Peter Schiff discusses the accelerating collapse of the United States

Quoth the Raven, Released on 7/1/20

Peter Schiff, CEO of Euro Pacific Capital, joins the show to talk about the Fed’s comments yesterday, whether Central Banking can combat racism, why government can’t create purchasing power, it can only dilute it by printing money and what he’s going to talk about on his upcoming Joe Rogan Experience Podcast.

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron’s, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He’s also the author of the bestselling books: Crash Proof 2.0, The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America’s Coming Bankruptcy – How to Save Yourself and Your Country.8

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William Marino

Mr Schiff is obviously stating what should be obvious to All Americans that the more Fake Money you print, the more value / purchasing power it loses. What Mr Schiff needs to do is to focus on the unchecked power the Federal Reserve has in its distributions of fake money. The Federal Reserve shareholders are the Wall Street Banks whose executives have served as President of the NY Federal Reserve Bank. Wall Street Executives and / or their Law Firms serve as Chairman of the SEC and as Secretary of the Treasury. Corporate Campaign financing of political parties has corrupted the US government. In 1999, the Democrats together with the Republicans abandoned the Glass Steagall Act. It was no surprise to me that the stock market would soon crash. Google my name, William V Marino CPA and read the letter I sent to the SEC Levitt in August 1998 in his request that CPAs should go more to uncover fraud. In my letter titled “You Have Got To Be Kidding,” I stated that I had uncovered a massive fraud perpetrated my Merrill Lynch. I went to the Securities Industry’s Arbitration Form operated and controlled by Merrill Lynch. What I uncovered was a crime worse than what Madoff had perpetrated. Don Regan former CEO of Merrill Lynch testified before the Senate Finance Committee in 1988 stated that the “Stock Market is Rigged and that the SEC is the Lap Dog of the Industry. When you Google my name you will notice my comments were attached to an article titled a SEC of One. I was a former whistle blower and my case was dismissed in 1980 under NYS law that stated an “Employee Can Be Dismissed For Any Reason”. I had uncovered a major fraud and turned my evidence over to the IRS and they brought and won a lawsuit against Massachusetts Life that had followed the same practice that my employer NY Life had followed. The IRS commissioner contacted me and thank me for the information I provided and was going to draft a IRS regulation.

Michael Corleone in the God Father was correct when he compared the conduct of his family to that of the US government stating that the US government conduct is much worse.

If Americans still believe U.S. is a Democracy they are truly a Special Kind of Stupid. It was not surprising that in the 1920s Andrew Mellon Secretary of the Treasury was among the high government officials to support Mussolini actively. Mellon did so both in his role as Cabinet member and as a businessman. The Secretary praised Mussolini’s regime, declaring that it was “making a new nation out of Italy.”Mellon believed that under FascismItaly would “emerge from the chaos of war, straighten out her industrial troubles , cut her expenditures and put her budget into equilibrium, all under the direction of one strong man with sound ideas and the force to make these ideas effective.” It is not surprising that Trump recently quoted Mussolini when he said “It is better to live one day as a lion than one hundred years as sheep.”

The US like other European nations are going the way of the Romans. My Dad served with George Patton in WWII – Normandy, Battle of the Bulge and then into Germany. My Dad who could speak Italian and German in his letter to my Mom to be, asked a German woman “Why did the German people support Hitler?” She said “Hitler at one time was good for us and we are loyal people.” My Dad also wrote “Many young men died because of the Selfishness and Greed of their leaders.” The Iraq invasion in 2003 was killed many American soldiers who went to war under false pretext. Halliburton, Dick Cheney’s firm enriched themselves on a No Bid Contract.

I have repeatedly stated the Threat to Our Freedom is From Within.