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Fed Raises Discount Rate – Peter Schiff – 02-18-2010
Posted by admin acc Comments (25)
Airtime: Thurs. Feb. 18 2010 | 5:12 PM ET Discussing the impact on the markets, with Peter Schiff, Euro Pacific Capital Inc.
Categories: Amazon
Full support for peter from NEWZEALAND!
this is tuff to hear this sort of thing
@jx14aby
By all indications, you are one hell of a popular guy. Judging by the moronicity of your comments, it’s not difficult to see why. Get beaten up in the playground much?
schiff is telling people to save money , but he should tell them in what form , Silver , Gold, commodities
LMFAO!
Yes, it’s called English, if you’d like me to call you an idiot in a more articulate way then I will:
You are an arrogant fool who requires this most deserved remonstration for having abrogated the rule that one does not purport to authoritative knowledge in subjects with whose intricacies one is at best, only fleetingly accommodated.
i.e. you’re a bullshitter who should learn before telling other people what to think, it’s just irresponsible.
I like that: “not sophisticated enough.”
@jx14aby
So because you’re not sophisticated enough to understand what Schiff is saying (not that it’s complicated, for christ’s sake!) he must be bullshitting?
Right. Schiff obviously doesn’t know what he’s talking about, small increases in the base rate of interest are going to induce the savings America needs even though it’s literally been taking money to spend it on accruing…more debt, literally bailing out bankrupt capital ventures that need to liquidate, forcing inflation.He’s wrong?
@jx14aby No, you’re right. Your books are probably a lot better.
The panel looked so fucking scared. It’s the first time I’ve seen them not scoff or smirk at Schiff.
Asian chick is yummy looking.
lol @ everyone discrediting him.
history repeating itself?
PETER SCHIFF IS THE MAN
You couldn’t be more mistaken. Why would he put a successful brokerage career on hold for 6 years if he didn’t really care about the economy?
Cynicism can be poisonous when it’s uninformed.
hIs recommended reading list contains three books by . . . . guess who????
Peter Schiff? Yep.
At $18.00 bucks a pop!
Now I believe him.
Yes but he has been right for the past 15 years. On everything. He either knows something or hes got one heck of a talent for reading tea leaves.
Check out some of the older Peter Schiff videos, they go back for years.
Oh and he manages millions, he has a little more than a dime on the line; look up Euro Pacific Capitol.
I’m not convinced. He’s sounds like nothing more than an economic soothsayer. He call blow all the hot air he wants with not one dime on the line. Just bluster. Some might call it bullshit.
I can time the market. I cant time the fed. Somethings brewing. Theyre buying time.
“Give me control of a nations money and I care not who writes it’s laws.”
@jx14aby
I think you have no idea what he’s talking about… but don’t worry, you’ll see.
could be a deer in the headlight looks, could also be a “WTF is this idiot saying” we’ll see how it ends.
Help me out here guys, what is going to happen if they don’t raise rates? It sounds like if they do it will cost us more to pay on our debt.
Or he’s outright lying.
Most likely lying.
I think Peter Schiff has no idea what he’s talking about.
:S ?
these idiots on this show should get him on more often and fire this anchorwoman