Ha! Seriously. Wonder how much he has made through investments.

OMG Totally Agree..... this guy is so annoying... I wish the Charlie the Unicorn comes and shut his mouth

I don't know why Peter appears on these shows. His time is worth more than dueling with people that think intelligent conversations should degenerate into ad hominem. Panelist Betsy Stevensen obliquely called Peter and "The Right" Paranoid @13:12. She barely opens her mouth here and when she does..it's nothing but horseshit that falls out.

+wxfield I had the same reaction as well. I admire the patience and tolerance Peter shows on these shows. Can't say I'd be handle the amount of ad hominems he has been subjected to with the same amount of composure.

wxfield I thing he goes to shed light on these lost souls.

bigbenff1 yes ! This is ridiculous ! They should just let Schiff speak

he also might be the most patient person on the planet..

climaxhubbard or the most ballsless

I think all the panelists not named Schiff, are so brainwashed with their understanding on Econ 101.

Typical UNC education. They think they know everything.... Yet, they're almost always wrong.

That got my Peter stiff

ooh gotta listen to this

Pls time stamp and the channel. I’m too lazy to find it myself 😆

@@user-sx2hy8zf5r it's the very first thing on the first podcast. He has appeared 4 times in total on the podcast

Haha yess I hear it in the podcast 😂

A Professor? Did he get his degree out of a cereal packet?

This has always been my point, if these people knew so much about business, finance, and economics wouldn't they then be super rich? The problem with academia then becomes clear for all to see. You are more likely to learn more about business and economics from Peter Thiel or Peter Schiff than you would ever do from a professor.

"Those who can't do - teach" "Those who can't teach, teach gym" lmao

Schitt is not a successful businessman. He is a conman that has scammed people out of their life savings into buying worthless metals. That's why he refuses to report financial statements on his website because he knows if people know the truth about him, all his phony credibility will fall away.

John Smith - lmao

Brett specially mama goose sitting in the middle. She’s trying so hard to remember what she studied in macro that she can’t even articulate a valid argument

astute observation Brett

@@maurijr10 Mama goose 😂😂😂😂😂😂😂

Economics 101 would’ve told you schiff is right

Lmao 🤣

And some of these dork posters on here 5 years ago were saying everything was gonna' stay great.

Way done now... 24 trillion and going up fast

@@Sluggishbeef6 Now at 25 trillion. Think we can get to 26 before the end of the year?

Oda shogunate im betting 30

Lol. 20 trillion...

I bought a 29 trillion call for before November.

Statists gunna state. Statists know they need the fed to get their programs in place. It's that simple.

Milton Friedman blamed the feds too

whydothey try and he was a smart man for it

Most people are incredibly stupid.

These people don’t understand the consequences

Jason C how could you ! Hes a university professor..😂

Well thats what they are doing with regard to their universities

Who Karl marx

What they don't seem to see is that the money they are giving to people to consume doesn't reflect actual wealth created. Thus, the starting point for any consumption is the existing wealth base. It doesn't matter how much "additional supply" is created to use his words, because that additional production will itself entail additional consumption. On a net basis, using up the capital base through inflation makes up poorer, even if you see more "economic activity". Using resources to replace wealth destroyed through consumption doesn't accomplish anything, and dilutes the very savings pool we need to engage in real capital formation to get us out of the recession. Plus, a lot of what would be "consumed" would be from things overseas anyway, which would at least outsource the inflation, but wouldn't help anything here like they claim.... Also, Karl misses that one of the problems that occurred during the boom was not enough saving to support the investments made, AND over consumption. What we need to solve the problem is less consumption, more savings / investment, not more consumption. Could these fools get any more wrong? And they are the ones teaching our kids at university? No wonder we are in the shape we are in. You talk to an economics major, they will have never even heard about Mises, Hayek, Rothbard. The worst thing you could do to learn about economics is major in the subject.

This clown professor brainwashed more people than Karl Marx could ever achieved.

no publicity is bad publicity

contreeman Peter is sacrificing himself to get the message that the fed is fucking up the country.

Peter was the only adult at the kids table.

If he doesn't do these types of interviews then it will be a complete echo chamber of liberal economists. Peter needs to be there to show an alternative POV.

Ryan McLaughlin Exactly.

He also called for governments to team up to fake an alien invasion to spur economic growth. Straight psycho.

Mongolite

D K Yup... I have a PHD. It's on my t-shirt.

D K Very much so. Cereal box profs bring in Obama cash from student loans and give cereal box education.

Hahahaha ow

just about...

Not cereal boxes. Affirmative Action.

I hate that. People deceive themselves - they don't even notice - that they automatically convince themselves that "they knew it". They completely forget that they were clueless and plain wrong, and they also forget that they actually changed their view and that "now they know it". For them, it appears they always knew it. And the actual funny thing is that they still don't understand the causes, even now, after it happened. I had professors, colleagues and family falling into that kind of cognitive dissonance - on various subjects, not particularly about the hosing bubble.

Makes me think of Covid. Everyone in government was ignoring it, republicans and democrats, fighting policies that would have reduced the spread early on. Now they all claim that they made the right decisions and knee the whole time

@@krismine99 Proud to say I saw the turmoil, and moved quick. Sold everything in February, bought silver. Up 55%. Bought back into some aerospace defense companies, a paper company, and cisco systems recently to get out of cash, and holding on while the whole place goes up in flames. Its not a genius move, but it was practical for me given the uncertainty. People like this all act like they were buying credit swaps back in '07, when in reality they probably lost half their accounts, panic sold, and rebought at some point after it all started to go back up, and they've convinced themselves they saw it coming lol.

Thiago Machado Nice little write up you have there but schiff is actually on public record claiming it would happen before it did so your point is a little moot in this case

Ikr

Lmao. Hes got soo much patience

Yeah like 3 minutes in I'm like peter why aren't you yelling some sense into those morons.

In a textbook written by a professor who influenced them to dress the way they are right now.

😂

Siobhan 😂

so good

I've got my 3Gs ready. Gold, Gas, & Guns

@@simplebott4812 don't forget the grub.

@@KattBon and the green. Oh wait!

@@simplebott4812 gas isn't a good idea...

You should see him now.

@@danielorlov7460 No

Hey! I like starbux venti's. Well I did until 2021, when they chased this semi truck driver away with all their closures and bullshit. As Schiff would say, "You reduced the supply, and that's what destroyed the demand." In my case, permanently, 'loyalty destruction 101'.

Yea its on the darkweb

It where his opinion comes from. Out of his a$$.

Marco Almeida discipline.

Excuse in his mind he knows that facts are facts no matter what people say and sometimes it’s just getting to say the facts even if no one listens

Retweet

Being correct grows confidence

I was thinking the same throughout the entire video lol

Tell me about it. Give this comment 1 year to age, then I’ll really be saying it

@@kx65andyx85rider It's been about a year. I think they're feeling it.

hows inflation everyone?

@@DJSerpent It's great. Keep it comming.

!!!LIBERTARIAN MOMENT!!!! Lolz

Lucas Michael Luzzi ya da fuck

because Peter grabbed this video from another channel that supported ron paul

Imagine if that was on every video

Bror King you got it right the host and the bubbly boy

He enjoys knowing that people with intelligence watching the show are laughing at how dumb these numps are, that's why. ;P

Tom in Puerto Rico the fed shouldnt do anything but go away.

I agree however...wish in one hand and poop in the other; see which one fills up first. In other words, don't hold your breathe...

+Moragauth, what you said is quite true, but dapunisher didn't deserve an informative reply. Still, thanks for the response. In addition to what you said, if the FED didn't set rates there'd be no such thing as 'whisper numbers'.

Tom in Puerto Rico. tom in a failed state... your wrong! fed should be dismantled.. along with most government intervention and regulation.. here in the usa, we have this thing called the constitution written by geniuses whos sole purpose was to limit the government... how is government working for you in pourto rico?

Tom in Puerto Rico That would mean they shouldn't exist.

Sivaram Iyer lmaoooooo

Maybe they can create a brain out of thin air from her skull cavity

GiveMeEyeballs yea. when a professor of economics states the fed can control inflation up or down.?? ...Karl? really?

Correct, and soon to be insolvent.

Bruce Clark shut the fuck up idiot

You must be an Expert on Idiots

You're a fucking idiot. I told you to shut the fuck up!

No Bruce, the world is not flat. I spent two years on this, trust me, the flat earth is for idiots who think they are awake and everyone else is asleep. Wake up and use your brain

The Experts of 1400 would tell you it is flat, they are no smarter now

nice rhyme :D