Theman77779 (November 30, 1999 at 12:00 am)

My personal recommendation is to follow what Peter says but do not buy Asia or mainly Chinese stocks. Peter has the disaster down properly but I think after years of no human rights, global economic disaster, no press to protect them form dangerous products and little freedom China will go into a revolution. If it was 10 years ago yes invest in china but today I think they will go into a revolution so I would say stay out of China. Stick with gold and silver. Just my two cents.

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

Thanks Don Harold, I already have the book, Ron Paul and Peter Schiff got it right. I believe the Ron Paul is a rare gem, a men of true principles. Thanks for the post.

billionaireby16 (November 30, 1999 at 12:00 am)

The point of mass worldwide inflation is to have the entire world revert to an International Bank , thereby eliminating national sovereignty and ushering in an era of world-wide domination by a World Government... Right now, the U.N. doesn't have a large enough power grab worldwide... Don't be surprised if the U.N. becomes the World's Government in 5-10 Years.

mcnoodles76 (November 30, 1999 at 12:00 am)

I think these two guys are great but I would say that perhaps there concerns about the US dollar might be premature. Only because the rest of the world seem to be following the same suit. So massive inflation there may be but surely the other governments are doing there best to keep up... will these fiat currencies then not hold relatively?? And if hyperinflation is on its way then is it not best to get into as much fixed interest debt as we can?? any thoughts?

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

What? No free market in land unless its value is taxed heavily to make land speculation unprofitable and efficient use of land necessary? It's the opposite way round. In a free market, you don't want tax to interfere with prices. More businesses can be generated through speculation and "efficiency" if there isn't any threshold and the price of the house would reflect what really the true price of the land the market believes

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

The underlying fundamentals in the real economy have to do with land, labor and capital which these guys never talk about except in passing as if they were no longer relevant. Sure monetary policy is crucial but it is built on top of the real economy. It turns out that there is no free market in land unless its value, which is 100% created by the community and not individual owners, is taxed heavily to make land speculation unprofitable and efficient use of land necessary. This is fundamental.

cds10690 (November 30, 1999 at 12:00 am)

good interview.. just more proof this country is going belly up

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

Thank God for the voice of common sense and reason from Peter Schiff.

sealhunter5 (November 30, 1999 at 12:00 am)

let it fall is right !we a played in the pimps casino and now it is time to go home ! and leave the casino to burn dont use my money to bail out the pimps!

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

Let it fall. Is it really that hard? So many egos involved, so scared to have the failure on their watch, to shoulder the blame, to make the sacrifice. I am not afraid. Let it fall. We will be better for it.