Peter Schiff - Quotes

There are 13 quotes by Peter Schiff at 95quotes.com. Find your favorite quotations and top quotes by Peter Schiff from this hand-picked collection about money. Feel free to share these quotes and sayings on Facebook, Pinterest, Tumblr & Twitter or any of your favorite social networking sites.

Greed is normally balanced by fear. ---->>>

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 will cost the economy more than the cost of the bailout which is more than the politicians think. We'll run into the hundred of millions to prop these companies up. ---->>>

One day we're going to look back at $1,700 with nostalgia. People are going to be shocked at how inexpensive gold was when it could be snapped up for such a bargain price. ---->>>

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 a printing press. We need to free markets to create jobs; if the government wants to help, they should reduce their burden on the economy. ---->>>

People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it. ---->>>

I don't want the technology of the 1950s, but I want the free market of the 1950s. ---->>>

Gold has intrinsic value. The problem with the dollar is it has no intrinsic value. And if the Federal Reserve is going to spend trillions of them to buy up all these bad mortgages and all other kinds of bad debt, the dollar is going to lose all of its value. Gold will store its value, and you'll always be able to buy more food with your gold. ---->>>

At some point, the dollar has to give. You can't just keep printing money, and monetizing debt, and buying bonds, without the dollar imploding. ---->>>

The left-wing agenda wants us to think that the reason there was a depression was because the government didn't do anything. That's not true. ---->>>

Wall Street is in trouble because Main Street is broke. ---->>>

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. So the purchasing power that we lose, somebody else gets. ---->>>

What got us out of the depression was capitalism, and we would have gotten out a lot quicker had the government not intervened. ---->>>

The Fed is the biggest enemy of this economy. In fact, Ben Bernanke, as far as I'm concerned, he's public enemy No. 1. We're never going to have a recovery while this guy's in charge. ---->>>

Biography

Nationality: American
Born: 03-23, 1963
Birthplace:
Die:
Occupation: Businessman
Website:

Peter David Schiff (; born March 23, 1963) is an American investment broker, investor, author, financial commentator, and radio personality. He is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut. He is founder of Euro Pacific Canada Inc., a Canadian registered global brokerage firm headquartered in Toronto, with offices in Burlington, Ontario; Montreal; Vancouver; and Tokyo (wikipedia)