It’s inflation. If the government creates money prices have to rise to compensate for the loss of value for our money. So what’s going to happen is people are going to buy a lot less stuff, but the stuff they buy is going to cost a lot more money.

We, as a country, have lived a life of excess. Be it with buying expensive homes or cars, or racking up credit card debt for inferior goods made in China, or rocketing our national debt, we have spent too much. This was an upward, self reinforcing price spiral and now it has reversed course.

If you are saving money, the intention of the Federal Reserve and powers-that-be is to wipe you out. Recommendation: Put your money into a hard asset or two.

US consumers, already getting hit hard with permanent job losses that are never coming back, wage decreases, and depreciating real estate prices, understand that with their current debt load, most will never be able to pay back the money they owe. So, instead of defaulting on their debt with available credit remaining on their cards, they’ve decided to max out those cards before they stop paying.

Featuring well known trend forecaster Gerald Celente and economic analyst Peter Schiff, this movie explains not only what led to the bursting of the housing and economic bubbles of 2008/2009, but what we can expect next, as governments have ramped up spending and money printing amounting to trillions upon trillions of dollars.

Peter Schiff, founder of Euro Pacific Capital and soon to be gold dealer Euro Pacific Precious Metals, did his own research, and determined that Goldline was charging at least 67% “commission” for gold coins that his company offers for just 2% above the spot price.

Billionaire financier George Soros warns that we are creating another environment which will inevitably lead to a crash, but this time, it won’t be just stock markets and it will be an even bigger boom and bust than the recent credit crisis.

Connecticut candidate for Senate Peter Schiff was facing some strong opposition with incumbent and 30 year veteran of Congress Chris Dodd.

Peter Schiff on CNBC’s Fast Money November 26, 2009, discusses gold, the US Dollar and some US stocks that he owns.

On Sunday November 22, 2009, Peter Schiff joined St. Louis Fed President James Bullard and former Fed Vice Chair Alan Blinder at an event in New York. Business Today was there to record the event.

The longer the peg is maintained, the more indebted we become, the more out of balance our economy grows, and the more our industrial base shrivels.

Senate candidate Peter Schiff discusses gold, silver, the Dow Jones, and President Obama’s visit to Asia in his November 16, 2009 Video Blog.

Peter Schiff on October 23, 2009, warning, like Marc Faber has recently, that the long-term trend for the dollar is essentially a slow death.

Those who do cling to the absurd belief that, absent exponential productivity gains, the economy can expand while workers are being laid off will undergo a massive test of their convictions now that it’s clear the employment picture is bleak.

Schiff is definitely not your typical red or blue Koolaid drinker, though he is running as a Republican for his Congressional seat against incumbent Chris Dodd, who should be somewhat worried about his job. Schiff worked as an advisor to Ron Paul during the 2008 Presidential election and has a strong grass roots campaign already working for him.

Peter Schiff on The Kudlow Report September 21, 2009. A good debate between the bulls (Kudlow and Jeff Kleintop) and an ultra-bear (Schiff) on the US economy.

This morning, Peter Schiff, President of Euro Pacific Capital, launched a new Mutual Fund called the EPH China Fund.

Peter Schiff joins Fox Business on August 19, 2009 to discuss the US Dollar, inflation and governmental policies.

Peter Schiff joins Newsmax.com on August 18, 2009 to discuss the US Economy, Global economies and politics.

Euro Pacific Capital CEO Peter Schiff in his daily video blog discusses the global market rally, the end of the recession, and the real economy.

Peter Schiff joins Dennis Kneale and others on CNBC July 24, 2009.

Mike Stathis suggests Peter Schiff: Wrong on the Economy, Wrong on Healthcare , and includes Faber, Rogers and ‘other lackeys’ in his assessment.

Peter Schiff argues that money printing will lead to prices increases across the board, and high inflation for the US Dollar.

Peter Schiff joins Jon Stewart on the Daily Show June 10, 2009.

Peter Schiff on CNBC Squawk on the Street June 8, 2009 discusses national debt, Argentina and the potential for default on National debt.