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Bill Clinton, Marc Faber, David Stockman, Ron Paul, Jim Rogers, Peter Schiff, Doug Casey, and Jim Grant in The Housing Bubble (2018)

Quotes

The Housing Bubble

Edit
  • [from trailer]
  • Peter Schiff: They couldn't see this train wreck coming, even though it was staring them in the face. They're the people who are still in charge. They're the ones who are fixing the economy, when they don't understand why it broke. In fact, they broke it, and they're trying to fix it by doing more of what broke it in the first place!
  • Ron Paul: There is no doubt that most stock prices are greatly inflated and probably represent the greatest financial bubble known in history. - April 28, 1998
  • Jim Rogers: The reality is we have gone from a stock market bubble, now we have a housing bubble, and when it breaks, whatever causes it to pop, then a lot of people are going to find out, "Oh my God. Not only are my stocks down, my house is down too, and now what do I do?" - February 9, 2003
  • Marc Faber: So essentially in the words of Mr. Bernanke, you drop the dollar bills onto the United States, but he doesn't know where the money will flow to. So it flowed, as I just mentioned, 1st into NASDAQ in the years '97 to March 2000, and after 2000, it flowed into the housing market.
  • Doug Casey: So there's three ways a government can get money. It can tax it... which is, in so far as theft is honest, is the only honest way for the government to get it. It wants it. It takes it. You know what it's taking. It can borrow it... Go into the markets and have people lend it the money, but then the taxpayers or somebody is going to have to pay that loan back with interest in the future. And the 3rd way is getting control of the monetary system and literally printing the money up and passing it out to people.
  • Himself (The Daily Show): And they keep saying, 'No, no, no, don't worry about it. It's the free market. That's why we live in much bigger houses," but it really isn't. It's the Fed, or some other thing, no? - September 18, 2007
  • Marc Faber: You understand, you can't create prosperity by just handing out paper money.
  • Self - President of the United States: I mean, we can put light where there's darkness, and hope where there's despondency in this country, and part of it is working together as a nation to encourage folks to own their own home.

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