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" Remember 'The Brady Bunch' TV show? That 1970s family had a full-time live-in housekeeper called Alice. Mrs. Brady worked at the PTA and did community work. She didn't clean her own house. That was middle class. Now you have to be very rich to employ a housekeeper. Everything it meant to be middle class has changed dramatically. "

Peter Schiff

Remember

Family

Work

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" The only thing I can do with my bitcoin is give it to somebody else. "

" I don't want the technology of the 1950s, but I want the free market of the 1950s. "

" The left-wing agenda wants us to think that the reason there was a depression was because the government didn't do anything. That's not true. "

Peter Schiff

Think

True

" My mother always taught me that two wrongs don't make a right. We shouldn't bail out Wall Street. We shouldn't bail out Detroit. It will cost the economy more than the cost of the bailout which is more than the politicians think. We'll run into the hundred of millions to prop these companies up. "

Peter Schiff

Always

Think

" When Trump was a candidate, he talked about the stock market, because, oh, the stock market was going up when Obama was president. "

" The Fed is the biggest enemy of this economy. In fact, Ben Bernanke, as far as I'm concerned, he's public enemy No. 1. We're never going to have a recovery while this guy's in charge. "

" At some point, the dollar has to give. You can't just keep printing money, and monetizing debt, and buying bonds, without the dollar imploding. "

" One day we're going to look back at $1,700 with nostalgia. People are going to be shocked at how inexpensive gold was when it could be snapped up for such a bargain price. "

" Every time the market has corrected, since 2008, it's always been the Fed that's made the bottom. The Fed has always saved the market either by cutting rates, launching QE, or threatening to launch another round of QE. "

" That's what's really bothering me about Trump is the hypocrisy, because when Trump was a candidate, and he got elected - because, by and large, he told the truth about the phony nature of the recovery. "

Peter Schiff

Nature

Recovery

" The government can't create jobs; they'll destroy jobs trying to do it. The government doesn't have any money; all they have is a printing press. We need to free markets to create jobs; if the government wants to help, they should reduce their burden on the economy. "

" I would say to people of a libertarian conservative position on an issue, do not do a taped interview. You're going to come out looking really bad. No matter what you say, no matter how eloquently you answer a question, your answer is not going to be what you said. "

" People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it. "

" The middle class today would be poor by the standards of the 1950s. Today, with two people working, they would still live paycheck to paycheck. "

" Trade deficits are OK under certain circumstance. 1. An emerging nation imports capital goods necessary to enhance its productivity. 2. A developed nation, with a current account surplus, uses some of its investment income to finance the purchases of additional consumer goods from abroad. "

" Gold has worked for thousands of years, but now with the Internet, it works even better. "

" Wal-Mart creates entry level jobs for people who don't have a lot of skills; those jobs don't pay a lot. "

" There is no such thing as agflation. Rising commodity prices, or increases in any prices, do not cause inflation. Inflation is what causes prices to rise. Of course, in market economies, prices for individual goods and services rise and fall based on changes in supply and demand, but it is only through inflation that prices rise in aggregate. "

" When the dollar collapses, it's not doing it in a vacuum. If the dollar loses value, it's doing so relative to some other currency. So the purchasing power that we lose, somebody else gets. "

" We had a very upwardly mobile economy, and that peaked around the 1950s when the typical middle-class American family consisted of a father with a job and stay-at-home mom who took care of the kids. "

" What got us out of the depression was capitalism, and we would have gotten out a lot quicker had the government not intervened. "

Peter Schiff

Government

Capitalism

" The one place that bitcoins seem to be used as money is in crime. "

" To get great again, we need to recreate what made us great in the first place, and so we're going to have to let interest rates go up. "

Peter Schiff

Great

Place

" Greed is normally balanced by fear. "

" You don't help the economy by spending money. "

" The American middle class used to be envy of the world. It was a byproduct of economic freedom. We had a very dynamic free-market economy and limited government. People were out there pursuing their own self-interest and creating employment opportunities. "

" Wall Street is in trouble because Main Street is broke. "

" The market needs to set prices, including interest rates and allocate resources. If it were up to me, we would abolish the Fed and return to the gold standard. Absent that, the Fed should be completely removed from the political sphere, its dual mandate replaced by a single mission to provide the nation with sound money. "

Peter Schiff

Gold

Political

" In a free market, businesses compete for customers by keeping prices down and for labor by keeping wages up. "

" Gold actually has properties - you can use gold for all sorts of things. People value gold for the metal. Nobody values bitcoin for the bitcoin; they value it because they believe that they can exchange it for something else. "