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Quote by Peter Schiff

“It can be argued that the U.S. brokerage and investment banking industry has transformed the modern American stock market into nothing more than a mechanism for transferring wealth from shareholders to management.”

Quote by Peter Schiff

Book:Crash Proof 2.0: How to Profit From the Economic Collapse

Work

Crash Proof 2.0: How to Profit From the Economic Collapse

This book provides insights and investment strategies aimed at capitalizing on economic crises. more

Author

Peter Schiff is an American author, economist, and financial commentator. He is recognized for his bearish outlook on the U.S. economy and for predicting the 2008 financial crisis. Schiff has written several books on economics and finance, and has been a regular guest on various financial news programs. more

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“Mutual funds are an overrated investment heavily promoted by Wall Street.”

Streets Wall Investment Fund Mutual Overrated Mutual Fund

Book:Crash Proof 2.0: How to Profit From the Economic Collapse

Source: Crash Proof 2.0: How to Profit From the Economic Collapse

“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.”

Ifs Running Loses Loss Mistake Cutting Balance Taxes Bigger Presses Entrepreneur Checks Appropriate More Money Pits Printing Printing Press

Author:Peter Schiff

“When private industry makes a mistake, it gets corrected and goes away. As governments make mistakes, it gets bigger, bigger and bigger and they make more, more and more because as they run out of money, they just ask for more and so they get rewarded for making mistakes. In the meantime that is exactly what we are doing by subsidizing companies which are failing, we have a reverse Darwinism, we've got survival of the unfittest, the companies and people that have made terrible mistakes are being rewarded and other people are being punished and being taxed.”

People Made Government Running Asks Mistake Company Failing Industry Terrible Survival Bigger Making Mistakes Reverse Darwinism

Author:Peter Schiff

“The real bubble in China is in US Treasuries, in US dollars.”

Real Dollars China Bubbles Treasury Us Treasury

Author:Peter Schiff

“There is a view that jazz is 'evil' because it comes from evil people, but actually the greatest priests on 52nd Street and on the streets of New York City were the musicians. They were doing the greatest healing work. They knew how to punch through music that would cure and make people feel good.”

People Feels Evil Views Cities Healing Streets New York Musician Jazz Feel Good Cures Priests New York City Evil People

Author:Garth Hudson

“The Holy Spirit would lead us to think much upon our own sins . It is a dangerous thing for us to dwell upon the imperfections of others.”

Thinking Spirit Sin Dangerous Holy Judgment Holy Spirit Imperfection Dangerous Things

Book:A Pastor's Sketches: Or, Conversations with Anxious Inquirers Respecting the Way of Salvation

Source: A Pastor's Sketches: Or, Conversations with Anxious Inquirers Respecting the Way of Salvation

“You must make your choice whether to hold on to some thing which cannot save you, or let go, and fall into the hands of the Lord.”

Hands Choices Fall Lord Letting Go

Author:Ichabod Spencer

“There are multitudes in our congregations who are just waiting while they ought to be acting. They must work, if they would have God work in them. There can be no religion without obedience.”

Ifs Waiting Acting Ought Obedience Multitudes Congregation

Book:A pastor's sketches: or, Conversations with anxious inquirers respecting the way of salvation. With an intr. and ed. notes, by J.A. James

Source: A pastor's sketches: or, Conversations with anxious inquirers respecting the way of salvation. With an intr. and ed. notes, by J.A. James

“The internet was supposed to homogenize everyone by connecting us all. Instead what it's allowed is silos of interest.”

Interest Internet Connecting

Author:Seth Godin

“My observation continues to confirm me more and more in the opinion, that to experience religion is to experience the truth of the great doctrines of Divine grace.”

Opinion Grace Divine Doctrine Observation Divine Grace

Book:A PASTOR'S SKETCHES

Source: A PASTOR'S SKETCHES