Peter Schiff of Euro Pacific Capital
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Peter Schiff: The Man Who Called The Collapse
Peter Schiff, President of Euro Pacific Capital. An expert on money, economic theory, and international investing. Peter is a highly recommended broker by many leading financial newsletters and investment advisory services. He is also a contributing commentator for Newsweek International and served as an economic advisor to the 2008 Ron Paul presidential campaign.
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How an Economy Grows and Why It Crashes
~ Peter D. Schiff (Author), Andrew J. Schiff (Author)
Perhaps even more frustrating than watching our economy being swallowed by runaway debt and government intervention is trying to explain the danger to friends, co-workers, and family members who are often disinterested, confused, or otherwise brainwashed by the talking heads on TV. I've been fighting this battle for years and it never gets any easier.
Unfortunately, most people suffer from the delusion that economics is too difficult to understand. Worse yet, many just consider it too boring, and would rather watch paint dry than read a book on the subject.
In order to get passed these hurdles, I have written a new illustrated book, entitled "How an Economy Grows and Why it Crashes," that presents these issues in a fun, no-nonsense manner that everyone can enjoy and understand.
Those who have seen me on television know that I rely on analogies to get my points across. This new book, which I co-wrote with my brother Andrew, is a 230 page allegory that imagines the United States as a small island initially inhabited by three people with stone-age skills and a subsistence economy. Using humor, tons of clever illustrations, and parodies of well-known politicians and economists, I use this simple island society to explain how an economy grows through savings, investment, and sound money, and why it crashes through excessive borrowing, spending, government debt, and inflation.
"How an Economy Grows and Why it Crashes" is an updated and re-imagined version of a book my father put out more than 25 years ago that has since become a cult classic among followers of free-market economics.
Unfortunately, most people suffer from the delusion that economics is too difficult to understand. Worse yet, many just consider it too boring, and would rather watch paint dry than read a book on the subject.
In order to get passed these hurdles, I have written a new illustrated book, entitled "How an Economy Grows and Why it Crashes," that presents these issues in a fun, no-nonsense manner that everyone can enjoy and understand.
Those who have seen me on television know that I rely on analogies to get my points across. This new book, which I co-wrote with my brother Andrew, is a 230 page allegory that imagines the United States as a small island initially inhabited by three people with stone-age skills and a subsistence economy. Using humor, tons of clever illustrations, and parodies of well-known politicians and economists, I use this simple island society to explain how an economy grows through savings, investment, and sound money, and why it crashes through excessive borrowing, spending, government debt, and inflation.
"How an Economy Grows and Why it Crashes" is an updated and re-imagined version of a book my father put out more than 25 years ago that has since become a cult classic among followers of free-market economics.
The Government Has Crossed the Line
by Peter Schiff March 21, 2010
Since Barack Obama took office last winter, the administration, Harry Reid and Nancy Pelosi have edged America closer to the brink of socialism with their bailouts of the banking and automobile industries, mind-blowing spending and appointment of czars to micro-manage America.
But yesterday, with the House passage of the Senate health care bill, the federal government officially crossed the line. The far left has socialized nearly one-fifth of the American economy and forced our health care under government control.
Liberals insist that Obamacare is the solution to every Americans' problems, rich or poor. But Washington has failed to correct the fundamental flaws of our medical system. Without addressing the root cause of health care's growing price tag, costs will continue to skyrocket, and consumers will be forced to dig further into their pocketbooks.
And that, my friend, is why I'm running for the United States Senate. No one in Congress - the Senate or the House - understands economics the way I do. And I can promise you, as Senator I will do everything and anything in my power to curb government spending and prevent further damage to the free market system that has brought America prosperity for so many generations.
But I need your support to get to Washington. Will you follow this link and make a contribution of $25, $50, $100, $250 or more to my campaign?
I foretold the economic collapse of 2008, and few heeded my warning. I hope for your sake and my own that our leaders listen this time. Obamacare will not solve the problems inherent in the American health care system and will only add to our economic troubles.
Socialism wasn't successful when the Soviet Union tried it; China had to open its markets to free trade to become economically viable; North Korea depends on foreign aid to feed its citizens. Why does Barack Obama think he can make socialism work in the United States of America?
Socializing medical insurance won't minimize costs, and health care's increasing financial weight will come to rest on the shoulders of each taxpayer for generations to come. I don't have to tell you that Americans cannot afford that! We need to cut taxes, not raise them. And we need to stop spending. The national debt is dangerously high and the only way to reduce it is to stop letting the federal government use your tax dollars to foot the bill.
Send me to Washington, and I will get our fiscal house in order. I will teach Congress the basic economic principles they need to know to govern responsibly, and I will make sure that your tax dollars are being spent responsibly. I'll also make sure that the government does not impinge on any more of your private freedoms. No more government-run anything, no more higher taxes and no more reckless spending.
So can I count on you to follow this link and give as generously as you are able to my campaign today?
Voice of Reason - Peter Schiff for Senate 2010
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- Peter Schiff: Fed's Pledge Cracks Dollar's Foundation
- By Peter Schiff 01/25/12 - 06:20 PM EST The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage. With its announcement today ...
- Peter Schiff Favors Ron Paul, Says Settle for Romney
- Breakout welcomed gold bug and die-hard fiscal conservative Peter Schiff of Euro Pacific Capital to give us his take on which of the presumptive nominees would be best for the American economy. In the attached tape Schiff is unequivocal: "Obviously I ...
- Peter Schiff's Critical Advice To Retirees (UUP, UDN, GLD, SLV, FXF, FXC, FXA)
- Dominique de Kevelioc de Bailleul: Speaking with Yahoo Breakout, Euro Pacific Capital CEO Peter Schiff chastised the Federal Reserve for maintaining ultra-low interest rates at the expense of retirees. But the outspoken critic of the Fed has a strategy ...
- HIGHLIGHTS: Peter Schiff Interviews Currency Wars Author James Rickards
- By Peter Schiff Both gentlemen agree that world is witnessing a "currency war" - competitive devaluation of currencies to steal export share. Schiff argues that the only way to win the game is not to play. Rickards says the euro is likely to come out ...
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- While running for the Republican presidential nomination, Rep. Ron Paul of Texas frequently sounded the alarm regarding the nation's fiscal health. Years ahead of the current economic crisis, Paul was questioning the nation's debt level, now an acutely pressing issue amid all the recent stock market volatility.
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- A financial information site with an emphasis on Gold and Preservation of Capital. --
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is President of Euro Pacific Capital, Inc. Mr. Schiff is one of the few non-biased investment advisors (not committed solely to the short side of the market. - The Lew Rockwell Show
- Covering the US government's economic depredations, police state enactments, and wars of aggression.
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- Rarely in this media controlled world do you ever find someone who is willing to expose the mainstream Wall Street pundits and the games they play with other people's money...
- Ignorance of Money and the Rejection of Austrian Economics by William L. Anderson
- Ignorance of Money and the Rejection of Austrian Economics by William L. Anderson
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- Mr. Schiff is one of the few non-biased investment advisors (not committed solely to the short side of the market) to have correctly called the current bear market before it began and to have positioned his clients accordingly.
- Schiff For Senate 2010
- Schiff could provide a force to push issues that the Senate currently doesn't even consider. In a Senate of only 100 members, Schiff's vote would be powerful, and with a large grassroots following behind him, Americans can finally have a voice within the Senate elite.
- Peter Schiff is asked if he would run for SENATE in 2010
- This video is supported and paid for by the Political Exploration and Awareness Committee (PEAC), an Independent Expenditures Committee and is not officially endorsed by Peter Schiff.
- Email FOX News to End the Blackout of Peter Schiff
- The National Inflation Association would like to take this opportunity to urgently ask its members to email FOX News about the candidacy of Peter Schiff.
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cmelinker
Sep 23, 2011 @ 2:35 am | delete
- Get tips on USMLE 1, compare cme and board reviews in your specialty and find more healthcare audio to help you succeed in licensing examination!
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crosscreations
Feb 3, 2011 @ 2:55 pm | delete
- We're on the same wavelength with this topic, great info about Peter Schiff and his dad, and also Glenn Beck. Faved, fanned & lensrolled to 'confessions of an economic hitman'... and sprinkles of angel dust left too. Best to YOU! :-)
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TapIn2U Dec 5, 2010 @ 7:49 pm | delete
- Great, informative lens! The dollar has really hit some lows in the recent years but many are still hoping we'd bounce back. Hey, your Tweets were one of the ones I followed from Twitter when I found Squidoo. I have just finished my first Lens and now have great ideas to add thanks to you. Sundae ;-)
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JoanneOtt
Oct 11, 2010 @ 3:25 am | delete
- I'm sorry he didn't win the primary, but hopefully he will run again. He sounds like a brilliant man.
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retakecongress
Aug 8, 2009 @ 6:43 pm | delete
- Peter Schiff has Shattered the fundraising record for largest amount ever raised in CT. by a Senatorial Candidate in one Month
For Immediate Release:
Contact: PR@ReTakeCongress.com:
The Freedom Movement and Schiff Supporters Rocked the State of Connecticut on Aug. 7th 2009.
There's Big News in the Schiff camp tonight!! Thanks to all of the patriots who donated, Peter Schiff's Fundraising Widget at www.schiffathon.com is showing over 759,000 has been raised in less than 30 day since Schiff announced his exploratory committee in mid July making Peter Schiff The top fundraiser in the GOP race for senate in . Today, Peter Schiff sent a big message to the GOP and to Chris Dodd.
ReTake Congress and Revolution Broadcasting promoted the Schiff_A_Thon fundraiser using a huge network of grassroots support. www.retakecongress.com and www.revolutionbroadcasting.com
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