Peter Schiff

Quotes

• “I'm not saying it wasn't a crime. I just saying it's not pedophilia. When I was in college I had sex with under age girls. That doesn't make me a pedophile.”
• “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.”
• “The real bubble in China is in US Treasuries, in US dollars.”
• “[Consumer credit] is like giving yourself a blood transfusion from your left arm to your right. Nothing is accomplished, except the possibility of spilling blood on the floor. But it's not even that benign.”
• “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.”
• “Too many people in Connecticut are struggling right now, and the last thing we need is meddling politicians making things worse. Only by cutting deficit spending, reducing burdensome regulations, and letting people keep more of their hard-earned dollars will we get our economy back on track.”

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Wikidata facts

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Peter Schiff by Gage Skidmore.jpg

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