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Peter Schiff Quotes


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Quotes by Peter Schiff

Showing 21-30 of 33 Quotes by Peter Schiff

To get great again, we need to recreate what made us great in the first place, and so we're going to have to let interest rates go up.

~Peter Schiff

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We had a very upwardly mobile economy, and that peaked around the 1950s when the typical middle-class American family consisted of a father with a job and stay-at-home mom who took care of the kids.

~Peter Schiff

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The middle class today would be poor by the standards of the 1950s. Today, with two people working, they would still live paycheck to paycheck.

~Peter Schiff

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Remember 'The Brady Bunch' TV show? That 1970s family had a full-time live-in housekeeper called Alice. Mrs. Brady worked at the PTA and did community work. She didn't clean her own house. That was middle class. Now you have to be very rich to employ a housekeeper. Everything it meant to be middle class has changed dramatically.

~Peter Schiff

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That's what's really bothering me about Trump is the hypocrisy, because when Trump was a candidate, and he got elected - because, by and large, he told the truth about the phony nature of the recovery.

~Peter Schiff

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When Trump was a candidate, he talked about the stock market, because, oh, the stock market was going up when Obama was president.

~Peter Schiff

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My investment advice is rooted in my understanding of economics.

~Peter Schiff

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The market needs to set prices, including interest rates and allocate resources. If it were up to me, we would abolish the Fed and return to the gold standard. Absent that, the Fed should be completely removed from the political sphere, its dual mandate replaced by a single mission to provide the nation with sound money.

~Peter Schiff

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There is no such thing as agflation. Rising commodity prices, or increases in any prices, do not cause inflation. Inflation is what causes prices to rise. Of course, in market economies, prices for individual goods and services rise and fall based on changes in supply and demand, but it is only through inflation that prices rise in aggregate.

~Peter Schiff

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Every time the market has corrected, since 2008, it's always been the Fed that's made the bottom. The Fed has always saved the market either by cutting rates, launching QE, or threatening to launch another round of QE.

~Peter Schiff

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Biography

Nationality: American

Type: Businessman

Born: March 23rd, 1963

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