Peter Schiff vs. Clueless Liberals on MSNBC w/ Chris Hayes

Peter Schiff on MSNBC w/ Chris Hayes 6/9/2012
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[@ibvocean]

The host admits he knows nothing about economics yet can't keep his mouth shut

[@guymcbeard211]

Ha! Seriously. Wonder how much he has made through investments.

[@cksrufthsu]

OMG Totally Agree..... this guy is so annoying... I wish the Charlie the Unicorn comes and shut his mouth

[@wxfield]

I don't know why Peter appears on these shows. His time is worth more than dueling with people that think intelligent conversations should degenerate into ad hominem. Panelist Betsy Stevensen obliquely called Peter and "The Right" Paranoid @13:12. She barely opens her mouth here and when she does..it's nothing but horseshit that falls out.

[@guymcbeard211]

+wxfield I had the same reaction as well. I admire the patience and tolerance Peter shows on these shows. Can't say I'd be handle the amount of ad hominems he has been subjected to with the same amount of composure.

[@pmrufo]

wxfield I thing he goes to shed light on these lost souls.

[@ralphmcmahan2139]

a professor is telling a successful businessman about business, it must be nice to be so smart and self-aware.

[@bulltraderpt]

A Professor? Did he get his degree out of a cereal packet?

[@nanky432]

This has always been my point, if these people knew so much about business, finance, and economics wouldn't they then be super rich? The problem with academia then becomes clear for all to see. You are more likely to learn more about business and economics from Peter Thiel or Peter Schiff than you would ever do from a professor.

[@LFSPharaoh]

"Those who can't do - teach" "Those who can't teach, teach gym" lmao

[@cnnnpc4351]

Schitt is not a successful businessman. He is a conman that has scammed people out of their life savings into buying worthless metals. That's why he refuses to report financial statements on his website because he knows if people know the truth about him, all his phony credibility will fall away.

[@LFSPharaoh]

John Smith - lmao

[@tommyjenga5976]

Liberal: "I could probably disagree with everything you said." Schiff: "-and you'd be wrong." He got Peter Stiff'd

[@neilk1121]

I think all the panelists not named Schiff, are so brainwashed with their understanding on Econ 101.

[@billmanhillman]

Typical UNC education. They think they know everything.... Yet, they're almost always wrong.

[@libertyliam]

That got my Peter stiff

[@johnsmithee6660]

"Joe Rogan, you're smarter than a lot of these Ivy League graduates because you've got one thing that they've lost....common sense" - Peter Schiff on Joe Rogan podcast

[@shastflamearashi6428]

ooh gotta listen to this

[@user-sx2hy8zf5r]

Pls time stamp and the channel. I’m too lazy to find it myself 😆

[@MrMultifunc]

@@user-sx2hy8zf5r it's the very first thing on the first podcast. He has appeared 4 times in total on the podcast

[@johnnym9498]

Haha yess I hear it in the podcast 😂

[@bigbenff1]

Schiff is on a whole other level compared to these stooges.

[@jsunastrology]

bigbenff1 yes ! This is ridiculous ! They should just let Schiff speak

[@climaxhubbard]

he also might be the most patient person on the planet..

[@barjinhavo]

climaxhubbard or the most ballsless

[@brett6212]

Is it me or are the kids trying to recite the stuff they learnt in economics 101. And then, look to their mates to be validated for their input.

[@maurijr10]

Brett specially mama goose sitting in the middle. She’s trying so hard to remember what she studied in macro that she can’t even articulate a valid argument

[@McMarvin42]

astute observation Brett

[@scoobydoo3322]

@@maurijr10 Mama goose 😂😂😂😂😂😂😂

[@Himself42]

Economics 101 would’ve told you schiff is right

[@kelvinnguyen6048]

Lmao 🤣

[@akuseru85]

Imagine being so unlucky to have Karl Smith teaching you economics at university.

[@steve410]

This is why podcasts were invented. No interrupting every 5 seconds, subjects are explained and debated efficiently and thoroughly. Thank you peter for your podcast

[@derekbryant1174]

It's funny how they were all laughing at Peter about inflation at the end of the video and now inflation is setting in worse than possibly ever before.

[@gregorysagegreene]

And some of these dork posters on here 5 years ago were saying everything was gonna' stay great.

[@Mosesblah]

"Imagine in a few years the debt is 20 trillion" Done

[@Sluggishbeef6]

Way done now... 24 trillion and going up fast

[@odashogunate1978]

@@Sluggishbeef6 Now at 25 trillion. Think we can get to 26 before the end of the year?

[@jimmibuffe4819]

Oda shogunate im betting 30

[@MIKESTREED]

Lol. 20 trillion...

[@timzz4720]

I bought a 29 trillion call for before November.

[@erikapereschica8286]

It’s 2023. This aged like fine wine. Peter was right & outsmarted the professor.

[@podcasthumor9907]

“Paul Krugman called the housing bubble too!” Paul Krugman, the guy who said that the internet was worthless and bound to fade off? That Paul Krugman?

[@Slayer8957]

He also called for governments to team up to fake an alien invasion to spur economic growth. Straight psycho.

[@pimpinmagicianofprophecy]

Mongolite

[@rawbdiggity]

Now everyone knew the housing market was going to collapse 😉

[@swfsql]

I hate that. People deceive themselves - they don't even notice - that they automatically convince themselves that "they knew it". They completely forget that they were clueless and plain wrong, and they also forget that they actually changed their view and that "now they know it". For them, it appears they always knew it. And the actual funny thing is that they still don't understand the causes, even now, after it happened. I had professors, colleagues and family falling into that kind of cognitive dissonance - on various subjects, not particularly about the hosing bubble.

[@krismine99]

Makes me think of Covid. Everyone in government was ignoring it, republicans and democrats, fighting policies that would have reduced the spread early on. Now they all claim that they made the right decisions and knee the whole time

[@curley9310]

@@krismine99 Proud to say I saw the turmoil, and moved quick. Sold everything in February, bought silver. Up 55%. Bought back into some aerospace defense companies, a paper company, and cisco systems recently to get out of cash, and holding on while the whole place goes up in flames. Its not a genius move, but it was practical for me given the uncertainty. People like this all act like they were buying credit swaps back in '07, when in reality they probably lost half their accounts, panic sold, and rebought at some point after it all started to go back up, and they've convinced themselves they saw it coming lol.

[@____gone763]

Thiago Machado Nice little write up you have there but schiff is actually on public record claiming it would happen before it did so your point is a little moot in this case

[@MrThiefHater]

So according to Karl, all we need to do is raise prices and then demand will increase. What a freaken buffoon.

[@Blackridge.]

Jason C how could you ! Hes a university professor..😂

[@garden__warrior]

Well thats what they are doing with regard to their universities

[@Ryanconstant12124]

Who Karl marx

[@drewcohen8237]

What they don't seem to see is that the money they are giving to people to consume doesn't reflect actual wealth created. Thus, the starting point for any consumption is the existing wealth base. It doesn't matter how much "additional supply" is created to use his words, because that additional production will itself entail additional consumption. On a net basis, using up the capital base through inflation makes up poorer, even if you see more "economic activity". Using resources to replace wealth destroyed through consumption doesn't accomplish anything, and dilutes the very savings pool we need to engage in real capital formation to get us out of the recession. Plus, a lot of what would be "consumed" would be from things overseas anyway, which would at least outsource the inflation, but wouldn't help anything here like they claim.... Also, Karl misses that one of the problems that occurred during the boom was not enough saving to support the investments made, AND over consumption. What we need to solve the problem is less consumption, more savings / investment, not more consumption. Could these fools get any more wrong? And they are the ones teaching our kids at university? No wonder we are in the shape we are in. You talk to an economics major, they will have never even heard about Mises, Hayek, Rothbard. The worst thing you could do to learn about economics is major in the subject.

[@codelessunlimited7701]

This clown professor brainwashed more people than Karl Marx could ever achieved.

[@JimSchafer--fishing-and-fun]

Schiff argues only one point. one point only. The Federal Reserve is the cause of the current financial crisis. Why is that so hard to understand?

[@Fabric_Hater]

Statists gunna state. Statists know they need the fed to get their programs in place. It's that simple.

[@whydotheytry7940]

Milton Friedman blamed the feds too

[@____gone763]

whydothey try and he was a smart man for it

[@vdmur7952]

Most people are incredibly stupid.

[@thomasmantle]

These people don’t understand the consequences

[@2700Kenny]

I can’t even finish this video, the ignorance from these “experts” is unbearable. How do you sit through this Peter??

[@reterumstrict1091]

Ikr

[@indo3052]

Lmao. Hes got soo much patience

[@valiyapurakkalNarayanankutty]

Yeah like 3 minutes in I'm like peter why aren't you yelling some sense into those morons.

[@eugeneh42]

"Well you'd be wrong" 😂

[@LTitus-qy4pw]

😂

[@reterumstrict1091]

Siobhan 😂

[@tomr6955]

so good

[@dk4366]

Do they give out professorships in cereal boxes these days?

[@LOUDMOUTHTYRONE]

D K Yup... I have a PHD. It's on my t-shirt.

[@alexeivoloshin5984]

D K Very much so. Cereal box profs bring in Obama cash from student loans and give cereal box education.

[@EmperorsNewWardrobe]

Hahahaha ow

[@yolodaswagg]

just about...

[@scdevon]

Not cereal boxes. Affirmative Action.

[@jaedoncarlisle6267]

I used to dream of being a Wharton Graduate, then I watched this and realized it doesn’t mean a goddamn thing. Clueless.

[@JJYacco]

I can't even listen to these people. I don't know how Schiff has the patience to listen to this Bull

[@TheSquidPro]

I can hear Peters heart break when the woman starts talking and you get a close up of his face filled with disdain.

[@contreeman]

PETER I DON'T KNOW WHY YOU WASTE YOUR TIME WITH THESE PEOPLE

[@angrydollar9294]

no publicity is bad publicity

[@LOUDMOUTHTYRONE]

contreeman Peter is sacrificing himself to get the message that the fed is fucking up the country.

[@filesshared9431]

Peter was the only adult at the kids table.

[@ryanmclaughlin587]

If he doesn't do these types of interviews then it will be a complete echo chamber of liberal economists. Peter needs to be there to show an alternative POV.

[@ronaldbrumwell8414]

Ryan McLaughlin Exactly.

[@jacobs3671]

They are trying to remember what they read in a textbook and Peter Schiff is talking from experience.

[@andresp7136]

In a textbook written by a professor who influenced them to dress the way they are right now.

[@anthonyg6221]

that black guy who says he predicted everything should be predicting another "peter schiff was right" video.

[@leozanna2861]

You absolutely destroyed them. The dude even tried to change the theme of the discussion so you'd lose the argument, but you sat tight and beat them fair and square nonetheless. Props to you, Peter.

[@TheWoeJoe1]

This was so painful to watch. Peter keep up the good work. Congrats for not losing your temper, I for sure would have.

[@cbracamonte]

The host is the most annoying person I’ve heard

[@danielorlov7460]

You should see him now.

[@iscrulz]

@@danielorlov7460 No

[@TheTmac51]

This won’t age well for those not named Peter...we are going to be screwed by poor policy

[@simplebott4812]

I've got my 3Gs ready. Gold, Gas, & Guns

[@KattBon]

@@simplebott4812 don't forget the grub.

[@sterling7178]

@@KattBon and the green. Oh wait!

[@erichong5735]

@@simplebott4812 gas isn't a good idea...

[@fila741]

This liberal has had 1 too many starbucks vente's.

[@gregorysagegreene]

Hey! I like starbux venti's. Well I did until 2021, when they chased this semi truck driver away with all their closures and bullshit. As Schiff would say, "You reduced the supply, and that's what destroyed the demand." In my case, permanently, 'loyalty destruction 101'.

[@jessem8928]

This is why they don't let you on any more. You make them look like fools.

[@Icureditwithmybrain]

Peter Schiff on MSNBC is like when you reach max level in a game and go back to the tutorial area.

[@Chuck_Blaze]

Can anyone show me a video of Karl Smith predicting the financial crisis? Because I don't believe he did. And therefore I'm pretty inclined to listen to Schiff

[@thomasgriffin3938]

Yea its on the darkweb

[@sterling7178]

It where his opinion comes from. Out of his a$$.

[@MarcoAlmeidas]

Peter how you get so much patience?

[@Blackridge.]

Marco Almeida discipline.

[@rudybonilla9271]

Excuse in his mind he knows that facts are facts no matter what people say and sometimes it’s just getting to say the facts even if no one listens

[@lukemccann]

Retweet

[@christopherking2012]

Being correct grows confidence

[@lazaroortiz9546]

I was thinking the same throughout the entire video lol

[@Defiance.]

The only thing Karl Smith can predict is how many cheese burgers he can eat for lunch.

[@jrama5220]

Peter Schiff is one of our brightest minds in the financial sector. This man carries & swings a big economic hammer of knowledge. Everyone that challenges his theories seem to have no more than an ear piece & a microphone..with no hammer, no brains, nor bright ideas.

[@smithdennis4]

Chris Hayes killed that conversation when he said lets not focus on the cause.

[@lucasluzzi]

why there's a mini Ron Paul on the corner

[@gfcardi]

!!!LIBERTARIAN MOMENT!!!! Lolz

[@truthspeak6608]

Lucas Michael Luzzi ya da fuck

[@shirtjuggler]

because Peter grabbed this video from another channel that supported ron paul

[@jamie2866]

Imagine if that was on every video

[@pipefitters1]

Peter is right, inflation is already here. food prices are going up.

[@kx65andyx85rider]

Tell me about it. Give this comment 1 year to age, then I’ll really be saying it

[@seang9153]

@@kx65andyx85rider It's been about a year. I think they're feeling it.

[@DJSerpent]

hows inflation everyone?

[@CarlFGauss-qn2cq]

@@DJSerpent It's great. Keep it comming.

[@bgaripov]

A student, a teacher, a TV host and a self made multimillionaire walk into a bar…

[@TheForeverAddicted]

the audacity of some college kid to speak to a person who actually employs 150 people.

[@chrisclanton4430]

Thanks Peter for sounding the alarm for so long, even though it mostly falls on deaf ears. You are the most level headed person I know of when it comes to economics.

[@Threton]

Jesus, how can you talk with those jabronis, without going crazy?

[@brianowens889]

"I don't know what point I want to debate because I probably disagree with everything you said." "Well you'd be wrong." hahahahaha

[@buzzin6895]

I hate moderators. Always disruptive when the conversation gets interesting.

[@mandaloin]

"You weren't the only one who predicted the housing bubble" "You don't know what you're talking about" Dude contradicts himself in under 10 seconds.

[@lollish93]

Peter, how are you able to sit next to them without CHOKING THEM TO DEATH!!!?????!!?

[@TauroChuck]

Bror King you got it right the host and the bubbly boy

[@Rapturo_to_YESHUA]

He enjoys knowing that people with intelligence watching the show are laughing at how dumb these numps are, that's why. ;P

[@siyersiyer]

I wouldn't send my kids to those two schools - UNC and Wharton, even if they pay me! Only mistake I've already committed is, I graduated from a Cambridge, MA based ivy, which is yet another hub of clueless liberal students and Profs! Lady from Wharton says: "fed has done too little.", what would she recommend, freshly minted paper from air?

[@venomf0]

Sivaram Iyer lmaoooooo

[@gregg5149]

Maybe they can create a brain out of thin air from her skull cavity

[@juanfelipe8484]

Ron Paul in the corner of the video was biblical, I love it

[@tominpuertorico1689]

The FED should let the market set rates. We need a free market in money.

[@MrCard031584]

Tom in Puerto Rico the fed shouldnt do anything but go away.

[@watchingpilgrim8851]

I agree however...wish in one hand and poop in the other; see which one fills up first. In other words, don't hold your breathe...

[@tominpuertorico1689]

+Moragauth, what you said is quite true, but dapunisher didn't deserve an informative reply. Still, thanks for the response. In addition to what you said, if the FED didn't set rates there'd be no such thing as 'whisper numbers'.

[@mattlangstraaat3508]

Tom in Puerto Rico. tom in a failed state... your wrong! fed should be dismantled.. along with most government intervention and regulation.. here in the usa, we have this thing called the constitution written by geniuses whos sole purpose was to limit the government... how is government working for you in pourto rico?

[@jayjayr733]

Tom in Puerto Rico That would mean they shouldn't exist.

[@EyeOfScrutiny]

The Wharton school is really clueless.

[@AndreMcclendon]

all these people act like they know whats going on but the richest at the table is peter.... maybe they should listen lol

[@sethnesmith6091]

“I’m not the economist but I’m gonna keep talking cause I think I know the rebuttal to this one” 😂😂😂

[@GiveMeEyeballs]

Karl and Betsey are soooo clueless. And Smith predicted subprime crisis , give me a break

[@simonbentley5719]

GiveMeEyeballs yea. when a professor of economics states the fed can control inflation up or down.?? ...Karl? really?

[@gauravverma6775]

Rule no. 1 to succeed in market : Never laugh at Peter

[@jezreel916]

5 year later, now we know who understands supply and demand.

[@pablolara9802]

Peter said banks would fail. Boy was he spot on

[@AwakeningTVII]

These people have no clue! Great job Peter!

[@Shiftdougler]

It’s like he’s trying explain particle physics to a particle

[@jmsrnd1]

peter schiff is great and makes these clowns look like absolute fools

[@carlstereway4327]

These guys are frustrated, they get nervous when the truth comes out.

[@snuggleseal]

we fucking love you mr.Schiff !!!

[@edwaggonersr.7446]

Peter Schiff rocks.

[@stephanegautreau514]

A economics professor telling a business man he is wrong ?! 🤣 Remember, those that CAN, DO. Those that CAN'T, teach!

[@michaellawrence5990]

And to think I once wanted to study economics at Wharton. Smh

[@IsaOscar]

Interviewer: I am not an expert on economics Also Interviewer: here, here’s my point, here’s my point! This is very important! And I think for people at home this is very important!

[@LomanLawson]

"I'm not the economist at this table" awe look, he defeated himself! :D

[@angelitavenegas5619]

I dont know why people don't listen more to things that obviously will help our economy , listen to Peter!

[@A-RonHubbard]

So insane how literally everything Peter talked about in this video is coming true now. Rising rates, interest on the n'tl debt getting unpayable. Inflation out of control, Bank failures too. Peter is early, never wrong.

[@IsaOscar]

Peter Schiff ain’t even listening to the trash talk of the interviewer 🤣 “My math is wrong, it’s actually 2 trillion dollars a year“

[@QTRResearch]

Chris Hayes: "I'm not the economist at the table." No shit

[@spinpoi260]

Schiff is brilliant. Keep fighting the good fight

[@belalshiny1513]

2020 , greatest crush in human history is continuing. Peter ♥️

[@db-jk8dl]

That NC encon professor is smiling amd snickering because he's intimidated by Peter's knowledge.

[@OmegaTou]

"Things are different when you have a crisis." No they are NOT. When you are having a crisis, that is the MOST important time to be doing the right thing! Doing the wrong thing just ensures that the NEXT crisis will be exponentially LARGER!

[@gamingradeon]

Good job Mr. Schiff for keeping composure.

[@grbeck-uk5433]

There is a saying ‘if you’re the smartest person in the room… you’re in the wrong room’. Peter should have walked around the 27 second mark. Comedy gold 🤣😁

[@pattybaselines]

Guy from the NAACP weighs in! lol

[@KB-vv8gr]

Holy crap, seems like they picked up the Karl Smith guy from your occupy wall street video.

[@ancientkid1635]

PLAY THIS IN 2021

[@keepingupwithkaia7095]

He warned us for the GFC and he’s warning us again yet still no one is listening

[@Rusteaz]

They got Schiffed.

[@dahoser1eh]

I'm not an economist, and I'm supposed to be facilitating the conversation, but let me respond anyway ...

[@jakw97]

This aged well, like all Peters opinions and views on the US economy.

[@danielstahlie]

They are so dismissive of Peter’s predictions, yet here we are, $33T in debt paying $1T in interest per year.

[@brandonbaker5884]

Correct, and soon to be insolvent.

[@markstruble5143]

Lmao “I’m not the economist at the table” then he acts like an he’s an economist. The media doesn’t understand the economy at all!!!

[@nipnipnip7508]

These kids get an A+ in Keynesian economics and F in basic economics

[@ryanwood1684]

Thank goodness for you Peter

[@fannywayne1920]

"It has not happen yet" LOL im commenting from the future 2020

[@ebenezerclark123]

THE WORLD IS FLAT -THE EXPERTS

[@goodluckwithallthat]

Bruce Clark shut the fuck up idiot

[@ebenezerclark123]

You must be an Expert on Idiots

[@goodluckwithallthat]

You're a fucking idiot. I told you to shut the fuck up!

[@petrg.3752]

No Bruce, the world is not flat. I spent two years on this, trust me, the flat earth is for idiots who think they are awake and everyone else is asleep. Wake up and use your brain

[@ebenezerclark123]

The Experts of 1400 would tell you it is flat, they are no smarter now

[@jabman549]

What qualifications does Rachel Maddow possess that makes her think she can moderate an economic discussion like this?

[@defsonfloyd943]

Schiff when will you run for President???

[@cc3822]

2020, Peter Schiff is right in the money.

[@baalfury7633]

He's A Prof. #Joke

[@rphb5870]

No not liberals, these are socialist. Remember a liberal is someone who believes in limited government, personal responsibility and individual rights.

[@sambocap]

Again.....Peter Schiff is going stronger than ever in 2020 and where are these hacks? Exactly.

[@chipsun2504]

how does Peter Schiff stay so calm and patient with these fools? Man I'm exhausted listening to these kids.

[@110gotrek]

I love the Ron Paul on the right-bottom side :)

[@stevelinbergbaby135]

Pete - how you can even sit at the special ed table is beyond me?

[@michaeltrevisani829]

They are eating their words now 😂

[@tannerthomas9083]

These people are stumbling the whole time. Schiff speaks this language