Quotessence
Home / Authors / Peter Schiff
Peter Schiff

Peter Schiff Quotes

Author

Filter quotes by topic

AllGoldPrintingDollarsGovernmentEconomyPeopleThinkingIfsCurrencyDebtRealValuesGivingPayPrinting MoneyBubblesBuyingCountryCreditFeds

Famous Peter Schiff Quotes

“There are no checks and balances if the gov is wrong. If a private entrepreneur makes a mistake, he goes bankrupt, the losses are cut; if he bets wrong, he loses; if the gov bets wrong, they just get bigger, they just appropriate more money. It's a bottomless pit, because they either get it from the tax payers or run it off a printing press.”

IfsRunningLosesLossMistakeCuttingBalanceTaxesBiggerPressesEntrepreneurChecksAppropriateMore MoneyPitsPrintingPrinting Press
Author:Peter Schiff
Create image

“Most governments, not all of them, but most, certainly don't want their citizens using gold. They want them in the currency that they are creating. When they are debasing money, or printing money, they are spending it and they want it to have as much value as possible when they originally spend it. Of course once they spend it, it will lose value for them and everyone else that holds it. But they need demand for their currency. They need as many people as possible holding it and transacting it. The more people that use gold, the harder it makes it.”

PeopleValuesGoldCurrencyPrinting
Author:Peter Schiff
Create image