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 assetconfiscateescape Change image and share on social
I don't want the technology of the 1950s, but I want the free market of the 1950s. Peter Schiff 1950sfreemarket Change image and share on social
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 bondbuydebt Change image and share on social
What got us out of the depression was capitalism, and we would have gotten out a lot quicker had the government not intervened. Peter Schiff capitalismdepressiongovernment Change image and share on social
Wall Street is in trouble because Main Street is broke. Peter Schiff breakmainstreet Change image and share on social
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 badbuydebt share on social
The Fed is the biggest enemy of this economy. In fact, Ben Bernanke, as far as I'm concerned, he's public enemy No. 1. We're never going to have a recovery while this guy's in charge. Peter Schiff benbernankebig Change image and share on social
The left-wing agenda wants us to think that the reason there was a depression was because the government didn't do anything. That's not true. Peter Schiff agendumdepressiongovernment Change image and share on social
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 bailbailoutcompany share on social
One day we're going to look back at $1,700 with nostalgia. People are going to be shocked at how inexpensive gold was when it could be snapped up for such a bargain price. Peter Schiff backbargainday Change image and share on social