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 mon…"

"What America has succeeded in creating is not an economy impervious to shocks, but merely one which enables their consequences to be postponed to a later date."

"While we’ve been buying time, things have gone from bad to worse. We have debased our currency so much it is already beyond control. We just haven’t felt the full impact yet because we have had massiv…"

"… it is precisely because it is not a democracy that China will likely be so successful...What is of vital importance for economic success is economic freedom, meaning the protection of private proper…"

"Real economic growth emanates from increased productivity, which tends to hold prices down."

"One of the biggest attractions of the euro is that it is seen as the most likely candidate to replace the dollar as the reserve currency."

"Today, of course, our current inflation problem is firmly rooted in the irresponsible monetary policies of maestro Greenspan."

"Legitimate economic expansions, financed by actual savings, do not need busts. It is only the inflation-induced varieties that sow the seeds of their own destruction."