[Consumer credit] is like giving yourself a blood transfusi… - Peter Schiff

" "
[Consumer credit] is like giving yourself a blood transfusion from your left arm to your right. Nothing is accomplished, except the possibility of spilling blood on the floor. But it's not even that benign.

Peter Schiff

Sources available for members. Sign up free to see where this quote comes from

English

Collect this quote

About Peter Schiff

Peter David Schiff (born March 23, 1963) is an American businessman, financial commentator and author noted for his predictions of the housing market crash in 2005, support for unregulated markets and reduction of the powers of federal government. He was a Republican candidate for one of the Connecticut Senate seats, against veteran politician Democrat Chris Dodd.

Also Known As

Alternative Names: Peter David Schiff

All quotes from Peter Schiff Similar Quotes by other Originators

Originators like Peter Schiff:

Alan Greenspan Henry Hazlitt John Kenneth Galbraith Benjamin Graham Michael Hudson

Additional quotes by Peter Schiff

While it's refreshing to see Chris Dodd finally realize that we need to end the politicization of the Federal Reserve, his latest proposal merely repeats the mistakes that have created this crisis.

I'm not saying it wasn't a crime. I just saying it's not pedophilia. When I was in college I had sex with under age girls. That doesn't make me a pedophile.

One of the biggest attractions of the euro is that it is seen as the most likely candidate to replace the dollar as the reserve currency.

[Consumer credit] is like giving yourself a blood transfusion from your left arm to your right. Nothing is accomplished, except the possibility of sp… - Peter Schiff

About Peter Schiff

Also Known As

Enhance Your Quote Experience

Additional quotes by Peter Schiff

Go Premium