"The fact that Moody's can make such an asinine statement shows you the truth behind that organization. And that's why Moody's was putting triple-A ratings on mortgage-backed securities that went to ZERO. Because that's about how much credibility Moody's has in the ratings world...and that's ZERO." ... https://www.youtube.com/watch?v=QJXk8L22ACg
Peter Schiff and Laura Ingraham discuss the failure of Silicon Valley Bank and how low interest rates and bailouts are leading to out of control inflation. Recorded 3/14/23 on Fox News Ingraham Angle.
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#economy #SVB #inflation
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https://www.youtube.com/watch?v=ZKmnT6XI8qs
Guests: Schiff, Peter Schiff, Euro Pacific Capital, Cheryl Casone, Fox Business Now, Gary B. Smith, Exemplar Capital, Tobin Smith
Peter Schiff: "I think it shows you that the average American is not paying attention to these phony government numbers that you guys are looking at. They're living in the real world. In reality, the cost of living is rising far faster than the government's phony inflation numbers."
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https://www.youtube.com/watch?v=JolE7CUUll4
One proposed solution to Greece’s European debt problem is for the Mediterranean country to abandon the euro and resurrect its old currency, the drachma. In his April Gold Videocast, Peter Schiff explains why a new drachma would be ideal for Greek politicians, but a disaster for Greek citizens and creditors. Peter also reveals why the United States faces the same debt dilemma as Greece. There’s just one major difference – the US already has a currency it can devalue.
Find a full transcript at Peter Schiff's Gold News:
http://bit.ly/1CV4isA
0:19 – Greece gave up the drachma for the euro, so why would it re-adopt its old currency?
0:55 – Greek politicians knew they could borrow more money in euros than they could in drachmas, which is why Greece now has a debt problem.
2:05 – The Greek economy has failed, and Greece has two choices of how to default on its obligations.
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https://www.youtube.com/watch?v=8KEVY1wwtlE
Two points I forgot to make:
1. When the media references the convenience store robbery, they always say that Brown allegedly robbed the store, despite the fact that the video clearly shows that he did in fact rob the store, and was in possession of the stolen cigars when first confronted by the officer. Yet the same media has already tried and convicted officer Darren Wilson with far less evidence.
2. In an eyewitness account that was related first hand to a bystander arriving on the scene shortly after the shooting, and which was recorded in the background of video released on YouTube, the eyewitness claims that as Brown charged the officer, the officer kept shooting and missing Brown, who continued to charge the officer despite being shot at. Unknown to the witness was that the officer was not missing, but repeatedly hit Brown in the arm. The witness just assumed the officer was missing as brown kept charging!
Also, a third point that I did make later in the show was the emphasis being placed on the fact that Brown was unarmed when he was shot, as if his being unarmed meant that he was not a threat. He was 6’4’, 293 lbs. He did not need to be armed to be dangerous, especially since he had already gone for the policeman’s gun once, the policeman had every reason to believe that he would do so again. It's just like Trayvon Martin’s being unarmed did not stop him from beating George Zimmerman and bashing his head into the concrete.
In addition, I just read that in the officer's account, when Brown first turned around he did in fact raise his hands above his head, and asked “what are you going to do shoot me?” prior to his charging the officer. However, the officer did not fire until the charge began and Brown’s arms where no longer above his head. However this is likely where the hand raising narrative began. But he did not raise his hands to surrender, but to taunt the officer he was about to charge.
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https://www.youtube.com/watch?v=M6EjZd15fRE
Peter Schiff on RT 6/19/2019
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https://www.youtube.com/watch?v=OmmSSu3XC7c
Schiff Report Video Blog August 20th 2011
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https://www.youtube.com/watch?v=9O-k5MX0EI0
CPI data heavily contradicts Fed’s transitory inflation narrative.
Reagan was more popular during a recession than Biden is during this “booming” economy.
The government has too much money on the line not to lie about inflation.
Media’s bias taints their inflation reporting.
Federal Reserve can print money, but they can’t print stuff.
Biden’s Build Back Better plan would have even Keynes rolling in his grave.
Biden considers releasing US strategic oil reserves to China.
Consumer sentiment plunges.
Gold price surges.
Fed won’t try to fight inflation because it will reveal their weak position.
Fed’s policy: Speak loudly when you have no stick.
Falling dollar will be the next domino to fall.
Record number of Americans tell their employer to take job and shove it.
Bitcoin whales conning institutions and bribing politicians.
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https://www.youtube.com/watch?v=p-clJRj_WuA
The Peter Schiff Show Podcast - Episode 271
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Obamacare Repeal Charade Over
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https://www.youtube.com/watch?v=22flW4NmTv4