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Peter Schiff Quotes: 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.
         

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.


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.



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

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



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.





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If you really love someone, ' Claudia continued, 'you have to be prepared to accept them as they are. Maybe you hope that one day they get a wake-up call and make the changes for their own reasons.

If you really love someone, ' Claudia continued, 'you have to be prepared to accept them as they are. Maybe you hope that one day they get a wake-up call and make the changes for their own reasons.



Uncle Acton spent the whole of his working life in India, for the simple reason that he gave up work very young.

Uncle Acton spent the whole of his working life in India, for the simple reason that he gave up work very young.



Power in politics, sovereignty in America is with we the people, and that is the path to turning this country around: empowering the people.

Power in politics, sovereignty in America is with we the people, and that is the path to turning this country around: empowering the people.



Maverick is a word which appeals to me more than misfit. Maverick is active, misfit is passive.

Maverick is a word which appeals to me more than misfit. Maverick is active, misfit is passive.



When the restlessness of the mind, intellect and self is stilled through the practice of Yoga, the yogi by the grace of the Spirit within himself finds fulfillment.

When the restlessness of the mind, intellect and self is stilled through the practice of Yoga, the yogi by the grace of the Spirit within himself finds fulfillment.



I am thirty-three - the age of the good Sans-culotte Jesus; an age fatal to revolutionists.

I am thirty-three - the age of the good Sans-culotte Jesus; an age fatal to revolutionists.



Magic has universal appeal. I don't believe in magic in the way that I describe in my books, but I'd love it to be real.

Magic has universal appeal. I don't believe in magic in the way that I describe in my books, but I'd love it to be real.



If words had flavors, hers would be bitter almonds and coffee grounds.

If words had flavors, hers would be bitter almonds and coffee grounds.



What all the basic religions are saying is this: Don't do anything that isn't play.

What all the basic religions are saying is this: Don't do anything that isn't play.



my family, although it keeps its hair, turns gray early - a business asset but a social handicap.

my family, although it keeps its hair, turns gray early - a business asset but a social handicap.




Quote Description


This page presents the quote "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.". Author of this quote is Peter Schiff. This quote is about money, government, assets, purchasing power, people, valve, financial, should have,.