Skip to content


The Dollar is now collapsing – Peter Schiff | Part 1


Full speech www.youtube.com Peter David Schiff (born March 23, 1963) is an American economist, author, commentator and popular video blogger who regularly appears in the role of a bearish pundit on numerous financial news networks. Schiff, a licensed stock broker, is the president of Euro Pacific Capital, a brokerage firm founded in 1980 and later reincorporated in 1996, now headquartered in Westport, Connecticut. Schiff’s rise to fame in late 2008 came when a video collage of his media appearances predicting the United States housing bubble, subprime mortgage crisis and overall economic meltdown expressed in sequential details surfaced on YouTube, rapidly resulting in one million views[1] in a short period of time. The “Peter Schiff was Right” video led to a user trend on YouTube of uploading videos clips and collages of Schiff’s other media appearances to the popular video sharing website. Schiff was an economic adviser for Ron Paul’s campaign in the 2008 Republican Party primaries, through which he expressed support for sound money, limited government, and free-market capitalism. Schiff was strongly influenced[citation needed] by his father Irwin Schiff’s libertarian work and fiscally conservative views, becoming a vocal supporter of the Austrian School of Economics and the Ludwig von Mises Institute.[2] In response to an online grassroots movement in early 2008 dedicated to drafting him for US Senate, Schiff began considering a run for the Republican nomination to

Posted in Finance. Tagged with , , , , .

25 Responses

Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.

  1. jneil2007 said

    Ron Paul and this man, if I am elected to flip back and 8.

  2. CheeezMaster said

    @ Yes homertalk. You are a mess. Run.

  3. 1cherrylane said

    @ BlackHeartMetal666. . . . U.S. companies have become richer they will want to buy things foreign goods is reflected in the final money / average U.S. worker service to sell short term while or own shares in any of these companies operate their hands of American citizens but only to be screwed. . . It may take some time, it will occur. :)

  4. homertalk said

    Each new prediction?

  5. leonidas512 said

    @ WachmanTha or if no one stood up from the same shit just happened in the past seceede, causes start again!

  6. manoman0 said

    Actually, yes.

  7. manoman0 said

    Lol. . C4C was shot like that. If it hurts, I’ll shoot my foot. It is to forget the pain of your hands will hurt more. . . Lol

  8. manoman0 said

    This smackerinos you to buy something in your pocket is not possible.

  9. n4979338 said

    The cash clunkers design freakin stupid, or really is not it?

  10. wachman said

    This may sound crazy. But we have to deal with failed total collapse of some form of distortion “constitutional” system, you should bring this country to the true and accurate treatment for centuries.

  11. rosewood223 said

    I think the crash within a day!

  12. BlackHeartMetal666 said

    So, U.S. dollar, it is to buy what we can. Therefore, they are rich, we are committed God? Breaking bad you know! * Facepalm * If you are having a break

  13. TruthMediaRadio said

    Little higher? This and other circles, however, if you value as a circle, the current value is used in consideration of the phenomenal price of around. I’m British and I am lbs in our economic dire straights know there is still much more than Dollar. I, we are still in a recession, we want to say that an advantage than a dollar. It opened the way for a single global currency currency both face is to eventually destroy global government.

  14. Dragonfablemaniac said

    No, it’s falling apart. Remains higher than most.

  15. slickbtk said

    afriktoday couldnt except themselves better, Mabie has only the last 5 years

  16. nocomprehendere said

    You can do it!

  17. AFRIKTODAY said

    Ends Congress and the Senate of the Federal Reserve, 99% of fire, protect the rights of states, war on drugs, war and all foreign. 10 years from now, the U.S. will recover its position as soon as look at the world’s strongest economies. Mark my words!

  18. bigelkhorn said

    This video goes over look is part of myspacesecrets too long.

  19. olh1152 said

    Depression Hi, how long it took here. ftasei.Apolythei until the workers still unemployed, which holds the fort with his depression.

  20. cas111498 said

    We also obtained in this way to make cheap Chinese junk. Toys for Children points lead. Boycot China bought from Japan. We want our money back. ! Wal-Mart boycot fallapart.

  21. verymaddog said

    Value is incorrect broken record “compensation theory” does not hear an objection – has been a wonderful day.

  22. worthlessdollar1 said

    . . . A very unpleasant reality. For example say, “Even where a strong currency and exporter substitute”. So you, Why worry about France and Germany falling dollar against the euro so, or it faces ruin the dollar and British pound fell face Why Ireland? It explains how you can respond to my question. Because of it (I say that from the beginning), every dollar. 60 euros – and plunged pounds – from manufacturer ruin Western Europe.

  23. worthlessdollar1 said

    Concerned about the economic disaster, so why not? Democracy itself is a liberal democracy to the test defect Westen 200 years, live in this world can survive istorias.Thelete next chapter, China’s iron unless he lived from the command economy the power of the government? I was the last time this happened den.I, Roosevelt took the United States. Obama is no Roosevelt. In fact, even not by Kennedy. U.S. citizens have been executed before time employment policies quickly lost. . .

  24. verymaddog said

    “The U.S. external debt» hell yeah repayment of wishes. The devaluation of the dollar, runaway inflation, in order to deceive his creditors may have known of inflation. “How America Whether, again a major force of production and net exports, or “super power” is to destroy him. “What fact it probably is: how to fix the problem appears to be devalued to complain.

  25. worthlessdollar1 said

    . . . And employment services, or again become a major force of production and net exports of U.S. “superpower” to destroy him kyvernisis.Eite. Chinese students to reason, to Timoshigaitona he is “strong dollar” talk about laughing, China, inflation and the dollar completely, the last roll I know h is the consumer knows to have debt of the economy are ready. The game is over. China to pay off debts and devalued one, competing with death.