Economist Peter Schiff answers questions about the coming fiscal crisis, and how to survive it, from Stefan Molyneux of Freedomain Radio. Audio: www.fdrurl.com
Economist Peter Schiff answers questions about the coming fiscal crisis, and how to survive it, from Stefan Molyneux of Freedomain Radio. Audio: www.fdrurl.com
he’s british/canadian
None of them are wearing pants.
1. Schiff was drafted
2. You have wild imagination. So you probably think that 1. was faked by Schiff
3. You should listen to Schiff’s interviews in 2005… (he is saying the same things)-if he is that smart to plan 5 years in advance he should be the president
@Voy2378
Ain´t gonna happen! Becoming part of the problem isn´t the solution. Peter knows full well that he won´t be able to do anything of affect change. Makes me wonder what´s the real motive. There isn´t anything like insider info to make one super-wealthy.
He plans to cut government spending. If he is successful he will save 10000x the money he is paid. I understand why you think that he will probably fail in his mission, but I don’t understand why you don’t want him to try.
@Voy2378
Does he plan to refuse any of the benefits, pay, etc.? Of not he´ll be just another dead-head living off the public dole! He´ll not affect change because the system works perfectly for the ruling corporate oligarch.
@Voy2378
That´s why I said that contrary to his bold statement nothing will change! History teaches us very well what is needed to affect real change. It´s a shame because humans refuse to accept the lessons of history, that´s why it seems cyclic.
Yes, but your comment was like: Schiff is going to Washington to make money.
“[...]Schiff will be anything more than just another deadbeat sucking up a federal paycheck, benefitting from the Senates socialized medical program[...]“
@Voy2378
He´s making the choice, is he not?
Schiff alone(1 vs 99) won’t be able to change anything, but what is your solution? To send Simmonds to Washington and have 0 vs 100. If Schiff wins I hope more politicians will do what he does.
He won’t lose millions that he has, he will lose millions that he could have earned by expanding his business…(going on TV=>bringing clients to his firm). If he is a senator he won’t be able to spend his time on europac.
@Voy2378
Sorry that should read ¨the façade of partisan division.¨
@Voy2378
Schiff will not make any changes because the ruling corporate oligarchy will not permit any change that it does not deem profitable. Do you think it an aberration that the only legislation that ever gets through the faced of partisan division in the Congress is that which further enhances the fortunes of the ruling oligarchs?
@Voy2378
Being a Senator does not mean Schiff will lose his millions. It means that he´ll be partly living off the public dole while perhaps not earning as much income off of other enterprises. Schiff can still invest–are you aware that Senators have a better investment return than most Wall Street brokers?—and reap the rewards of his millions working on his behalf.
LOL- you are crazy…. Schiff has millions, he will lose money if he gets elected and retires from his business.
You didnt answer my questions. I know the sound bites well. As for your relax and let freedom bring prosperity and peace, the U.S. is considered by many to be the freest nation on the globe and there is anything but peace and prosperity accept for the privileged few at the very top. And is there anything more prosperous for the super-wealthy than war?
How will the market be able to decide what type of shoes to produce, or whether to make playstations, xBoxes, or apples? How does the market decide what food to produce?
To think that the market cannot decide on a medium of exchange is ridiculous. In prisons, both those for criminals and soldiers, tobacco has historically been used as money. Money will emerge in a free market.
Relax and let freedom bring prosperity and peace.
And how will the “market” let us know what it has decided? Better yet, just how will the “market” be able to decide?
Yes, let the market decide.
I respect both Schiff and Stefan but anyone–including Schiff–believing Schiff will be anything more than just another deadbeat sucking up a federal paycheck, benefitting from the Senates socialized medical program, and the much better than the workingmans Senate retirement plan is delusional.
And running as a republican speaks volumes! Change my butt!
And if I go to Washington, believe me, things are going to change. Nothing is going to be the same as when I get there. Peter Schiff
I don´t know whether to laugh or cry! Has Peter fed himself so full of shite that he´s believing his own propaganda? Should Peter be sent to Washington he´ll either play ball like the rest and obey his corporate masters or he´ll be silenced into oblivion like Paul, Sanders and Kucinich.
please physically-restain any American from voting if can’t prove they have listened to this conversation… or any voter, anywhere
@liberationn15 that should be for the market to decide no one man can make the decision for what commodity should act as the general medium of exchange and you can see that the market still chooses gold as people start to exchange paper money for gold the fact that gold is an inflation hedge for investors is really just proof that gold is real money
What about just silver then? I’m no economist but I see what you’re getting at. It seems like currency is eventually going to have to come around to some sort of medium that the government can’t produce out of thin air…but ater silver and gold, what else is there? Platinum is scacer and copper/bronze are too common, no?
cool vid keep it up