Phrase by 'Peter Schiff'
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Greed is normally balanced by fear.
Author: Peter Schiff - American BusinessmanFear , Greed , Balanced , Normally
We had a very upwardly mobile economy, and that peaked around the 1950s when the typical middle-class American family consisted of a father with a job and stay-at-home mom who took care of the kids.
Author: Peter Schiff - American BusinessmanMom , Family , Father , Job
At some point, the dollar has to give. You can't just keep printing money, and monetizing debt, and buying bonds, without the dollar imploding.
Author: Peter Schiff - American BusinessmanYou , Money , Some , Without
The middle class today would be poor by the standards of the 1950s. Today, with two people working, they would still live paycheck to paycheck.
Author: Peter Schiff - American BusinessmanPeople , Live , Today , Poor
When Trump was a candidate, he talked about the stock market, because, oh, the stock market was going up when Obama was president.
Author: Peter Schiff - American BusinessmanUp , President , Candidate , Stock Market
Trade deficits are OK under certain circumstance. 1. An emerging nation imports capital goods necessary to enhance its productivity. 2. A developed nation, with a current account surplus, uses some of its investment income to finance the purchases of additional consumer goods from abroad.
Author: Peter Schiff - American BusinessmanSome , Nation , Finance , Investment
In a free market, businesses compete for customers by keeping prices down and for labor by keeping wages up.
Author: Peter Schiff - American BusinessmanUp , Free , Down , Labor
The Fed is the biggest enemy of this economy. In fact, Ben Bernanke, as far as I'm concerned, he's public enemy No. 1. We're never going to have a recovery while this guy's in charge.
Author: Peter Schiff - American BusinessmanNever , Guy , Enemy , Recovery
One day we're going to look back at $1,700 with nostalgia. People are going to be shocked at how inexpensive gold was when it could be snapped up for such a bargain price.
Author: Peter Schiff - American BusinessmanLook , People , Day , Gold
People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it.
Author: Peter Schiff - American BusinessmanYou , People , Money , Power
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