Retail sales, CPI, the markets and unfair political attacks
also check me out on http://www.facebook.com/schiffreport
Duration : 0:10:0
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Tags: bear, bomb, bubble, bull, collapse, commodities, crash, crisis, currency, depression, dollar, doom, economic, Economy, euro, Faber, gold, Market, Money, oil, paul, Peter, recession, Rogers, ron, schiff, silver, stagflation
November 18th, 2009 at 4:04 pm
How about this for …
How about this for an idea:
We fire 80% of workers in the financial sector field ( meaning: people who play with other people’s hard earned money)
And they can re-train in the construction and medical industries ( maybe they can learn carpentry, welding, nursing )
I think we woud be “safer”.
November 18th, 2009 at 4:04 pm
Of coarse theres …
Of coarse theres inflation,.I used to buy a gallon of water from Walmart for $.49, now its $.83,. Progresso soups at 2.89 used to go on sale now & again for a dollar each, no more. Only if you consitantly bought an item and know the price, you will realize that prices have gone up,. on certain items for whatever reason,. but a gallon of tap water from wallmart?,. its gotten closer to a gallon of poland spring so I’ll pay the 1.12 for poland spring,. and walmart can keep their value brand at $.83
November 18th, 2009 at 4:04 pm
Hey is Peter a …
Hey is Peter a keyboard player? Is that a mutron modulator behind him?…maybe I could could call him for some gigs…
November 18th, 2009 at 4:04 pm
Its very simple. …
Its very simple. The blame is to be put squarely on the shoulders of the american people. They have voted in people that truly believe that the current tax code is sound and without flaws. Rich people will most certianly leave and not create jobs if their taxed to much. Jobs dont come from poor people. They come from rich people. If the rich are not incentivised to hire more employees than unimployment will continue. This nation is way too far in debt, but thats what the American people want.
November 18th, 2009 at 4:04 pm
dude you must be …
dude you must be thinking in double speak–whence the credibility of your statement? Did you expect to engage in a proper and honest dialectic with your antagonism? Me surmising the quality of your father’s sperm by the fruit it bore is at least empirical. Your opinion rests on a presupposition that an investor, when blogging, will give you investment advice. This is flawed, however why else your comment?
how on earth could someone respond in a solely dialectic manner to a comment such as yours
November 18th, 2009 at 4:04 pm
when you attack …
when you attack someone directly instead of logically or empirically rebutting their comment, you immediately lose all credibility.
November 18th, 2009 at 4:04 pm
I’ll bet you have …
I’ll bet you have big salty balls–your father’s sperm quality must have been similar. Tell me, would your dad pay a carpenter to fix your house, or would he expect the carpenter to come for free, explain relevant laws, deduce necessary supplies and tools, then instruct you on how to go about it? Then your dad assembles everything and your roof falls down. You’re an idiot.
November 18th, 2009 at 4:04 pm
I guess you have to …
I guess you have to be one of Peter’s clients for him to say something substantial. He always skates the surface.
November 18th, 2009 at 4:04 pm
That was funny. …
That was funny. Here’s $500, go buy a Ferrari.
November 18th, 2009 at 4:04 pm
We already had one …
We already had one of those. It was Bush’s stimulus.
November 18th, 2009 at 4:04 pm
No schiff preaches …
No schiff preaches foreign stocks.
November 18th, 2009 at 4:04 pm
He’s becoming …
He’s becoming boring to listen to. I know he has to be a broken record because nobody on t.v. seems to understand him. But for the relatively intelligent people on earth, he’s not saying much we don’t already know by now.
The political talk and the change of his posture and tone is annoying.
November 18th, 2009 at 4:04 pm
False. Focusing on …
False. Focusing on real and nominal prices instead. It will perhaps help you to understand what inflation really is. Feds money supply is the catalysator, real (not nominal) prices increase is a symptom, systemic collapse and death by starvation is the result. Jefferson was right – banks are enemies of humanity and biggest threat to republic.
November 18th, 2009 at 4:04 pm
You live in a gay …
You live in a gay community? More power to you.
November 18th, 2009 at 4:04 pm
Bear market rally …
Bear market rally is over.. Go short on banks again and sleep well
November 18th, 2009 at 4:04 pm
no, actually my gay …
no, actually my gay neighbour likes it…
if you want i can give you his address
November 18th, 2009 at 4:04 pm
Schiff preaches …
Schiff preaches Gold right? Gold has gone up drastically in price since 2000, oif you followed Schiff’s anti-inflationary badvice you would have made a bigger killing than than the so called killers doing the boom-bust era who in relaity lost everyhting and only beneifed temporarily from government credit expansion that was doomed to failure.
November 18th, 2009 at 4:04 pm
Inflation already …
Inflation already really bad, bad, and it’’s only getting worse the CPI is a dishonest rigged “calculator” scheme that doesn’t include oil prices etc. Its bullshit. Inflation has already caused about a 40-50% in crease in prices of goods. Peopl have delved into their savings pulling money on new loans, investment, and accounts that WALLST and the liek use to make wealth. The stock markets are being propped up with ullshit inflation numbers and Fed injections that will soon BUST
November 18th, 2009 at 4:04 pm
What’s the prob? …
What’s the prob? Your mom likes it.
November 18th, 2009 at 4:04 pm
Imagine how …
Imagine how interesting these vlogs are going to be when Peter is a senator.
November 18th, 2009 at 4:04 pm
I am left wing (in …
I am left wing (in Europe) and it seems to me most of the stuff on economics he says seems pretty sound.
Economics is the way it is, no matter if you are left wing or right wing. If you want to implement left wing political ideology you better understand how it can be done.
Economics don’t always work the way we want it to. If it doesn’t we can’t just pretend. Like with minimum wage; you have to find more creative solutions.
November 18th, 2009 at 4:04 pm
Anyone smell a …
Anyone smell a credit card or retail bailout?
November 18th, 2009 at 4:04 pm
And to think the …
And to think the so-called business news channels still give him and others like him (e.g. Taleb, Faber) a ton of crap about how the economy isn’t as bad as it seems.
November 18th, 2009 at 4:04 pm
Shouldnt we be long …
Shouldnt we be long dollars while the truth of the US consumer gets out?
November 18th, 2009 at 4:04 pm
why, china is right …
why, china is right where it was then. brazil, the dollar etc. listening to him in february wouldve been better.