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Peter Schiff Quotes: 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.


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.



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.



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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All roads lead to success. Yours...or someone else's

All roads lead to success. Yours...or someone else's



I still need some more healthy rest in order to work at my best. My health is the main capital I have and I want to administer it intelligently.

I still need some more healthy rest in order to work at my best. My health is the main capital I have and I want to administer it intelligently.



When I was fired from my post as General of the Fighter Arm, I was to give proof that this jet was a superior fighter. And that's when we did it. I think we did it.

When I was fired from my post as General of the Fighter Arm, I was to give proof that this jet was a superior fighter. And that's when we did it. I think we did it.



Technically, I have not changed very much. Ask my assistants. They'll tell you, I am the easiest photographer to work with. I don't have heavy equipment. I work out of one bag.

Technically, I have not changed very much. Ask my assistants. They'll tell you, I am the easiest photographer to work with. I don't have heavy equipment. I work out of one bag.



Sometimes, life threw up problems that even the wisest, most trusted mentor couldn't solve for you. It was part of the pain of growing up. And having to stand by and watch was part of being a mentor.

Sometimes, life threw up problems that even the wisest, most trusted mentor couldn't solve for you. It was part of the pain of growing up. And having to stand by and watch was part of being a mentor.



All will be well, and every kind of thing will be well.

All will be well, and every kind of thing will be well.



The faster you work, the better off you're going to be.

The faster you work, the better off you're going to be.



The secret to success is action, not attitude.Your attitude doesn't matter. It is what you do with your time.

The secret to success is action, not attitude.Your attitude doesn't matter. It is what you do with your time.



Well, I think there's not much of a chance for me finding somebody of my age. Gentlemen of my age are dropping down 30 years to find girlfriends.

Well, I think there's not much of a chance for me finding somebody of my age. Gentlemen of my age are dropping down 30 years to find girlfriends.




Quote Description


This page presents the quote "Printing money creates inflation, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles.". Author of this quote is Peter Schiff. This quote is about circles, seems, inflation, academic, printing money, common, economy, kind, thinking,.