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Peter Schiff Quotes: You don't drive an economy by consuming - the consumer is not the engine, the consumer is the caboose.
         

You don't drive an economy by consuming - the consumer is not the engine, the consumer is the caboose.


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 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.



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.





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Sacred soul searches to know the truth.

Sacred soul searches to know the truth.



My dad believes that bad disguises itself - that danger hides. I think it's the opposite. The truly horrible things about the world are always reaching out for you.

My dad believes that bad disguises itself - that danger hides. I think it's the opposite. The truly horrible things about the world are always reaching out for you.



I've always enjoyed making people laugh. But in order for me to be funny, I have to get ticked off about something.

I've always enjoyed making people laugh. But in order for me to be funny, I have to get ticked off about something.



Republicans are so empty-headed, they wouldn't make a good landfill.

Republicans are so empty-headed, they wouldn't make a good landfill.



A camera has interesting ideas of its own.

A camera has interesting ideas of its own.



A miracle is when we respond with compassion where a moment ago we may have believed there was something to be upset, blaming, or angry about.

A miracle is when we respond with compassion where a moment ago we may have believed there was something to be upset, blaming, or angry about.



Distance either of time or place is sufficient to reconcile weak minds to wonderful relations.

Distance either of time or place is sufficient to reconcile weak minds to wonderful relations.



The gospel shows a God far more holy than the legalist can bear, yet far more merciful than a humanist can conceive

The gospel shows a God far more holy than the legalist can bear, yet far more merciful than a humanist can conceive



Success does not mean taking, it means truly growing and giving

Success does not mean taking, it means truly growing and giving



You will never reach your destination if you stop and throw stones at every dog that barks.

You will never reach your destination if you stop and throw stones at every dog that barks.




Quote Description


This page presents the quote "You don't drive an economy by consuming - the consumer is not the engine, the consumer is the caboose.". Author of this quote is Peter Schiff. This quote is about consuming, economy, consumers,.