Peter Schiff: It's Going To Hit The Fan During Obama's Second Term
Submitted by eduardo89 on Mon, 02/18/2013 - 19:48Euro Pacific Capital's Peter Schiff on the stagnation in the precious metals market and central bank inflation policy on Fox Business' Varney & Co.
February 18, 2013
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Bump
for peter Schiff...
Like most he had no
Like most people, he has no comprehension of what inflation really means...he was focused on prices as opposed to an increase in the money supply. DPers know what constitutes inflation, and that there is a lag between the cause and the effect. This man did not. Peter tried to set him straight, but I think it went over his head...
If my need to be RIGHT is greater then my desire for TRUTH, then I will not recognize it when it arrives ~ Libertybelle
Peter pointed out the misdirection.
Of course they have inflated the money supply.
Priced in gold the US Debt is up 4000% sinces 1913.
Silver, copper, lead, gypsum, table salt and dozens of other metals and mineral agree with gold.
Priced in $FRN the US Debt is up 405,000% since 1913
Lt's just shut down the government for 10 years and re-evaluate the debt then.
Free includes debt-free!
bump
.
bump
for Pete.
"The two weakest arguments for any issue on the House floor are moral and constitutional"
Ron Paul