Quotes from Peter Schiff

Asking government to report inflation is like asking mafia to report on crime.

Boom/bust cycles are not inevitable and would not occur were it not for the inflationary monetary policies that always precede recessions.

If suffering through four years of hellishly misguided big government is the price we pay for true reform, it may in the end be worth it.

In a free market, businesses compete for customers by keeping prices down and for labor by keeping wages up.

Wal-Mart creates entry level jobs for people who don't have a lot of skills; those jobs don't pay a lot.

Wall Street is in trouble because Main Street is broke.

There is no such thing as agflation. Rising commodity prices, or increases in any prices, do not cause inflation. Inflation is what causes prices to rise. Of course, in market economies, prices for individual goods and services rise and fall based on changes in supply and demand, but it is only through inflation that prices rise in aggregate.

Printing money creates inflation, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles.

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.

Printing money is merely taxation in another form.

All those commodities are going to have to rise in value as we are in short supply and we are printing too much money.

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.

Keynesians are to economics what witch doctors are to medicine.

Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power.

The real story of Detroit [...] can be summed up in seven words. Private enterprise built it, government destroyed it.

What got us out of the depression was capitalism, and we would have gotten out a lot quicker had the government not intervened.

Once the government runs out of foreign and private sector bidders for new Treasurys, the Federal Reserve will be the only buyer, and the hyper-inflation cat will be completely out of the bag.

It is production that creates purchasing power, not the printing press!

When Trump was a candidate, he talked about the stock market, because, oh, the stock market was going up when Obama was president.

The left-wing agenda wants us to think that the reason there was a depression was because the government didn't do anything. That's not true.

The strength in gold is revealing the general weakness in the dollar.

The American middle class used to be envy of the world. It was a byproduct of economic freedom. We had a very dynamic free-market economy and limited government. People were out there pursuing their own self-interest and creating employment opportunities.

The only thing I can do with my bitcoin is give it to somebody else.

Gold has worked for thousands of years, but now with the Internet, it works even better.