Peter Schiff on Taxes, Debt, Inflation And More

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Peter Schiff on Taxes, Debt, Inflation And More

In this Peter Schiff interview he explains why the government uses taxes to pay all the debt and programs.

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Comments

Phileas Fogg says:

As Rick Moranis said in Space Balls: Go to Ludicrous Speed!
Now Uncle Sam says:
Go to Ludicrous Printing!

Ddthegm Ddthegm says:

Live a simple Live. Only buy what you can afford. Too many people want it now. I save up for thing I enjoy. The government has a major problem with spending.

spacecowboy98 says:

Peter Schiffe is a fraud from before Obama. Every year Obama was in office Peter predicted an economic collapse,
Well he was wrong every year and so was CNBC business news who bought into the Pier Schiffe decade long hoax.
He's no economist he's just a propagandizer. Uses the truth to spin his so called economic prowess.

the world is not enough says:

I think the cashless system is coming. They will make you have a chip implanted and corona virus will be the linch pin so they can force you, without mandatory laws to have it. Without the chip , no trusted medical record , no way to have a passport, no way to travel, no way to buy or sell, no way to cheat on your taxes. Never take a chip from the government because then they own you. God has warned of such a thing, called the mark of the beast.

Venkat Ramana Koduri says:

????

Eddie Costa says:

Wonder why house prices are so high?
Property tax! The more your home is worth the more you pay…
401k? More fake money try and pull some of that out earlier you get taxed even more … taxes is a must to keep the country growing but ever wonder where your tax money really goes?

J Wiley says:

“They” you’re a member of the same evil tribe shiffenstien

james samuels says:

i told a young lady one day property taxes were going up she said she didnt care she was renting

Edward Franco says:

That's why Bitcoin is the future gold silver precious stones take you a Fiat money and buy these things.

J.K.F. says:

So what do with $500,000 in cash ?

harry viking says:

That is what politicians do, they LIE!!

susan stage says:

Jeez, can’t blame the people not wanting to pay taxes when the government gives millions to the Vatican, to foreign countries! While we have people starving and going homeless at our governments planned demic!!!! The government needs to maintain a sensible budget! Our government is way too large! They spend money like drunken sailors!

RT Carter says:

Lying is the new national pastime. once it was a sin, but not now. only nine commandment left…none of which are taken seriously.

MP S says:

But Gov is free, everything is free. Not sure why everyone is worried, the USD will go on forever.

B B says:

So, what's the recommendation?? GLD & SLV or something else??..BTC seems.manipulated by MSTR Michael saylor now..issuing yet another $600m to buy more BTC yet he has been telling others the last few months, including $1.5B TSLA, so where's the logic in that other than him pumping it and then dumping it soon? Moreover, who's selling all that BTC??

wnose says:

Fyi look at schiff's record and be warned accordingly

Warren Stilwell says:

Get to the point, should I buy or sell. Just kidding. Serious question though. Guessing on commodity prices as a protection against inflation seems hit or miss. I would think that equities would be a good place to be as they should inflate along with inflation, and they also have underlying earning power by reaping the benefits of people being sent government checks. Is this true?

Peter Brown says:

This is a bunch of gobbdigook! Peter doesn't have a clue what he's talking about.

Peter Brown says:

It's a fraud to believe that the US is in debt over it's head. The most affluent, powerful country on the planet owes nothing. If you 'owe' nothing, you cannot possibly have debt. It's BS that the government keeps "kicking the proverbial can down the road" If you have all the guns, you have all the money!
We're not naïve Peter.
Why are you still trying to march The American People (bottom 98%) off a cliff?

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