Great discussion with Peter Schiff on the Glenn Beck Show. Peter touches on Inflation, Martial Law and the Weimar Republic.
I read Peter’s first book Crash Proof earlier this year and was surprised at how acurately he predicted our current financail situation. Major events such as the collapse of Lehman Brothers, Fannie Mae, Freddie Mac and even these bailouts were all predicted years ago by Peter Schiff. PhilDeCarolis a Peter Schiff fan and youtube content producer has uploaded hundreds of Peter’s interviews some dating as far back as 2002. It is interesting and alarming to see how people used to dismiss Peter’s comments as conspiracy theories, and crazy talk only to find his theories become reality.
So what’s next according to Peter ?
1. If we don’t stop with the stimulus packages and bailouts our dollar will be worth less than toilet paper.
2. The stock market will be worth one ounce of gold.
3. We will experience hyperinflation like Zimbabwe currently has or like the Wiemar Republic
The scary thing is that many believe that things like this could never happen in America.
— Justin of Vizionkc