Peter Schiff on the Fed, Rand Paul, and the Next Financial Crisis

Reason ^ | 20 July 2015 | Matt Welch & Joshua Swain

[Lorianne]

"The bubbles are pretty much everywhere," says investment guru and radio host Peter Schiff, CEO of Euro Pacific Capital. "They are in the stock market, they are in the bond market, they are in the real estate market, they are in the U.S. dollar."

Schiff sat down with Reason's Matt Welch while at FreedomFest 2015 to discuss the dollar, his support of Rand Paul, and his argument that we are already living in another stock bubble.

Video 12:52

[marron]

I would like to see Rand at Treasury, auditing and maybe gutting the Fed.

[4Liberty]

Bump!

[DiogenesLamp]

"The bubbles are pretty much everywhere," says investment guru and radio host Peter Schiff, CEO of Euro Pacific Capital. "They are in the stock market, they are in the bond market, they are in the real estate market, they are in the U.S. dollar."

That is exactly what I have been thinking. I can tell you this. When Peter Schiff is saying something, people really ought to listen.

[Jan_Sobieski]

Managed destruction of the United States economy?

[SaxxonWoods]

“When Peter Schiff is saying something, people really ought to listen.”

I have listened. He’s been badly wrong for 7 years. Since he never changes what he says, he’ll be right someday.

[broken_arrow1]

Like a broken clock that is right twice a day.

[DiogenesLamp]

I have listened. He’s been badly wrong for 7 years. Since he never changes what he says, he’ll be right someday.

Leó Szilárd escaped Germany the day before they closed the borders. Whether he was just lucky or was just that perceptive is a matter of conjecture, but it is possible to see where a general trend is going without being able to predict consequences with absolute specificity. Who could believe that with the Media cheering economics for Obama that the fed could have sustained such monetary policies for so long?

I certainly don't expect you to believe that all is right in our financial world. At some point something is likely to break.

[Veggie Todd]

I looked up “broken record” in the dictionary and there was Peter Schiff’s picture.

[82nd Bragger]

“That is exactly what I have been thinking. I can tell you this. When Peter Schiff is saying something, people really ought to listen”.

Dude is awesome, isn’t he?

Here’s Schiff schooling Occupy Wall Streeters.

Unfortunately, most are still too stupid to realize where the problems emanated from.

https://www.youtube.com/results?search_query=peter+schiff+occupy+wall+street

[SkyPilot]

and his argument that we are already living in another stock bubble.

"Already?"

We have been in a ficticious "recovery" for almost 7 years. The Stock Market is a mirage, full of nothing but lies, Fed pumped QE, and manipulation.

[Toddsterpatriot]

"The bubbles are pretty much everywhere,"

Gold?