You don't drive an economy by consuming - the consumer is not the engine, the consumer is the caboose.
Peter SchiffPrinting money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power.
Peter SchiffWe're on a collision course for disaster. All we can do, all your viewers can do is brace for impactBuy gold. Buy silver Get as far away as you can from U.S. currency and the U.S. economy.
Peter SchiffA federal bailout would spare California from having to make spending cuts needed to bring its budget into balance. The matter has become urgent since California voters rejected several tax-hiking ballot initiatives. Rather than taking the vote as a signal to dramatically curtail spending, the state turned to the feds. If they get a free pass, the politicians can avoid fixing any of their past mistakes or preparing California for the future.
Peter Schiff