Peter Schiff Schools Clueless Liberals on the Federal Reserve Air Date: June 10, 2012 Chris Hayes panelists Karl Smith, assistant professor at the University…
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Peter Schiff Schools Clueless Liberals on the Federal Reserve
Why would you bring in someone from the naacp to talk about economics?
I agree with Peter on a lot of his economic views, how could you not really, it's common sense stuff. My problem with libertarians is that they don't realize that government welfare has benefited them much more than the poor. The US war machine petroleum backed global reserve dollar is the reason schiff was able to make his fortune. Good on him for looking to major reforms but the idea that he earned 100 million dollars on hard work alone is ridiculous.
The host is terrible at his job. So much talk, such little substance. I don't know any of these people, but Peter Schiff clearly is the most informed or experience member of the discussion. Everyone else just wants to be heard.
Peter. We need to abolish interest rates along with banks. If you cant understand that then you will never have the solution to our problems. Its the existence of un-earned interest that is the problem.
The major dilemma here is that the feds are not distributing the money in the places it needs to be distributed
The hell with the Fed!!
THIS IS WHY I'LL NEVER SUPPORT THE DEMS AND THE LEFT
Another example of why being over educated and never having a real job is a bad thing.
All I have to say is that black guy is pretty laughable. What a sped.
It's deja vu all over again! Peter Schiff is right again & few are listening.
no shit I was thinking that
I have to disagree with that. I haven't watched Fox lately since I gave up cable do to money problems but I think a lot of their opinions seem to be right.
I disagree with some of their hosts and guests because I think they are moving towards a progressive agenda. Or are neo-conservatives that aren't actual conservatives at all.
Asides from people like Napolitano/Stossel(who can also get pretty bad) they're full of opinionated idiots and rude hosts.
What is wrong with Fox News?
Wait if you want to figure out how to fix a problem wouldn't you want to know the cause?
Never took an economics class in college.. Why do that when you can watch Schiff for free?
I can't watch MSNBC without cringing. It's as horrible as Fox News.
Buy U.S. for US
Karl seems to act rude towards Mr Schiff, every one has a different point of view , and we all need to be respectful , weather we agree or disagree
lol fuck these tards
Anyone else find it hard to believe that the UNC "Economics Professor" is actually a "professor?" Lol
"Most of the economists I know…"… that is such a meaningless statement, she could've just said "Most of the economists I go to bars with…" or "Most of the economists I like to smoke weed with…"
It is a nonsensical statement aimed to establish the illusion of a scientific consensus on the matter, when there is no clear consensus in reality.
The FED = Absolute Corruption.
OOPS!! Make that NORTH Carolina!!!!
Remind me not to have my grandchildren to study economics at the University of South Carolina!!
How many fucking coffee cups do they need?
I don't know whyPeter Schiff decided to sit down with these amateurs.
Why is every person that ever debates Schiff, an imbecile on anything having to do with economics?
“I am afraid that ordinary citizens will not like to be told that the banks can, and do, create and destroy money; and they who control the credit of the nation direct the policy of governments and hold in the hollow of their hands the destiny of the people.” – R. McKenna, Chairman, Midland Bank London
"I have unwittingly ruined my country. A great industrial nation is controlled by it's system of credit. Our system of credit is concentrated in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the world… no longer a government of free opinion, no longer a government by conviction and vote of the majority, but a government by the opinion and duress of small groups of dominant men." – Woodrow Wilson
"I have unwittingly ruined my country. A great industrial nation is controlled by it's system of credit. Our system of credit is concentrated in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the world… no longer a government of free opinion, no longer a government by conviction and vote of the majority, but a government by the opinion and duress of small groups of dominant men." – Woodrow Wilson
“Every effort has been made by the Federal Reserve Board to conceal its powers, but the truth is that the Federal Reserve System has usurped the government. It controls everything in congress and it controls all our foreign relations. It makes and breaks governments at will.” – Louis McFadden, Chairman of the House Committee on Banking and Currency
And looked like fools in the process
We'll see what happens when the Fed has to stop printing $85 Billion per month to buy treasuries and interest rates rise. Schiff is on track as far as I can see, but he cannot accurately predict WHEN the Fed will stop printing. Once the printing stops, the real fun starts, that's why we see huge swings on Wall Street at the slightest mention of a slowdown in currency printing. The stock market is a bubble created by all the easy money being printed out of thin air.
We'll see what happens when the Fed has to stop printing $85 Billion per month to buy treasuries and interest rates rise. Schiff is on track as far as I can see, but he cannot accurately predict WHEN the Fed will stop printing. Once the printing stops, the real fun starts, that's why we see huge swings on Wall Street at the slightest mention of a slowdown in currency printing. The stock market is a bubble created by all the easy money being printed out of thin air.
We'll see what happens when the Fed has to stop printing $85 Billion per month to buy treasuries and interest rates rise. Schiff is on track as far as I can see, but he cannot accurately predict WHEN the Fed will stop printing. Once the printing stops, the real fun starts, that's why we see huge swings on Wall Street at the slightest mention of a slowdown in currency printing. The stock market is a bubble created by all the easy money being printed out of thin air.