he’s considers bank …
he’s considers bank deposits as a loan to the bank no biggy, and anyways thats what the laws say and this allows fractional reserve banking. If the laws were changed to force 100% reserve im sure he would have no problem with it.

peter schiff = …
peter schiff = honest, smart, liberty loving mofo who know’s about economics more than any keynesian thinks he knows.

Read this 10 times. …
Read this 10 times. Fractional reserve system and deposits exist only for stealing people’s money. Why do we want gold standard? Because amount of money = amount of gold. With fractional reserve system amount of money in the system > amount of gold. Prices go higher. As result everyone’s money is stolen. It is same as inflation. It just redistributes money from majority to bankers. That’s how Rothshilds became so powerful. They were first who implemented such system on the world-scale

If upon review Bank …
If upon review Bank A, we saw that they had a 75% reserve, and we were comfortable with that, then that is our choice.

Freedom is the ability to make choices without coercion. Bank A has the freedom to make a choice to inflate it’s own notes. The risk it runs is bankruptcy. Forcing them to a gold standard is not freedom.

You still don’t get …
You still don’t get it. Right now fractional reserve is required, it’s the law. So you can’t go to a bank that doesn’t do it, nor can you use a different currency to pay for things as the FRN (Federal Reserve Note) is the only legal tender.

Yet if we abolished the Fed and allowed other currencies to flourish we would be free. We would also be free to patronize or not patronize any bank we wanted.

It’s not freedom! …
It’s not freedom! It’s theft! Fractional reserve system and deposits exist only for stealing people’s money. Why do we want gold standard? Because amount of money = amount of gold. With fractional reserve system amount of money in the system > amount of gold. Prices go higher. As result everyone’s money is stolen. It is same as inflation. It just redistributes money from majority to bankers. That’s how Rothshilds became so powerful. They were first who implemented such system on the world-scale

I watched that you …
I watched that you dumbass. He says he wants the MARKET to set the % reserve. Look at all the bank panics of the history. Banks who kept their reserves too low FAILED, and citizens who CARED about their m oney would ask the banks what their reserves were. You are missing the point of FREEDOM.

watch?v=Cux97u9Ca5M …
watch?v=Cux97u9Ca5M from 2:03 he says that he SUPPORTS it. Fractional reserve banking is a HUGE negative it makes him almost as bad as Dodd.

Even if you are …
Even if you are right, which I doubt, I’ve never seen him say he supports that, then you should support Dodd instead? I mean Schiffs negatives barely touch his positives.

Well, look, is Ron …
Well, look, is Ron Paul naive? I don’t think so. He knew exactly who he is taking along for the Presidential race. For this type of races you don’t take people you can’t trust. That’s all I’m saying.

You are very naive …
You are very naive but maybe you are right. Until Schiff explicitly says that he is against fractional reserve banking I won’t support him.

So if you want to …
So if you want to judge Ron Paul by his actions and not his words, think why he made Peter Schiff his economic advisor. Answer: He trusts him. Now ask yourself: would Ron Paul trust someone who wants to keep the Fed in power? Plus I remember countless times when journalists asked Schiff what he would do as Fed’s chairman. He’s answer was always the same: dismantle the Fed and resign. You must have a lot of bad will not to appreciate the guy. Even your beloved Ron Paul trusts him.

of course he _says_ …
of course he _says_ that, he doesn’t believe it though. Look at the guy he runs from the most communistic state in the Union – Connecticut. He isn’t this stupid to tell them “abandon the fed” because NOBODY would vote for him. Ron Paul is from Texas, yes there you can say abandon the Fed and get elected. Think about it! Obama said he will get us out of Iraq. Everybody knew it is a lie to get elected. This is how you should look at Schiff. This is why Ron Paul trusts him.

While he folows …
While he folows what he says i dont’ have problems with him.

watch?v=Cux97u9Ca5M …
watch?v=Cux97u9Ca5M from 2:03 he says that he SUPPORTS it.

I know. You don’t …
I know. You don’t know that Rothshilds are Masons as your favorite candidate Mr. Paul is. They sit in the same secret society. But you trust Ron Paul becuase he said something. Good for you sheep.

“I know more about …
“I know more about fractional banking than you.’ You don’t Fractional reserve banking helped Rothshilds came to power. If you don’t understand how dangerous it is you know NOTHING about fractional reserve banking.

American people …
American people need to do their own research, their own analysis. I sincerely believe Peter Schiff is a truly sincere, intelligent, gifted leader which this country very badly needs.

Schiff for Senate!

I know more about …
I know more about fractional banking than you. Now try to focus: Ron Paul made Peter Schiff his economic advisor, ERGO Peter Schiff is AGAINST fractional banking. I know it because I heard it. Stop repeating your delusional nonsense.

They don’t believe …
They don’t believe in the same things. Ron Paul is against federal reserve Schiff is not.
LEARN ABOUT FRACTIONAL RESERVE BANKING! It’s not about unity it’s about priciples, about ideology. Austrian economy with fractional reserve is not different from keynsian economy!!!

you’re such an …
you’re such an idiot, do you think that Ron Paul would make Peter Schiff his ECONOMIC advisor if he didn’t believe in the same things Peter Schiff does?

Peter Schiff was economic advisor of Ron Paul this is the first thing.

Second is that people like you destroy our revolutionary movement from inside by creating such a artificial divisions like you do. So answer my question: who is paying you traitor?

Again it doesn’t …
Again it doesn’t matter. Communist ideology is evil. Austrian economy WITHOUT fractional reserve banking is awesome. While Ron Paul supports it I don’t care that he is a mason.

oh you don’t care …
oh you don’t care he’s a mason?! Masons are communists in disguise you sheep!

I don’t care that …
I don’t care that he is mason. Shiff is jewish and also probably a zionist. I don’t care who are they. I care only about ideology. Austrian economists that support fractional reserve banking are EVIL.

You like calling …
You like calling names?! Then Ron Paul is a Mason! He supports Masonic agenda.