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Quote by Peter Schiff

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

Quote by Peter Schiff

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Peter Schiff
Peter Schiff

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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“Gold has intrinsic value. The problem with the dollar is it has no intrinsic value. And if the Federal Reserve is going to spend trillions of them to buy up all these bad mortgages and all other kinds of bad debt, the dollar is going to lose all of its value. Gold will store its value, and you'll always be able to buy more food with your gold.”

IfsKindProblemAbleValuesLosesGoldDollarsDebtStoresReservesMortgageFederal ReserveIntrinsic Value
Author:Peter Schiff
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