SchiffRadio Podcast Episode 4
The Peter Schiff Show Podcast
Peter Schiff
4.6 • 5.9K Ratings
🗓️ 28 September 2014
⏱️ 143 minutes
🧾️ Download transcript
Summary
* Launch of the iPhone 6
* Surprising employment arbitration results
* Housing market rolls over
* Hotel minimum wage
* World Bank head claims that QE works
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Transcript
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| 0:00.0 | We got a great show and store for you today and this week's podcast in addition to talking |
| 0:06.2 | about the market moving events of the week and all of the economic data points that came |
| 0:11.2 | out. |
| 0:12.2 | We're also going to talk about the launch of the iPhone 6 and really how it shows the |
| 0:16.7 | difference between the strengths that underlie the Chinese economy and the weaknesses in |
| 0:21.4 | the US economy. |
| 0:22.4 | I'm going to talk about a recent loss that I had or a partial loss in an arbitration in |
| 0:26.9 | the case that nobody could have believed. |
| 0:29.0 | I could have lost. |
| 0:30.0 | We're going to talk about the facts of that and really what it means not only for the |
| 0:33.5 | security industry but for people who want to have a business and have employees in the |
| 0:37.7 | United States, how difficult the government makes that. |
| 0:40.3 | We're talking a lot about the housing market rolling over what's going on with the home |
| 0:43.6 | builders and how fed policy is affecting the housing market. |
| 0:47.4 | I talk about the new hotel minimum wage that Los Angeles City Council has just unanimously |
| 0:54.0 | are almost unanimously passed 1537 an hour. |
| 0:57.4 | I think it creates something crazy like that. |
| 0:59.1 | So I'm going to talk about the effects that I see coming for Los Angeles. |
| 1:02.8 | Also, you won't believe I get into a talk that I heard the guy that heads the world bank |
| 1:08.9 | interviewed on Bloomberg. |
| 1:10.5 | Not only was he claiming that our experience with QE that America is a shining example |
| 1:15.8 | for the world to follow that we proved that QE work and you won't believe what this |
... |
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