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Peter Schiff Quotes: It is production that creates purchasing power, not the printing press!
         

It is production that creates purchasing power, not the printing press!


Peter Schiff
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Other quotes of Peter Schiff


The United States is like the Titanic, and I'm here with the lifeboat trying to get people to leave the ship... I see a real financial crisis coming for the United States.

The United States is like the Titanic, and I'm here with the lifeboat trying to get people to leave the ship... I see a real financial crisis coming for the United States.



Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power.

Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power.



Printing money creates inflation, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles.

Printing money creates inflation, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles.



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.

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 strength in gold is revealing the general weakness in the dollar.

The strength in gold is revealing the general weakness in the dollar.



Keynesians are to economics what witch doctors are to medicine.

Keynesians are to economics what witch doctors are to medicine.



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.

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.



Minimum wage laws make it illegal for a worker to accept a job that pays less, even if the worker needs that job.

Minimum wage laws make it illegal for a worker to accept a job that pays less, even if the worker needs that job.



The real story of Detroit [...] can be summed up in seven words. Private enterprise built it, government destroyed it.

The real story of Detroit [...] can be summed up in seven words. Private enterprise built it, government destroyed it.



We'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.

We'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.





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The denunciation of injustice implies the rejection of the use of Christianity to legitimize the established order.

The denunciation of injustice implies the rejection of the use of Christianity to legitimize the established order.





As the sergeant said to the recruit: "You might as well be happy mate - no one cares if you ain't."

As the sergeant said to the recruit: "You might as well be happy mate - no one cares if you ain't."



Football is an art, like dancing is an art - but only when it's well done does it become an art.

Football is an art, like dancing is an art - but only when it's well done does it become an art.



Any little bit of experimenting in self-nurturance is very frightening for most of us.

Any little bit of experimenting in self-nurturance is very frightening for most of us.



It is easier to do a job right than to explain why you didn't.

It is easier to do a job right than to explain why you didn't.



You were programmed to deliver a message, and the creation of that message is your greatest art. What is the message? Your life.

You were programmed to deliver a message, and the creation of that message is your greatest art. What is the message? Your life.



The Jews have never been ashamed of being Jews, whereas homosexuals have been stupid enough to be ashamed of their homosexuality.

The Jews have never been ashamed of being Jews, whereas homosexuals have been stupid enough to be ashamed of their homosexuality.



He doesn’t anger easily. This is good. (Takeshi) Yes, I’m more of a simmer slowly until it boils over and ruins everything kind of man. (Acheron)

He doesn’t anger easily. This is good. (Takeshi) Yes, I’m more of a simmer slowly until it boils over and ruins everything kind of man. (Acheron)




Quote Description


This page presents the quote "It is production that creates purchasing power, not the printing press!". Author of this quote is Peter Schiff. This quote is about purchasing power, productions, printing,.