Peter Schiff Quotes - Page 2
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The primary factor that enables our government to peddle economic snake oil is the dollar's unique role as the world's reserve currency, and our creditors' willingness to preserve its status. By buying up dollars and loaning them back to us through Treasury debt, productive countries give American politicians cart blanche to play Santa Claus.
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"Of course if you happen to time the market really well, you can make more money with some of these smaller companies, but for someone with no exposure I wouldn't want to take the risk that they timed it wrong."
www.businessinsider.com, added Jan 23, 2018
Peter Schiff
- Born: March 23, 1963
- Occupation: Author
- Cite this Page: Citation