peter clearly on a completely different level than the other 2

“Have you been to a supermarket lately” ?
Clearly that kid hasn’t since his mum does the grocery shopping for him

On any of these shows they always shut Peter down & typically have no clue what they are talking about.........

That look at 2:34, damn...

The housing bubble was caused by forcing banks to lend money to people that have terrible credit scores, no income to pay off those loans, in the guise of 'equality.' When those that could not be qualified in a normal realm, guess how those banks got those houses back. Absolute squalor. Congratulations Obama!

Course of action is to elect conservatives to
1. School boards
2. City councils
3.Conservative Tough Sheriffs
4.state legislatures

Democrats committed fraud because they controlled the local councils and it just got formalized in Washington.

So do your bit in your local area.

The nerve of Carl patronizing Peter

karl smith stupid af

Chris Hayes is a HUGE tosser

The problem with mainstream media is they never give their pundits enough time to fully discuss a single topic and try to squeeze 100 topics into an hour-long segmented TV show.

I lost respect for the University of North Carolina for giving a diploma to Karl Smith.

when people disagree with no logic behind it ???

This was hard to watch , I'm hurting inside. Damn you media !!!!!!!

Perfect title....

The fed is garbage

Chris Hayes the bloviator....inflation doesn't help the volk....it only hurts. Chris Hayes "I have a personal meta point of personal bloaviation that is very important and everyone needs to listen to me because I'm not an economist but I slept at a Holiday Inn last night"

that guy Smith??? keynesians are a laugh

Jesus, blind leading the blind on TV to lead the blind. Peter must be dying inside. Smh.

The host is a joke, is he trying to out talk Ben Shapiro???Schiff is a giant to these latte Sippers....they're so dumb they don't know how ignorant and puerile they are

Wrong place Schiff, that's where all the idiots go. You belong in Liechtenstein.

Dumbest host ever

the moderator in the beginning (the guy with suit, no tie, glasses) is either on cocaine or prescription speed

Rule no. 1 to succeed in market : Never laugh at Peter

Leftists believe in the fantasy of something for nothing. Fantasy thinking. Easter bunny logic.

Holy shit that host is a troglodyte

but peter is liberal.

Now there is an ultra conservative in office and the money printing has gone off the charts. I don’t think it has anything to do with political color (as no politician is going to bite the bullet short term to see their popularity drop and get kicked out of office), rather with just a fundamental understanding of how economics work.

Keynesians vs an austrian

I can’t get over how much Chris Hayes looks like a prepubescent lesbian

I wanna hear the bet Karl was trying to make against Peter!

They all have Dunning-Kruger

typical knucklehead she has some ideas...just doesn't know how to present them

It's hilarious to see this now. That guy asking where the inflation would come from - the Fed just printed trillions of dollars and they might be printing trillions more. The Fed has also cut down the interest rate to a mere 0.25%. We are in for a disaster.

“I’m not the economist but I’m gonna keep talking cause I think I know the rebuttal to this one” ???

2020, Peter Schiff is right in the money.

Peter's hitting the nail right on the money all the time.
I'm totally surprised there hasn't been anything I don't agree with him.
These stupid fake news guys are ruining the world with their ignorance.

It's easy to lose the trail in a complicated discussion, it's a lot easier when you do it deliberately to try and prove your point. Sometimes you just need to put your emotion and bias aside and follow it through to the end result.

The host talks too fast .. calm down please lol

How much coke is that MSNBC moderator on?

The host is good at talking, but not at listening.

Ah, here it is July 2019 and the ECB has not only held rates low, but they have invented negative interest rates. What was an American bubble has turned into a world bubble.

*was president

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Here it is! It is called Corona virus.

Peter Schiff is great.He's often right !

ppl still listen to this idiot?

I dont know , I did really like Obama

So Trump is President...because Americans are totally incompetent at choosing leaders.

Sweet Panky Rang, bud.

Schiff!!

No i definitely think Trump is right that the world is taking advantage of us. We're looked at worldwide as the fat and lazy. We consume a crap ton. They sell us goods, we will always keep buying them, they get to have more US dollars because of it. The dollar is constantly going down in value and we're not going to be able to pay it back, but we're the ones who keep re-electing dems into the Senate who keep this cycle going by offering us free stuff instead of saving our money instead of stopping this mooch off the federal reserve. It's our own, uninformed, greedy fault. The world isn't gonna stop selling us products because they know we will always buy, increase our debt, therefore they have a right to start WWIII with us when our dollar crashes and our chances of paying them back are now zero. i guess it's just how you look at it, really. But I think China knows what they're getting themselves into. I also definitely think that military spending and the border is completely necessary. We need a border wall, we need people to stop hiring illegal immigrants because it's making this problem worse, and we need a strong military for when WWIII comes

When was this taken in 2017? its 2019 now, Damn we fucked

At 11:54 Mr Schiff says, "If interest rates went back to 5%, which is still not high, you'd be talking about an extra trillion dollars per year ... on the [Federal] Debt?". At first I thought that was wrong because the (Nov 2017) National Debt of $20 Trillion (according to Schiff, earlier) would have to be refinanced at the higher rate (up from near 0%). But then I remembered that the Federal Gov't has been issuing way mostly short term debt ... very short term debt ... so, he is essentially right.

If everything can explained by economy policy. If that true, no human being would advocate a system that nationalize almost every company like Venzuela... nonetheless, they still did it. If that was true, after conservative fixed canada economy, they should elected them again, but they chose Cucado (the woke)..election largely driven by emtions..if the conservative were silent under Obama, trump would not gave been elected...

IF the interest rate went back to 5% ... schiff always talks about ifs.
But even IF it did then the US feds balance sheet would be expanding by 5%.
If people understood economics then Schiff wouldn't have a career.

IF govt interest were bad like he tries to portray then the govt would reduce rates to zero ... and pay no interest.
The govt owns the game of USD, it has made the rules ... it can take its bat and ball and go home whenever it wants.

Could we please get some honesty in these thumbnails! Clickbait I say. All of these youtube videos.

This does a disservice to the integrity of the actual content.

wow an extra trillion ... what does that mean ? an extra trillion out in the economy where it can only be spent the US financial system creating jobs and growth.

blah blah blah  Puerto Rico 's a good place for you. You tax evading cheapskate money changing fraudster.

This guy is a stellar Jew!

You only have to be right 51% of the time to be a genius. I remember when interest rates paid 12% on CD's, I put everything I had in 10 year CD. By the time ten years had past the rates were in the gutter and have stayed there. He's 100% right about inflation, it's the silent killer.

Ray Dallio presents a better narrative. There is plenty of blame to go around, but how can we be on a sustainable path - as Ray Dallio puts it “beautiful controlled deleveraging?”

No obama got in over issues the bail out the wars the debt. What happened more bail outs more wars more debt. More immigration more people talking about race and sexism and not talked no about anything that mattered.

₿uy ₿itcoin, be your own bank.

Schiff scares me...he had the minority view of the housing bubble 2006 and he was laughed at when predicting exactly how the housing market will collapse, which it did in 2008.. now, its the massive US national debt he is predicting will finally come home to roost...while everyone laughs at him...


https://youtu.be/jj8rMwdQf6k?t=2222

As far back as I have been following him he has been saying EVERYTHING is going to hell ... 2 decades later ... yes everything is still going to hell ... 2 decades from now me and him will be even wealthier then we are now but EVERYTHING is still going to hell !!!!

Because millions of Whites wanted their country back and wanted to stop the invasion from beyond the southern border.

I LOVE DONALD J TRUMP

Buy gold, silver and alternative currencies.

This guy is a fraud. You can clearly see he doesn’t believe in the words he speaks.

This problem can be sorted by shooting the interest rate up to 15% for 5 years. That will destroy all the leveraged speculators and get rid of the excrement in the system.

If we had only listened to Ross Perot.

He says all this but overall inflation remains low, regardless of all the printing. Sure, we have many bubbles, and those will crash, but those crashes will decimate the money supply to the point where you would get deflation without intervention. The bottom line is that the workers actually have to see some of the money that is printed if there's going to be any incentive to raise rates, and that currently isn't the case at any significant rate. How many people do you know who are tapping their home equity atm? It's just boomers who know millennials can't afford their home if they sell so they are holding off, which further inflates prices. The investors will lose their money and the economy will be better for it, but interest rates won't change until the state tackles full employment like they used it.

We all know it's going to collapse, but WHEN?

This guy is brilliant, I am an engineer and I am 100% convinced. Every word he says makes perfect sense!!!

“What if interest rates went to 10% ?”
Well Schiff want happens if they patched up the titanic and refloated it and you could get $50 tickets for a cruise when there is less icebergs around ?

I wish I had heard of this. The organizers should advertise more.

Trump is not afraid of bubble bursting. He’s a bankruptcy expert with unbelievable track record and personal experiences. He may find a way to get out of it himself. But the rest of us? God save America!

Yahweh gave us gold for wealth and silver for money. Gold will go up to $ 7,000 . The Down will go down to 7,000. Bless you.

Com’on we were all scared ? the night of the elections!!!

The reason trump got elected is absolutely not due to economics. This is not meant to be an insult just a fact: The majority(note majority) haven’t been educated or simply do not understand basic economics. It’s social factors. His following is resentful of the economic inequality - so yes, it is economic reasons but all they know is they make less - which is why when trump shits on “elites” at his rallies it’s louder than a sold out Death Valley football game. I honestly believe we’re in the development of a civil war and I wish I had a god damn solution for it

The entire country is in a bubble bath.

Privatize social security, cut healthcare regulations, repeal the unAffordable Care Act, increase interest rates to 5%, slash medicare and medicade in half(at least). At that point we must have a surplus. If not, I don't know what the fuck is going on. At that point, begin paying off the debt to the debtors and if the debt cannot be paid off in 20 years, renegotiate being able to pay it off within that timeframe. After 4 years, yes, the dollar will have collapsed, but finally there will be economic stability. Eventually, the Dollar will begin to rise and become palatable again. Once we finally reach a surplus we can start burning money, and begin deflation. The dollar will see a rally, and hopefully United States dominance will be renewed. Once a surplus is achieved an Amendment must be passed: The Government must always have a surplus, and can only implement a maximum of a 20% income tax(i actually believe that income taxes should be abolished) and can only exceed 20% to a maximum of 50% in time of World Conflict and War(It will be up to the supreme court to decide when such world conflict justifies the tax.)


^all of this having to be said exemplifies just how harmful Big Government is. I never fully grasped it until now. I'm a huge Trump supporter, but now I fear the Worst is just to come.

The only thing Santa Schiff can't do is stop talking! ?

Im 37 years old and every single president since I've been alive has been a two term president, i expect no different for trump.... however i do believe he'll be the last Republican president, the Republican population will be unable to win an election after trump and we'll be forced to choose, live under socialist rule or revolt,....i firmly believe that Americans will revolt and "drain the swamp" so to speak....the sheer numbers alone, the government cannot win this battle thats coming.

ECB is going to have to raise rates and stop QE???? Completely wrong again

Over Price Real Estate and inflation is killing the Economy ?

Cut the fucking military

A country needs industry and we off-shored ours. We trusted  we got took. Now our very existence depends on a crooked monopoly game. Peter Shiff is a banker

16:48 he does often!!

Forward to May 2020. Peter Schiff was right on the mark AGAIN

Can this be watched anywhere else on YouTube?

Bubble butt bubble bubble bubble butt!

He mentioned going to 40 trillion in debt, Bush said they could keep raising the debt forever. So maybe some in Whitehouse or FED believe going to 40 or 50 trillion is possible and is their strategy?

President Trump has a plan to end the FED, produce a gold backed US Treasury note, pay off half our national debt, end the IRS and the federal income tax, and much more. Will there be pain and suffering along the way? No doubt, especially for the 99% of Americans who are deep in debt and clueless. But we will all be infinitely better off than if HRC had been elected.

So...
Truth is truth
Wisdom is truth
_ no permanent friend
_ nó permanent for

Interest is permanent

Trump is a tool for the Deep State

If you know so much...If you have known everything all along...why have I lost so much money investing with you?

I didn't know that I voted for the greatest POTUS in history until President Trump began keeping, and attempting to keep, all his campaign promises. Finally, a POTUS that actually puts America First, and doing it in spite of continuous Fake News attacks, and Dems doing nothing but continuous impeachment threats and coup attempts, beginning on the day after Trump was elected.

The United Satans will go down far quicker than Iran ??

Schiff has no idea. ... he thinks that the US govt is like a household.
The US govt owns the game of USD.
It controls the bond markets.
It doesn't even need the bond market.

Americans should start saving gold I guess

well there is at least 2 more years of a market run, because history shows that market correction's begin just before a president's term is ending