Peter Schiff With More Alex Jones Type Anti-Govt. Conspiracy Theories About Inflation
When will this hack (& other hacks like John Williams) finally realize that the system the US govt. uses to measure inflation for specific items is the most advanced in the world – and provides apple to apple comparisons taking into account changes arising from new technologies, cost compression, raw material input prices etc.
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Academic knowledge is best IMO, particularly from well established institutions, particularly those who’s ethos is broad academic excellence, rather than a particular ideology or limited (sales or accounting) task.
Something one discovers at University is that a good understanding of any subject necessarily brings agreement/concordance/illustration, from other fields & evidence.
Listen to all serious views.. put them in context with each other.
watch?v=aVgU4RLQgkE (best version of this lecture)
I like listening to Schiff, but I try not to be an ideologue because I am too young to pretend like I understand everything about how the world works. If you guys think Schiff is lying to me, who do you think I should listen to for reliable information about the economy? Guys like Paul Krugman don’t seem to be trustworthy either. Thanks in advance.
Amen Brother!
I can’t imagine someone begging on facebook for donations, to have his 700k+$ debt paid, be worth 64$Million.
ok, so according to peter economists cant even meassure GDP anymore because they using the wrong GDP deflator
Maybe Peter would believe the Billion Price Index, which is running at about the same rate of inflation as the CPI. Where are his facts?
He looks and sounds like he is on drugs in this video.
When the facts disagree with you… change the facts. Classic.
I heard that all lot of his money comes from convincing rich idiots to pay him to socalled lecture about his socalled genius in economics.
no he doesn’t.
his computation of his wealth is many more times more phony than what he claims for govt. inflation figures.
he probably estimated his firm to be worth ~$50m and counted that as part of his net worth / assets. we all know is firm is negative equity due to it’s association with it’s owner, who happens to be a conman.
Hey, thanks a lot for putting that image in my head buddy!
Goddammit!
thanks for responding for us
at least he didn’t recommend reading ‘crash proof’.
You stopped me at “Hazlitt”.
Mr. SchittReport: cf. ‘What You Should Know About Inflation’ (or ‘The Inflation Crisis and How to Resolve It’) by Henry Hazlitt. “Measuring” the effects on prices of increasing the money supply is, at best, only guesswork.
Pater really loves to hear him self talk lol
“I don’t think he can hear me”
Yes and no. He hears noise that definitely isn’t as important to him as his voice.
3:28 PETER SHUT THE FUCK UP
Plenty with the degree dont know why an economy moves like it has. That would be a circular definition to knowing economics that requires repeating what others teach
His ineptness with this nice big-chested girl made me have an UNSPEAKABLE realization: this guy has sex. LOL. Can you imagine this clown in the sack. “Most people think the penis goes in the pussy, but it really goes in the ear”. hahahahaha…oh Schiff….what will you think of next.
economy ‘restructure’ naturally.” Why doesn’t Peter BECOME POOR and then see how he LIKES IT when that shit finally happens? I bet he’ll change his tune pretty quickly!
The funny thing about all this is that PETER KNOWS THAT REGARDLESS OF WHAT WE DO (austerity, stimulus, etc.), HE’LL STILL BE A RICH MAN! He’s got, what, $64 Million worth of savings in the bank? Even if lots of NON-RICH families feel even MORE pain, and the economy gets worse, he’ll still make at least modest profits and have TONS of money leftover ANYWAY, so what reason does HE have to worry? I’m so sick of rich fuckers like him trying to tell us, “You need to feel the pain. We must let the
“Market levels”?? And what, pray tell, ARE those ‘market levels’, Petey? 1%? 5%? 10%?? This guy LOVES to speak in generalities, but if asked to present EVIDENCE, he’s stuck in the mud.
are*
“When interest rates rise” Lol… Petey acts as though there’s some ALL-KNOWING, RATIONAL SUPERCOMPUTER OR FINANCE GOD THAT TELLS US WHAT OUR INTEREST RATES OUR IN A MOMENT’S NOTICE, rather than FALLIBLE HUMANS using various (fallible) techniques to ‘figure out’ what interest rates “should be.” HUMANS raise or lower the rates, not NATURE. You mean to say “When the relevant leaders decide to raise rates”, Schiff. They don’t just rise or lower ON THEIR OWN!
Wait… the GDP deflator TAKES INFLATION OUT OF THE PICTURE? Um… no. It PUTS IT IN TERMS OF INFLATION SO WE CAN KNOW WHAT THE ACTUAL VALUE OF EVERYTHING BOUGHT AND SOLD WAS, taking into account the ARTIFICIAL price increases that didn’t reflect actual value.
you forgot to mention building 7 “collapsing” and no plane hit it or anything.
nahhhhhh I reckon the 9/11 conspiracy is a conspiracy from the government to make it seem (to the public) that they have the power to create such an elaborate plot in the first place
ask south park
“Operation Northwoods” (1960s) – USA planning to hijack planes, bomb and murder their own civilians in order to gain support to go to war. They were going to blame the attacks on Cuba. 9/11 – Planes were hijacked and crashed into the Twin Towers. This got USA support to go to war in the middle east. Where, USA stole a lot of oil. Why would any country/organisation want to start a war with one of the biggest armies in the world? Why are 9/11 documents scheduled to NEVER be released to the public?
You should watch Loose Change: The Final Cut instead of the one on that link. It’s a bit better, some of the mistakes the first one made are corrected.
You are so right i just watched the documentary
This is a solid theory, but i have a hard time believing that people in the fucking government are mentally capale of doing this.. I mean, they killed their own people, thats some fucked up shit. And iasume that a lot of people knew about this, for planning and such. I would not be able to live with myself..
also wy would a terrorist group reveal their leader
An inside job that has forced numerous countries in all around the world to spend billions of tax payer dollars on tighter security regulations. Also the supposed WMD’s were the reason for starting a war against Afghanistan, which we all know was to obtain Afghanistan’s vast amounts of oil. The conspiracy theories of 9/11 are alluded to the fact that the explosive residue could have very well have been planted by either a foreign or home-grown terrorist
9/11 benefited the US Goverment and the illuminati………. it is the reason why the security is so tight, and eventually, we’re all gonna have a ‘chip’ in our hand. They’ll know our bank account details, where we live, they will track our every move……..
Al Quaida fucking claimed the assault, so I don’t think it was an inside job.
you’re just fool’d.
9/11 was a inside job…. end of story. the evidence is there.
hes a complete retard if you watch any documentries on area 51 they have former employees on it
You really are stupid. Its common fucking knowledge! Test pilots have talked on TV about it. Its not secretive like it was in the 50′s
your dads “friend” said it tested planes and im saying you cant talk about area 51 because it is so classified. so you are lying about this. and your dads friend doesnt exist. simple as that
When did i say their aircrafts where explained?
I think the pentagon was hit by a long range missile. And I think 911 was set up by the us government to, start a war, to get oil from Iraq. Why the fuck did the building just crumble down, instead of falling over, it shouldn’t have done either.
Ok i’ve watched it and all I can say is… How the fuck can you believe a coverup like that?
still i said willbe and the government wont let their top secret aircrafts be explained to someone outside Area 51.
This was almost 20 years ago! He would be dead by now
so true
I think i heard that the steel in the twin towers were in a paralell shape on each floor (the steel was basically directly underneath the walls) instead of crossing in the shape of an x which is how most buildings are made nowadays. Im not sayin your wrong bread and im not sayin the theory is right but that is may have been a reason for the building collasping so quickly.
“Truth is stranger than ficiton”. “If you tell a lie long enough people will start to believe it”.
i said will be hahahah so who is the moron…..? maybe you are? hahaah
The maps named suited the subject