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Peter Schiff

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That's what's really bothering me about Trump is the hypocrisy, because when Trump was a candidate, and he got elected - because, by and large, he told the truth about the phony nature of the recovery. - Peter Schiff
#Candidate
#Hypocrisy
#Me
#Nature
#Truth
Greed is normally balanced by fear. - Peter Schiff
#Balanced
#Fear
#Greed
#Normally
I would say to people of a libertarian conservative position on an issue, do not do a taped interview. You're going to come out looking really bad. No matter what you say, no matter how eloquently you answer a question, your answer is not going to be what you said. - Peter Schiff
#Answer
#Bad
#Looking
#Matter
#People
I don't want the technology of the 1950s, but I want the free market of the 1950s. - Peter Schiff
#1950s
#Free
#Market
#Technology
#Want
The only thing I can do with my bitcoin is give it to somebody else. - Peter Schiff
#Bitcoin
#Give
#I Can
#Only
#Somebody
People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it. - Peter Schiff
#Escape
#Government
#Money
#People
#Power
You don't help the economy by spending money. - Peter Schiff
#Economy
#Help
#Money
#Spending Money
Gold has worked for thousands of years, but now with the Internet, it works even better. - Peter Schiff
#Better
#Gold
#Internet
#Now
#Years
At some point, the dollar has to give. You can't just keep printing money, and monetizing debt, and buying bonds, without the dollar imploding. - Peter Schiff
#Buying
#Debt
#Money
#Point
#Printing
The market needs to set prices, including interest rates and allocate resources. If it were up to me, we would abolish the Fed and return to the gold standard. Absent that, the Fed should be completely removed from the political sphere, its dual mandate replaced by a single mission to provide the nation with sound money. - Peter Schiff
#Gold
#Me
#Mission
#Money
#Political
The one place that bitcoins seem to be used as money is in crime. - Peter Schiff
#Money
#Place
#Seem
#Used
The government can't create jobs; they'll destroy jobs trying to do it. The government doesn't have any money; all they have is a printing press. We need to free markets to create jobs; if the government wants to help, they should reduce their burden on the economy. - Peter Schiff
#Free
#Government
#Help
#Money
#Trying
My mother always taught me that two wrongs don't make a right. We shouldn't bail out Wall Street. We shouldn't bail out Detroit. It will cost the economy more than the cost of the bailout which is more than the politicians think. We'll run into the hundred of millions to prop these companies up. - Peter Schiff
#Me
#Mother
#Politicians
#Right
#Street
Remember 'The Brady Bunch' TV show? That 1970s family had a full-time live-in housekeeper called Alice. Mrs. Brady worked at the PTA and did community work. She didn't clean her own house. That was middle class. Now you have to be very rich to employ a housekeeper. Everything it meant to be middle class has changed dramatically. - Peter Schiff
#Community
#Family
#Remember
#Rich
#Work
My investment advice is rooted in my understanding of economics. - Peter Schiff
#Advice
#Economics
#Rooted
#Understanding
Gold has intrinsic value. The problem with the dollar is it has no intrinsic value. And if the Federal Reserve is going to spend trillions of them to buy up all these bad mortgages and all other kinds of bad debt, the dollar is going to lose all of its value. Gold will store its value, and you'll always be able to buy more food with your gold. - Peter Schiff
#Bad
#Food
#Gold
#Lose
#Value
Trade deficits are OK under certain circumstance. 1. An emerging nation imports capital goods necessary to enhance its productivity. 2. A developed nation, with a current account surplus, uses some of its investment income to finance the purchases of additional consumer goods from abroad. - Peter Schiff
#Consumer
#Finance
#Investment
#Nation
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