Most paper money initially existed as a substitute for gold. That's what gave it value. But right now what gives a currency… — Peter Schiff Copy Share Image
Printing money creates inflation, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles. — Peter Schiff Copy Share Image
Most governments, not all of them, but most, certainly don't want their citizens using gold. They want them in the currency that… — Peter Schiff Copy Share Image
All those commodities are going to have to rise in value as we are in short supply and we are printing too… — Peter Schiff Copy Share Image
At some point, the dollar has to give. You can't just keep printing money, and monetizing debt, and buying bonds, without the… — Peter Schiff Copy Share Image
Gold is not overvalued at $500, and gold will not be overvalued at $1,500 or $2,000. The real money is buying gold… — Peter Schiff Copy Share Image
The government can't create jobs; they'll destroy jobs trying to do it. The government doesn't have any money; all they have is… — Peter Schiff Copy Share Image
“We are headed for a much morse financial crisis than the one we experienced in '08 [2008] and we are headed for… — Peter Schiff Copy Share Image
Contrary to the rhetoric emanating from the American left, the 'rich' are currently paying a lot more than 'their fair share.' It… — Peter Schiff Copy Share Image
Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing… — Peter Schiff Copy Share Image
People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to… — Peter Schiff Copy Share Image
The market needs to set prices, including interest rates and allocate resources. If it were up to me, we would abolish the… — Peter Schiff Copy Share Image
Most paper money initially existed as a substitute for gold. That's what gave it value. But right now what gives a currency value is… — Peter Schiff Copy Share Image
Perhaps the most important reason to be skeptical of government inflation numbers is that the government, like a fox campaigning to guard a hen… — Peter Schiff Copy Share Image
When the dollar collapses, it's not doing it in a vacuum. If the dollar loses value, it's doing so relative to some other currency.… — Peter Schiff Copy Share Image
Every time the market has corrected, since 2008, it's always been the Fed that's made the bottom. The Fed has always saved the market… — Peter Schiff Copy Share Image
“Boom/bust cycles are not inevitable and would not occur were it not for the inflationary monetary policies that always precede recessions.” — Peter Schiff Copy Share Image
We had a very upwardly mobile economy, and that peaked around the 1950s when the typical middle-class American family consisted of a father with… — Peter Schiff Copy Share Image
Printing money creates inflation, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles. — Peter Schiff Copy Share Image
The fiat-based system has produced enormous global imbalances that are straining the global economy. Ultimately, I think the whole thing gives way and what… — Peter Schiff Copy Share Image
Central banks are choosing to increase their gold holdings as a percentage of total reserves. They obviously think there is a reason to do… — Peter Schiff Copy Share Image
Once the government runs out of foreign and private sector bidders for new Treasurys, the Federal Reserve will be the only buyer, and the… — Peter Schiff Copy Share Image
My mother always taught me that two wrongs don't make a right. We shouldn't bail out Wall Street. We shouldn't bail out Detroit. It… — Peter Schiff Copy Share Image
