Peter Schiff

Businessman

33 Quotes

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.

The only thing I can do with my bitcoin is give it to somebody else.

You don't help the economy by spending money.

Wall Street is in trouble because Main Street is broke.

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

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.

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

The one place that bitcoins seem to be used as money is in crime.

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.

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.

Gold has worked for thousands of years, but now with the Internet, it works even better.

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

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.

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