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Peter Schiff Quotes


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Quotes by Peter Schiff

Showing 11-20 of 33 Quotes by Peter Schiff

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.

~Peter Schiff

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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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When the dollar collapses, it's not doing it in a vacuum. If the dollar loses value, it's doing so relative to some other currency. So the purchasing power that we lose, somebody else gets.

~Peter Schiff

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Wall Street is in trouble because Main Street is broke.

~Peter Schiff

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Gold has intrinsic value. The problem with the dollar is it has no intrinsic value. And if the Federal Reserve is going to spend trillions of them to buy up all these bad mortgages and all other kinds of bad debt, the dollar is going to lose all of its value. Gold will store its value, and you'll always be able to buy more food with your gold.

~Peter Schiff

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Greed is normally balanced by fear.

~Peter Schiff

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I don't want the technology of the 1950s, but I want the free market of the 1950s.

~Peter Schiff

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What got us out of the depression was capitalism, and we would have gotten out a lot quicker had the government not intervened.

~Peter Schiff

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The left-wing agenda wants us to think that the reason there was a depression was because the government didn't do anything. That's not true.

~Peter Schiff

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My mother always taught me that two wrongs don't make a right. We shouldn't bail out Wall Street. We shouldn't bail out Detroit. It will cost the economy more than the cost of the bailout which is more than the politicians think. We'll run into the hundred of millions to prop these companies up.

~Peter Schiff

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Biography

Nationality: American

Type: Businessman

Born: March 23rd, 1963

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