Peter D. Schiff quote: “In the long run, the euro as a fiat currency may very well fail like the U. S. dollar. (2006, before Greece)”

“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.”

Peter D. Schiff (1963) American entrepreneur, economist and author

Quotes from Crash Proof (2006)

“Whatever the other failures of the U. S. government were, it had managed to print an excess of dollars which, combined with the collapse of trade and communication, had severely eroded the currency's value.”

James Howard Kunstler book World Made By Hand

Source: World Made By Hand (2008), Chapter 30, p. 146

“Tangibles trump conceptuals. Modern fiat currencies are generally accepted, but have essentially no backing. Because they are largely a by-product of interest-bearing debt, modern currencies are destined for inflation. In the long run, inflation dooms fiat currencies to collapse. The majority of your assets should be invested in productive farmland and other tangibles such as useful hand tools. After you have your key logistics squared away, anything extra should be invested in silver and gold.”

James Wesley Rawles (1960) Survivalist-fiction author and blogger

Source: How to Survive the End of the World as We Know It, Plume, New York (2009), p. 14

“With the drums of the long war banging, Israel's line on Hamas has been well received. The US administration urged European and Arab countries to freeze direct aid to the Palestinian Authority, and on February 15, the U. S. congress started moves in the same direction. Israeli security officials had been involved for quite some time before in urging the U. S. administration to increase its operations in Iran, including covert acts of regime change - efforts that were yielding their fruits in 2006. As was disclosed by Seymour Hersh and others, during Israel's recent war on Lebanon, the U. S. administration has viewed this as preparation, and a "test" for the option of an attack on Iran.”

Tanya Reinhart (1943–2007) Israeli journalist

Counterpounch, Interview with Tanya Reinhart (October 2, 2006) http://www.counterpunch.org/hazan10022006.html

“On the May 11 2006 broadcast of The Big Story, Gibson called for caucasians to have more children. His reasoning appeared to be in part to prevent Hispanics from ever being the racial majority in America. It is projected by the U. S. Census Bureau that persons of Hispanic descent will make up well over one-third of the U. S. population by the year 2050. The next day he said that he meant all Americans should have more children.”

John Gibson (media host) (1946) American radio talk show host

http://mediamatters.org/items/200605120006 http://mediamatters.org/items/200605180001 http://www.census.gov/ipc/www/usinterimproj/

“The contraction from 1929 to 1933 was by far the most severe business-cycle contraction during the near-century of U. S. history we cover and it may well have been the most severe in the whole of U. S. history.”

Anna Schwartz book A Monetary History of the United States

"The Great Contraction, 1929-1933" (1963), with Milton Friedman
A Monetary History of the United States (1963)

“The contraction from 1929 to 1933 was by far the most severe business-cycle contraction during the near-century of U. S. history we cover and it may well have been the most severe in the whole of U. S. history.”

Milton Friedman book A Monetary History of the United States

"The Great Contraction, 1929-1933" (1963), with Anna J. Schwartz
A Monetary History of the United States (1963)

“Truth's like a dollar-piece, it's got two sides, and both are wanted to make it good currency.”

John Buchan book The Path of the King

Source: The Path of the King (1921), Ch. XIV "The End of the Road", I

“Hardly a dollar or a euro changes hands anymore without the aid of computer systems.”

Nicholas Carr (1959) American writer

Why IT Doesn't Matter Anymore http://hbswk.hbs.edu/archive/3520.html, Harvard Business Review, June 9, 2003.
Context: Today, no one would dispute that information technology has become the backbone of commerce. It underpins the operations of individual companies, ties together far-flung supply chains, and, increasingly, links businesses to the customers they serve. Hardly a dollar or a euro changes hands anymore without the aid of computer systems.

“There is more selfishness and less principle among members of Congress, as well as others, than I had any conception [of], before I became President of the U. S.”

James K. Polk (1795–1849) American politician, 11th President of the United States (in office from 1845 to 1849)

Diary entry (16 December 1846).

“In the long run, the euro as a fiat currency may very well fail like the U. S. dollar. (2006, before Greece)”

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