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

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


Peter Schiff
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Other quotes of Peter Schiff


The United States is like the Titanic, and I'm here with the lifeboat trying to get people to leave the ship... I see a real financial crisis coming for the United States.

The United States is like the Titanic, and I'm here with the lifeboat trying to get people to leave the ship... I see a real financial crisis coming for the United States.



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

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.

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.



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

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



Keynesians are to economics what witch doctors are to medicine.

Keynesians are to economics what witch doctors are to medicine.



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

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



One day we're going to look back at $1,700 with nostalgia. People are going to be shocked at how inexpensive gold was when it could be snapped up for such a bargain price.

One day we're going to look back at $1,700 with nostalgia. People are going to be shocked at how inexpensive gold was when it could be snapped up for such a bargain price.



Minimum wage laws make it illegal for a worker to accept a job that pays less, even if the worker needs that job.

Minimum wage laws make it illegal for a worker to accept a job that pays less, even if the worker needs that job.



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

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



We're on a collision course for disaster. All we can do, all your viewers can do is brace for impactBuy gold. Buy silver Get as far away as you can from U.S. currency and the U.S. economy.

We're on a collision course for disaster. All we can do, all your viewers can do is brace for impactBuy gold. Buy silver Get as far away as you can from U.S. currency and the U.S. economy.





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Authority is not a substitute for truth.

Authority is not a substitute for truth.



We've taken a show about destruction and turned it into a show about construction.

We've taken a show about destruction and turned it into a show about construction.



I'm not pretending to be ingenuous; I know what I'm doing.

I'm not pretending to be ingenuous; I know what I'm doing.



I'll watch the kids play, have a big steak with my friends, stay in a nice hotel, sign a lot of autographs, then go back to Vegas and tell my alumni how tough recruiting is.

I'll watch the kids play, have a big steak with my friends, stay in a nice hotel, sign a lot of autographs, then go back to Vegas and tell my alumni how tough recruiting is.



I was a terrible athlete and a pretty bad student. I couldn't focus. My imagination was always racing.

I was a terrible athlete and a pretty bad student. I couldn't focus. My imagination was always racing.



The picture must be... a revelation, an unexpected and unprecedented resolution of an eternally familiar need.

The picture must be... a revelation, an unexpected and unprecedented resolution of an eternally familiar need.



My taking a seat on the Council of the Fathers caused a desperate fluttering among my ghosts.

My taking a seat on the Council of the Fathers caused a desperate fluttering among my ghosts.



I can't believe I was a fat person for most of my life.

I can't believe I was a fat person for most of my life.



I think it's a tragedy that our schools don't teach kids about money. I think it's a tragedy that it has to come to an emergency before we evolve.

I think it's a tragedy that our schools don't teach kids about money. I think it's a tragedy that it has to come to an emergency before we evolve.



Don't scatter your fire! You are a prose writer: stick to your own tool!

Don't scatter your fire! You are a prose writer: stick to your own tool!




Quote Description


This page presents the quote "Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power.". Author of this quote is Peter Schiff. This quote is about money, form, government, printing money, taxation, purchasing power, citizens, robbing,.