adulby (November 30, 1999 at 12:00 am)

I have a morbid fascination with Monetary Policy...key word "morbid". lol

kardentyrell (November 30, 1999 at 12:00 am)

@lonnwill2 that depends if the government is going to interfear with the market, once again...

sidewinderguy (November 30, 1999 at 12:00 am)

No, you are incorrect. I just read the Wikipedia article on Hoover. He proposed all kinds of inane policies that Schiff would be totally against. This is a false comparison.

lonnwill2 (November 30, 1999 at 12:00 am)

mr.schiff would it be safe to assume that as inflation rises we could actually see food rationing in America? With the cuts in production and the scarcity of resources it seems like a possibility.

willwillp (November 30, 1999 at 12:00 am)

Inflation is caused by printing money and expanding credit. Greenspan cut the rate back in 2001 and created a stock market, housing, commodities bubble through too much credit. And since it was all imaginary gains, it will deflate. Sure, they are printing $ now to keep the bubble alive, but guess what? there is no credit (at least not crazy credit like there was in the 2000's.) And at this point they can't print enough money to compensate for it.

catharthic (November 30, 1999 at 12:00 am)

how so? im debating buying silver

Straightsix76 (November 30, 1999 at 12:00 am)

precious metals are saying inflation ahead

shahen13 (November 30, 1999 at 12:00 am)

Google "Hooverville" - you will see that Schiff is proposing exactly what Hoover did and what prolonged the great depression. Peter Schiff is really stupid and I can't believe how many people are falling for his bullshit.

judutchinski (November 30, 1999 at 12:00 am)

Don't pull that ad-hominim shit shahen13. Peter is not a loser. you are. Otherwise speak the fuck up and tell us otherwise, then back it up.

firewallsniper (November 30, 1999 at 12:00 am)

Look at everyone Else's investments everyone's investments are down. except for the ones that manipulate the stock markets .. continue to live in your fantasy world because you are the unteachable. We have nothing to back up the dollar this is going to end up being worse then the 20s we had manufacturing back then . we have none now.