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    Peter Schiff: The People Who Don’t Get Out of the Dollar Are Going to Be Broke

    Mac Slavo
    October 27th, 2009
    SHTFplan.com
    Comments (3)
    Read by 980 people

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

    They’re going to print money until they revive the economy. You can’t revive the economy by printing money. They’re going to suffocate it to death. It’s going to die by hyperinflation.

    UPDATE 10-31-09: SHTFplan visitor ‘Suddenly’ has advised this is a 2008 video. We apologize for any confusion this has caused.

    Listen to Peter Schiff discussing the dollar:

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    Author: Mac Slavo
    Views: Read by 980 people
    Date: October 27th, 2009
    Website: www.SHTFplan.com

    Copyright Information: Copyright SHTFplan and Mac Slavo. This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to www.shtfplan.com. Please contact us for permission to reproduce this content in other media formats.

    3 Comments...

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    1. Johnny Mellgren says:
      October 28, 2009 at 3:54 am

      Thanks! Keep up the good work!

    2. Suddenly says:
      October 31, 2009 at 12:15 am

      This Schiff video is from 2008. He’s talking about 30-yr treasuries 2.6%. Today, a year later, they are at 4.37%. Today, a year later, the US dollar is still alive. The hysteria is not helpful.

    3. Mac Slavo says:
      October 31, 2009 at 8:24 am

      Suddenly, thanks for the date update on this. This was apparently reposted on 10-24-09. I had checked several sources and the interview looked as if it was a new one.

      My apologies to those who listened thinking this one was a recent October 2009 vid.

      Sometimes it’s very difficult to verify the actual interview dates because sources are often not cited on these.

    		  

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