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Peter Schiff Quotes


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Quotes by Peter Schiff

Showing 1-10 of 33 Quotes by Peter Schiff

The American middle class used to be envy of the world. It was a byproduct of economic freedom. We had a very dynamic free-market economy and limited government. People were out there pursuing their own self-interest and creating employment opportunities.

~Peter Schiff

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In a free market, businesses compete for customers by keeping prices down and for labor by keeping wages up.

~Peter Schiff

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You don't help the economy by spending money.

~Peter Schiff

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The government can't create jobs; they'll destroy jobs trying to do it. The government doesn't have any money; all they have is a printing press. We need to free markets to create jobs; if the government wants to help, they should reduce their burden on the economy.

~Peter Schiff

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Gold actually has properties - you can use gold for all sorts of things. People value gold for the metal. Nobody values bitcoin for the bitcoin; they value it because they believe that they can exchange it for something else.

~Peter Schiff

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The Fed is the biggest enemy of this economy. In fact, Ben Bernanke, as far as I'm concerned, he's public enemy No. 1. We're never going to have a recovery while this guy's in charge.

~Peter Schiff

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Trade deficits are OK under certain circumstance. 1. An emerging nation imports capital goods necessary to enhance its productivity. 2. A developed nation, with a current account surplus, uses some of its investment income to finance the purchases of additional consumer goods from abroad.

~Peter Schiff

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I would say to people of a libertarian conservative position on an issue, do not do a taped interview. You're going to come out looking really bad. No matter what you say, no matter how eloquently you answer a question, your answer is not going to be what you said.

~Peter Schiff

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Wal-Mart creates entry level jobs for people who don't have a lot of skills; those jobs don't pay a lot.

~Peter Schiff

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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.

~Peter Schiff

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Biography

Nationality: American

Type: Businessman

Born: March 23rd, 1963

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