Top 22 Peter Schiff Quotes (STOCK BROKER)

Top 10 Most Famous Peter Schiff Quotes (BEST)

“Gold actually has properties – you can use gold for all sorts of things. People value gold for the metal. Nobody values bitcoin for the bitcoin; they value it because they believe that they can exchange it for something else.”
Peter Schiff

Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power. — Printing **money** is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power.

My investment advice is rooted in my understanding of economics.

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. — 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.

The United States is like the Titanic, and I'm here with the lifeboat trying to get people to leave the ship… I see a real financial crisis coming for the United States. — The United States is like the **Titanic**, and I’m here with the lifeboat trying to get people to leave the ship… I see a real financial crisis coming for the United States.

“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.”
Peter Schiff

Greed is normally balanced by fear. — Greed is normally balanced by **fear**.

It is production that creates purchasing power, not the printing press!

What got us out of the depression was capitalism, and we would have gotten out a lot quicker had the government not intervened. — What got us out of the **depression** was capitalism, and we would have gotten out a lot quicker had the government not intervened.

Printing money creates inflation, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles. — Printing **money** creates **inflation**, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles.

10 Wise Peter Schiff Quotes on Money and Economics (WISDOM)

“The U.S. dollar is in terminal decline. America is tragically bankrupt, unable to pay its lenders without printing the dollars to do so, and enmeshed in an economic depression. The clock is ticking until the dollar faces a crisis of confidence like every other bubble before it.”
Peter Schiff

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.

You don't drive an economy by consuming - the consumer is not the engine, the consumer is the caboose. — You don’t drive an economy by consuming – the consumer is not the engine, the consumer is the caboose.

In a free market, businesses compete for customers by keeping prices down and for labor by keeping wages up.

The Fed is the biggest enemy of this economy.

Wall Street is in trouble because Main Street is broke.

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. — 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.

Keynesians are to economics what witch doctors are to medicine.

Minimum wage laws make it illegal for a worker to accept a job that pays less, even if the worker needs that job.

“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.”
Peter Schiff