Peter Schiff: The Whole Bubble Economy Will Implode
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Yesterday, on CNBC’s Squawk Box, Peter Schiff explained how the Fed’s stimulus has only delayed the real recession that will ultimately trigger a dollar collapse, and why Japan is stewing in the same brew of bad money.
“The bottom will drop out of the dollar. The US dollar is going to lose a lot of value. Not only against goods, but against other fiat currencies. The dollar is going to go down, that’s going to push prices up higher in the United States, consumer prices. Eventually the fed is going to have to turn off the presses in order to save the dollar and that’s when the real fun begins, because that’s when this whole bubble economy implodes…”
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maybe then the American public will wake up, by then it will be too late I guess
What a joke, the fed is not stimulating our US Economy.
The foreign owned Federal Reserve Bank of New York is counterfeiting 40 billion US Dollars every month and laundering the money through foreign banks like the Deustch Bank by buying American Mortgages and shipping them overseas to governments that make it legal to steal the mortgages from Americans.
There are 57 Hitler Like Dictators that all want to cause an economic collapse in America to bring in a Hitler Like Dictatorship so they can steal American’s possessions. Each of these Hitler Like Dictators make it legal for any of their citizens to steal any American’s property and keep it. Each of these Hitler Like Dictators, many of whom own the Federal Reserve Bank of New York, mandate that every one of their citizens must war on Americans. Each of these Hitler Like Dictators make it legal to kill any American in the street and keep their possessions as spoils of war.
These 57 Hitler Like Dictators are all members of the Organization of Islamic Cooperation.
They fund terrorism in the US and fund the Federal Reserve Bank of New York’s trying to cause an economic collapse in the US. They follow Hitler’s plan exactly:
Hitler always did the same thing to convert a republic into a Hitler Like Dictatorship to steal the victim’s property:
1) Hitler registered guns, later he had Brownshirts take the guns
2) Hitler took away his victim’s civil rights
3) Hitler caused an economic collapse by government overspending and counterfeiting exactly as the Federal Reserve Bank of New York is doing.
So goes the end times, this is just part of a total control by the elitists. But to bad for them God is the one that is in control.
PEOPLE! START TO LISTEN & LISTEN GOOD! THIS IS WHATS HAPPENING!
New Century Version – Dan 8:23-25
“When the end comes near for those kingdoms, a bold and cruel king who tells lies will come. This will happen when many people have turned against God.24 This king will be very powerful, but his power will not come from himself. He will cause terrible destruction and will be successful in everything he does. He will destroy powerful people and even God’s holy people.25 This king will succeed by using lies and force. He will think that he is very important. He will destroy many people without warning; he will try to fight even the Prince of princes! But that cruel king will be destroyed, and not by human power.”
i been getting ready for this since OBOZO took office . i feel sorry for those who arent ready .
I think the overwhelming power of stupid will keep on marching on till everything collapses and people start eating each other…again!
It will eventually, and when it does it will be bad. Government is just lucky that people haven’t noticed the 40% loss in the dollar’s purchasing power over the last 4 or 5 years. Most might notice that the dollar doesn’t buy as much at the grocery anymore, but don’t make the connection and don’t worry because the stock market is going up.
Yes the portions are getting smaller all the time, but it dosn’t seem to get noticed by the sheeple does it?
I don’t feel sorry for them either. They’ve had years to wise up and all they do is go on vacation, eat out every Friday, and buy a new car every year.
Well I guess it was fun while it lasted for them. I’ve spent the last 4 years prepping; that means no vacations, new cars, or any other creature comforts, I have a duty to see to it that my family is taken care of, and I take that duty very seriously. Non preppers need not come looking for any handouts from me.
Hey elitists and NWO operatives, when the heck is this economic collapse supposed to go down anyway? Can’t you all hurry things along a little? This is getting boring. You all are like the Yankee Generals during the Civil War, wait more troops needed, no, wait some more. More troops! Enough already, lets get this show on the road. ‘Lincoln’ is turning over in his grave at the remembrance. Yankee political Generals, all of you.
When they have all thier ducks in a row it will come down so hard you won’t believe what’s happning.
What is happening with the Cabal?
Pay attention to the 4th week in May.
If Los Angeles still exists by the end of 2013, then maybe the Cabal will force a US economic downturn.