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gearzone2611 (January 1, 1970 at 8:59 am)
A sound policy of Economy is to let it flow freely. It dont need a patch-ups to ease the pain. If they do that, it'll burst and it will collapse the economy. They better not to intervene the very cycle of economy. Now, its getting worst... deficits is getting higher. Which why the Fed is now printing money. No one's lending the America now. 'Cause they all know America is broke. Im pretty sure this coming year is much more worst. People must face the consequences that this FED has created!
5to5overtime (January 1, 1970 at 8:59 am)
i liked this video :)great vid Dv
dchoker000 (January 1, 1970 at 8:59 am)
You're right. I misspoke. I mean he's the only one on these guys on the financial tv shows that's saying these things right now. sorry.
Playboysmurf1 (January 1, 1970 at 8:59 am)
I agree that Schiff understands what is going on here but he is by no means the only one who can predict what's going to hapen next. This is common sence all you hsve to do is take a few steps back and see the big long term picture.
dchoker000 (January 1, 1970 at 8:59 am)
Schiff is the only one that understands the principles of Austrian Economics, and he's the only one that can predict what's going to happen.
dablakintelect (January 1, 1970 at 8:59 am)
Stages in the US history: Rise of standard of life fueled by grabbing indian lands *and black people for free labor*.End of the possibility of grabbing indian lands(there are no more): period of great depressionfixed
MDEMONIC689 (January 1, 1970 at 8:59 am)
Amazing how people who should know better somehow believe you can inflate the money supply without causing trade prices and therefore consumer prices to increase down the line, yes he who prints the money and gets the money first benefits, the people who use the money first get the benefit but down the line it is a tax on the people FACT.They must have skipped thier economics lessons, those two guys arguing against peter make a plank of wood look like a computer.
TheCZMan (January 1, 1970 at 8:59 am)
I dont think it is possible to discuss stuff with propagandists.
Nickelodeon2002 (January 1, 1970 at 8:59 am)
I'm not really sure what you've just said...so I guess we are at an impasse...I do understand you think I'm a "propagandist"...lol...so I guess there is no point in discussing things further. Best Regards.
morosi15 (January 1, 1970 at 8:59 am)
These two guys...have they no clue who they're up against? Peter, again, has to explain how government is not the answer to a problem government itself has created. |