Her er et opptak fra en tv-sending hvor Peter Schiff og to andre "eksperter", Tom Tzitzouris og Benjamin Tal, debatterer USAs økonomi og deres sentralbanks pengepolitikk. Som vanlig er Peter Schiff mannen som taler konsensus midt i mot.
Når den ene debattanten advarer mot deflasjon og sier at "I would take inflation over deflation any day...because we don't know how to fight deflation or disinflation... I don't want deflation because if prices are going down then you don't buy anything today or tomorrow...look at Japan!", kommer det betimelig fra Schiff: "You don't have to fight deflation, embrace it, it's a good thing! (...) Sir, do you own a cell phone, do you own a television set, do you own a computer? Why aren't you waiting for falling prices? (...) You go back to economics 101, as prices go down demand goes up, as prices go up demand goes down, so if prices go down people buy more. This is absurdity. (...) It's a good thing you are not running a store, you'd be going into bankruptcy raising prices and hoping you get more customers."
"the picture of Japan’s uninterrupted economic decline since the early 1990s is qualified when demographic factors are considered. The growth slowdown and the rapid ageing of the population acted as a drag on growth from the turn of the millennium. This needs to be controlled for when assessing the relationship between deflation and economic performance. (...) Between 1991 and 2000, cumulative per capita real GDP grew by a mere 6%, compared with 26% in the United States...cumulative growth in the period 2000–13 exceeded 20% in Japan, compared with roughly 11% in the United States"