Phrase by '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.
Author: Peter Schiff - American BusinessmanValue , Doing , Lose , Power
Wall Street is in trouble because Main Street is broke.
Author: Peter Schiff - American BusinessmanBecause , Trouble , Street , Wall
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.
Author: Peter Schiff - American BusinessmanYou , Value , Lose , Food
I don't want the technology of the 1950s, but I want the free market of the 1950s.
Author: Peter Schiff - American BusinessmanWant , Free , Technology , 1950s
What got us out of the depression was capitalism, and we would have gotten out a lot quicker had the government not intervened.
Author: Peter Schiff - American BusinessmanDepression , Us , Capitalism , Government
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.
Author: Peter Schiff - American BusinessmanDepression , Think , True , Government
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.
Author: Peter Schiff - American BusinessmanHelp , Money , Free , Government
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.
Author: Peter Schiff - American BusinessmanMe , Think , Mother , Street
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.
Author: Peter Schiff - American BusinessmanNeed , Great , Place , Us
You don't help the economy by spending money.
Author: Peter Schiff - American BusinessmanYou , Help , Money , Economy
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