Peter Schiff answers Reddit's questions (2 of 2)

fox20012 Says:

Jul 5, 2009 - Hi I'm from the future, I just watched peters next blog he will do in the future.I wanted to comment on his future V blog, but I'm here in the past now :(but yeah.. his next V blog rocks!

BTbass Says:

Jul 6, 2009 - That bobble head = winPeter's awesome as usual.

thomasw78 Says:

Jul 6, 2009 - How is free access being denied? Anyone can start a semiconductor company if they have the resources. Just because Intel has those resources and most people don't means they should be punished? Or maybe the government should pay everyone's start-up costs anytime they want to start a business to promote competition?

BlueTunisia Says:

Jul 7, 2009 - ...

Nielsio Says:

Jul 11, 2009 - How are you going to prevent competitors to undercut you if you raise prices, in a free market? The only way you can do that is if you get special privileges through law or you use outright violence. In both cases, it's not a free market.

utbvptl Says:

Jul 12, 2009 - I am trying to find a right investment anticipating high inflation..I am going to rtp, bhp for now, any great ideas ?

captainkid1 Says:

Jul 12, 2009 - I very much liked what he said about the war on drugs. This guy is smart.

brek067 Says:

Jul 25, 2009 - I like most of what he says until he gets to the free market crap. You can stimulate the economy by reducing taxes on income and protect it by raising taxes on resources. Very simple yet very powerful.

tjfgermany58123 Says:

Aug 9, 2009 - Mom and Pop bussiness work great with the free market. Monopolies compete? With who? The health insurance monoploy is a cold hearted demon. You blame it on government subsities. Like 170 billion to AIG? If you make to the Senate with their help, you'll vote for giving them money too. Why are you so focused on getting gov. out of bussiness. It is the polar opposite. Big corporations have taken control of the Gov. Ex. G.M. stockholder's were screwed.

vipero00 Says:

Aug 10, 2009 - According to your logic all we need is an all powerful benevolent king. unlimited power so he/she can squash those power grabbing big businesses.

vipero00 Says:

Aug 10, 2009 - All you do with taxing resources is make US industries noncompetitive with foreign markets. Your just a little myopic.

brek067 Says:

Aug 10, 2009 - All countries use tariffs and quotas to protect their markets, I would think it necessary. If you don't start taxing abusive use of resources you are going to find yourself in a very bad way. Taxing people for labor is just plain immoral. What am I not seeing here?

tjfgermany58123 Says:

Aug 10, 2009 - Why should corporations be allowed to bribe congressmen? I want the federal government to represent me. I don't want free market Government where the highest briber wins. Schiff would be a good Senator if he can stand up against the Corporate Oilgarchy. Not many have. I'm all for free market, but for example the healthcare industries prices are so inflated there is no way that it is playing by free market rules. I want a Democatic Gov. and a Free market economy not a combination.

brek067 Says:

Aug 11, 2009 - business should remain private. there need to be large taxes applied to use in resources, including drugs. Health care is by default a government institution and so is insurance although those institutions need to become way less intrusive if they are going to be sustainable.

utubeboob9 Says:

Aug 11, 2009 - Well I think if we can get more good fella's like Shiff and Paul maybe we can figure out how to save this thing for our kids and grandkids.You both have my thanks and support!!!

RetSquid Says:

Aug 15, 2009 - Health care and insurance are only a Government institution if you live under a Socialist Government, not a Republic like the U.S. Do you really want them decide who gets what health care?? If it comes to a totally Government controlled heath care system, They will own your life..."sorry your too fat/old/sick to spend money on just go away and die quietly."

Invirtuo Says:

Aug 23, 2009 - No tariffs within the EU

rung3000 Says:

Sep 7, 2009 - so what did perter schiff say that the usa should do to save itself apart from getting rid of debt

bc5620 Says:

Jan 1, 2010 - the more I know the sadder I get...

n00bzilla Says:

Jan 10, 2010 - whats is he talking about at the end: kansism economics? Does any one know anything about that and how to spell it?

TimeWarp66 Says:

Jan 14, 2010 - 9:00 - 9:42 GOLD! So blunt, so beautiful.

407buddy Says:

Jan 16, 2010 - Gov't Data is a lie and a fraud in cahoots with the Blankfein's ofWallStreet, manipulating the "American free market",high frequency trading, flash orders, naked short selling, on and onGoldman and Gov't are in bed, setting the rules to benefit the few. Jobs been exported your labor de-valued to Zero to screw you into debt. Walk away from your CC cards and (underwater)mortgages FICO scores are a scam to enslave you and keep you in debt Get out off paper. Don't be sheeple. Fight back!

Nielsio Says:

Jan 17, 2010 - Keynesianism

Lot3ch Says:

Mar 16, 2010 - keynesian economics

chbrules Says:

Mar 18, 2010 - Inflation is the problem. Who makes inflation in this country? The banks. What to do about that? Outlaw usary and private banking (ie. get rid of the fed).