169
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Peter David Schiff (born March 23, 1963) is an American inventory dealer, monetary commentator, and radio persona. He is CEO and chief international strategist of Euro Pacific Capital Inc., a broker-dealer primarily based in Westport, Connecticut. He can also be concerned in numerous roles in different monetary companies firms, together with Euro Pacific Asset Management, an impartial funding advisor, Schiff Gold (previously Euro Pacific Precious Metals), a valuable metals seller, and Euro Pacific Bank, a full-reserve financial institution.
https://en.wikipedia.org/wiki/Peter_Schiff

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12 Comments

  1. The debt is phoney, illegal, unlawful and erroneous…it is fake central bank debt foisted onto our governments and our people, erase it along with the self titled elite, seize their assets, charge them and hang them in the streets! Problem solved!!!!

  2. The 17% inflation of the 1970s is frequently compared to today's 6% inflation. But there is a very big difference. In the 1970s the national debts were none and Fed did not have heavy toxic balance sheet. So Valkor raised big interest rate to fight inflation. But if Fed raise interest rate by 0.005 (0.5%) now, the $29 Trillion national debts has to pay twice as much monthly interests, or face default. So are the loans of tech stocks and cryptocurrency gamblers. And there are the $1.2 T infrastructural bill and $2 T deficits from 2022 budgets, to be paid. The Fed is stuck between a rock and a hard place.

    Spraying money from Fed helicopter, from 2008 until now, is only an experiment which may cause a total collapse of the modern fiat money systems. If any nation starts issue gold backed currency, it will be the king of global economy.

  3. Do not listen to this Wolf, guy! He is a communist that blames capitalism for the deficits and problems of the debt. In reality, capitalism worked fine until evil corrupt banks, stockbrokers, democrats, and republicans traitors and many others got together and started manipulating the system and changing the rules to their benefit! Andrew Jackson was correct when he said, The banker is a soulless individual whose' only purpose in life was gain. The FEDS, a private bank, is the evilest people on this planet. The government traitors that gave up their duty to protect the people from evil and danger handed the people and this country over to them for money!

  4. Simple solution is to have fixed amount of money… and nobody can’t print more… freedom to exchange value. If you go broke you have to do something that someone values to gain value. Then you will get your options to do what u value. Correct?

  5. the fed has screwed us all… Nixon then added to the train crash for removing us from the gold standard…. ya wana fix the problem, repeal the 1913 federal reserve act…

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