Peter Schiff Quote: The Truth About Economists in Central Banks and Government

„Soon investors will realize that the most incompetent economists in the world work for central banks. The second most incompetent economists work for government. The third most incompetent work for major universities and the forth most incompetent work for large investment banks.“

Peter SchiffPeter Schiff reveals the uninspiring truth about the competence of economists in central banks, government, and large financial institutions.
PreviousNext

American economist, financial commentator, author, and stockbroker.

This quote urges us to critically question whom we trust in the economy and to be open to new insights.


Translation or original: 🇩🇪Click here

Quelle: Hier klicken

i

3.0 / 5

Quote by Peter Schiff about incompetency of economists in central banks, government, universities, and investment banks

Peter Schiff is an American economist, financial commentator, author, and stockbroker, known for his critical views on central banks and economic policy. He is the founder and CEO of Euro Pacific Capital.

Hans-Hermann Hoppe quote about central banks, monetary experts, and government propagandaCopyright © yoice.net – Quote Artwork
/
0 Comments
"Thanks to the central bank, most "monetary experts" and "leading macro-economists" can, by putting them on the payroll, be turned into government propagandists "explaining," like alchemists, how stones (paper) can be turned into bread (wealth)." Hans-Hermann Hoppe
Read more
Quote by Professor Dr. Dr. Wolfgang Berger about the misconceptions in academic economicsCopyright © yoice.net – Quote Artwork
/
0 Comments
"I acquired all my academic titles by believing in a false doctrine. A studied economist understands less about macroeconomics than a cow does about flying, because he first has to dig himself out of a swamp of preconceived opinions and errors in thinking in order to even reach the surface, or to get back to where he was before he let himself be committed to the stupification asylum." Professor Dr. Dr. Wolfgang Berger
Read more
Chris Hedges quote about education, employment, and power structuresCopyright © yoice.net – Quote Artwork
/
0 Comments
"Ironically, the universities have trained hundreds of thousands of graduates for jobs that soon will not exist. They have trained people to maintain a structure that cannot be maintained. The elite...know only how to feed the beast until it dies. Once it is dead, they will be helpless. Don't expect them to save us. They don't know how....and when it all collapses, when our rotten financial system with its trillions in worthless assets implodes and our imperial wars end in humiliation and defeat, the power elite will be exposed as being as helpless, and as self-deluded as the rest of us" Chris Hedges
Read more
Quote by Markus Krall explaining the dangers of Modern Monetary Theory and money creationCopyright © yoice.net – Quote Artwork
/
0 Comments
"There was this wonderful book called "The Hitchhiker's Guide to the Galaxy" and there's a chapter in it where there's a planet where another planet sends all of its lunatics to do no more damage at home. And on this lunatic planet, the Keynesian economists have come to power and decided that they can abolish the scarcity of goods by abolishing the scarcity of money. They then declared the leaves of trees to be money, which of course immediately led to hyperinflation. This was then countered with a forest defoliation program. And let me tell you, ladies and gentlemen, some of these "foliage faction" have made it here. They're sitting in the central banking worlds today, in the Governing Council of the ECB and at the Fed, and they're telling us with their Modern Monetary Theory that it's possible in all seriousness to overcome the scarcity of goods by abolishing the scarcity of money and being able to buy everything, anything, everything, if we just print enough money." Markus Krall
Read more
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

George Orwell Quote: The True Meaning of Journalism and Propaganda Revealed...Quote about journalism and public relations by George OrwellCopyright © yoice.net – Quote ArtworkQuote about addictive effect of driving drum rhythm by Dr. Daniel and Bernadette SkubikCopyright © yoice.net – Quote ArtworkDr. Daniel and Bernadette Skubik on the Addictive Power of Driving Rhythm