Comments by "TommyJ" (@ImperiumLibertas) on "Peter Schiff" channel.

  1. I hate this administration. Acting like one month of no inflation is a win when in reality this economy is on life support and the damage is permanent.
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  2. One thing that is unfortunate about Peter is that since he profits from the gold market through his gold business I cannot take what he says as unbiased.
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  3. When housing prices drop below mortgages it makes no sense for home owners to pay their mortgage since it's cheaper to default and live in the house for years before eviction. The question is, will inflation keep home prices higher than the current mortgages as the housing market comes down. It's a spiral though, if inflation raises home prices with high interest rates it'll eventually hit a rock bottom when people can't afford to pay their bills or put money into the market contracting the economy further. The ONLY way to truly stop this tainwreck is for Congress to stop deficit spending and adopt a fiscally response policy. As long as we have 1.7 TRILLION dollar spending bills we will have inflation to accommodate. You have all of the democrats and 18 of the republicans to thank for that.
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  4. The impact felt by the consumer is unprecedented. The covid checks weren't worth it, I'd been saying that since day 1. The government has adopted a "not my problem" attitude towards spending and keeps racking the bill up.
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  5. great quote
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  6. He is extremely anti government and things the fed is incompetent (they are)
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  7. I lost brain cells listening to this. The guy speaks like a real government goon.
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  8. Nothing says great economy like record lows lol
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  9. If congress would pull their heads out of their ass they'd block his executive order.
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  10.  @urieljauregui2927  never said it was ideal but there are people who bought way over their comfortable living amount buying houses they could make payments on if they sacrificed enough. These people were looking to make a profit by buying big hoping to time the market. These are the people I'm referring to.
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  11. The only thing I don't like about Peter is he pushes his positions as solutions to the economies problems. And maybe they are good solutions who knows but every time I hear him pushing gold or out of states investing, both markets he has companies in, it puts me off. Like I said they may or may not be good investments I'm not smart enough to tell but it sound more like there isn't a good answer and he might as well use the opportunity to push his services.
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