저자: PeterSchiff · 외국인
요약 보기
결론: 피터 시프는 인플레이션이 일시적이 아니라 악화될 것이며 달러 붕괴가 임박했다고 주장한다. 경기: 1분기 GDP 1.8% 성장은 실제로는 역성장이며 인플레이션이 성장을 과대 보이게 한다고 주장. 금·은 등 실물 기준으로 보면 경제는 절벽으로 추락 중이라고 본다. 정부 지출: 재정지출을 차입과 통화 발행으로 조달해 인플레이션을 만들고 있으며, 실제로 삭감되지 않는 한 상황은 악화된다고 본다. 연준·버냉키: 버냉키는 기자회견에서 원자재 상승을 이유로 통화 발행 책임을 회피했으며 기자회견은 실패였다고 평가. 연준은 인플레이션을 잡기 위해 금리를 크게 올려 경제를 파탄내거나, 방치해 통제 불능에 빠지는 진퇴양난에 있다고 본다. 달러: 차트상 달러가 약세이며 올해 가을 안에, 아니면 곧 붕괴할 것이라고 전망. 금 랠리가 나타나면 버냉키가 어딘가에서 연설 중일 가능성이 크다고 농담조로 언급. 고용·부동산: 실업수당 청구 급증, 고용 여건 악화, 부동산 가격이 신저점을 찍을 것이며 새로운 경기 하강이 온다고 전망. 출연자 전망: 물가·달러·경기 모두 비관적 전망.
다듬은 글
today for us growth in the first quarter and the results were rather dim compared to the three point one percent rate of growth in the final quarter of last year the GDP only rose a one-point eight percent in the first quarter of 2011 and if you consider that the economy has to grow at a rate of 2.5% just to create enough jobs to accommodate a growing population and more efficient workers and that's not good news for unemployment a lot of economists including fed chief Ben Bernanke who gave his first ever press conference yesterday are hedging their bets on this being temporary transitory the cold winter weather is over government spending especially defense is set to pick right back up and on the rise in gas and food prices yeah Bernanke says not to worry too much about that either so are they right are they playing down what could be a much larger economic downturn joining me to discuss it is Peter Schiff president and chief global strategist of euro pacific capital theater thanks so much for joining us tonight what do you say here rising gas and food prices inflation is this all transitory is they're gonna fly away in a month or two or do we have a much larger much more long-term problem on our hands absolutely not in fact the way you know it's not transitory as Ben Bernanke faces transitory and thinks since he's always wrong you can pretty much take it to the bank that inflation is gonna get worse you know you mentioned earlier about the US economy under the data came out today that showed the economy grew by about one point eight percent but I don't think it grew at all i think it contracted i think there were understating inflation if you measure US gdp in any other currency measuring the swiss franc measuring the aussie dollar measured in the euro uh our economy is contracting measured in gold measure it in silver I mean it's going off the edge of a cliff if you measure GDP and silver so I think the really gamma CAC tivity is contracting inflation makes it look as if the economy is growing that's not happening and really all we're doing is spending more borrowed money we're digging ourselves into a deeper hole I'm afraid we may never get out of it well in that sense if we look at rides and gold prices rising silver prices like you said there are a lot of murmurs out there that we could be seeing a collab so the dollar coming up soon you are the king of predictions here what do you say I think the dollar will collapse man I think it could happen maybe as soon as this fall but if it doesn't collapse in the fall it will collapse and soon I mean I think if you look at the charts the dollar is weakening and look at look at Ben Bernanke's press conference yesterday where he you know abdicates any responsibility for inflation for rising prices he thinks that oil prices or other commodity prices are rising it has nothing to do with all the money that he's printing and so that means he's just gonna keep on for anymore and you know the economy is actually doing a weekend look you know we got the weak GDP numbers today we got a big jump in unemployment claims so the employment landscape is getting worse what's gonna happen when real estate prices make new lows which is coming soon we get a new downturn more people are unemployed and um energy prices keep rising food prices keep rising what's the Fed gonna do I mean the Fed is putting itself in a box where eventually inflation is gonna be so bad that they're gonna have to raise interest rates so substantially to tackle it that they're gonna completely destroy the economy but if that choice is too too bad for the Fed if instead they just let inflation run out of control because they don't want to raise rates then it's worse do you think the Ben Bernanke you say that he's always wrong but do you think that he really believes what he's saying or that he really thinks he's telling people the truth mean he did open himself up here right to be the first Fed chief ever to hold a press conference but is he lying on purpose to try to calm people down to try to calm the markets allow Wall Street to keep doing what it's doing well he did a very good job of not answering any of the questions and if you actually saw the press conference he skated around everything buddy never really gave a direct answer so he just basically gave a speech interrupted by questions um I think the reason he did that is because he's trying to get some credibility but you know I saw a report I read a report on Bloomberg that actually described the press conference as a success because he didn't make any major gaffes I mean it wasn't a success at all during the press conference every time he opened his mouth the dollar lost more value every day every time he spoke a syllable Goldman hit a new record I mean it wasn't a success I mean unless you think the Titanic had a successful crossing because a few passengers happen to make it that in New York I mean this was a disaster of a press conference and you know and i think you if you see a big rally in gold there's a good chance that ben bernanke is speaking somewhere that's good I like that you know one of the other things that was attributed to either what the government is calling slow growth or what you're actually calling a retraction in the economy is that the fact that there was less government spending somehow I guess there was less defense spending going on although I don't really know how that's possible but let's say the Congress right now does actually start making drastic budget cuts and they increase over the next couple months then should we just get used to these horrible numbers getting used to unemployment being as it is well what if the government really made a big spending cuts that would be good for the economy because the more the government spends the more the private sector can't invest and that's what we need to grow the economy we need more savings more investment more production but we can't afford any of that because the government is spending all of our wealth so if we really had big cuts in government spending the economy with approve the problem is that's not going to happen and when they're talking about lower government spending in these GDP numbers it's not actually lower spending its lower spending that maybe they had forecast but the government is spending more I mean the government has never spent as much money as is spending right now that's the problem and the bigger problem is the way their financing it they're not taxing us to pay for all this government they're printing money to pay for all the government so they're paying for government with inflation which means everybody that owns dollars pays for it with higher prices and a diminished standard of living and because some of the other countries around the world are trying to peg their currency to the dollar when we create inflation over here we exported all around the world and the whole world is suffering because of all this government spending haiii Peter he always make me feel so good about the direction that our country in the entire world is heading but I guess that's the truth right there isn't it thank you so much right uh what do you say here rising gas and food prices inflation is this all transitory is they're gonna fly wait a month or two or do we have a much larger much more long-term problem on our hands absolutely not in fact the way you know it's not transitory as Ben Bernanke thinks is transitory and thinks since he's always wrong you can pretty much take it to the bank that inflation is gonna get worse you know you mentioned earlier about the US economy wonder the data came out today that showed the economy grew by about one point eight percent but I don't think it grew at all i think he contracted i think there were understanding inflation if you measure US gdp in any other currency measuring the swiss franc measuring the aussie dollar measured in the euro uh our economy is contracting measured in gold measured in silver I mean it's going off the edge of a cliff if you measure GDP and silver so I think the really gamma CAC tivity is contracting interests a Fed chief ever to hold a press conference but is he lying on purpose to try to calm people down to try to calm the markets allow Wall Street to keep doing what it's doing well he did a very good job of not answering any of the questions and if you actually saw the press conference he skated around everything buddy never really gave a direct answer so he just basically gave a speech interrupted by questions um I think the reason he did that is because he's he's trying to get some credibility but you know I saw a report I read a report on Bloomberg that actually described the press conference as a success because he didn't make any major gaffes I mean it wasn't a success at all during the press conference every time he opened his mouth the dollar lost more value every day every time he spoke a syllable Goldman hit a new record I mean it wasn't a success I mean unless you think the Titanic had a successful crossing now because if your passengers a fat inflation makes it look as if the economy is growing that's not happening and really all we're doing is spending more borrowed money we're digging ourselves into a deeper hole I'm great we may never get out of it well in that sense if we look at ryans and gold prices rising silver prices like you said there are a lot of murmurs out there that we could be seeing a collapse of the dollar coming up soon you are the king of predictions here what do you say I think the dollar will collapse I think it could happen maybe as soon as this fall but if it doesn't collapse in the fall it will collapse and soon I mean I think if you look at the charts the dollar is weakening and look at look at Ben Bernanke's press conference yesterday where he you know abdicates any responsibility for inflation for rising prices he thinks that oil prices or other commodity prices are rising it has nothing to do with all the money that he's printing and so that means he's just gonna keep on for anymore and you know the economy today for us growth in the first quarter and the results were rather dim compared to the three point one percent rate of growth in the final quarter of last year the GDP only rose at one point eight percent in the first quarter of 2011 and if you consider that the economy has to grow at a rate of 2.5% just to create enough jobs to accommodate a growing population and more efficient workers and that's not good news for unemployment not a lot of economists including Fed chief Ben Bernanke who gave his first ever press conference yesterday are hedging their bets on this being temporary transitory the cold winter weather is over government spending especially defense is set to pick right back up and on the rise in gas and food prices that Bernanke says not to worry too much about that either so are they right are they playing down what could be a much larger economic downturn joining me to discuss it is Peter Schiff president and chief global strategist of euro pacific capital theater thanks so much for joining us tonight I me is actually doing a weekend look you know we got the weak GDP numbers today we got a big jump in unemployment claims so the employment landscape is getting worse what's gonna happen when real estate prices make new lows which is coming soon we get a new downturn more people are unemployed and um energy prices keep rising food prices keep rising what's the Fed gonna do I mean the Fed is putting itself in a box where eventually inflation is gonna be so bad they're gonna have to raise interest rates so substantially to tackle it that they're gonna completely destroy the economy but if if that choice is too too bad for the Fed if instead they just let inflation run out of control because they don't want to raise rates then it's worse do you think the Ben Bernanke you say that he's always wrong but do you think that he really believes what he's saying or that he really thinks he's telling people the truth mean he did open himself up here right to be the fur
Comments 0