Peter Schiff on what to read and the nonsense of Keynesian mainstream economics

[Spjungen]

Keynesianism really needs to get out of academia. The reason people are so stupid about economics, even the fucking economist magazine has this plight, is because keynesianism is the norm in economic thinking right now, while free market is referred to as "laissez-faire" and careless...I really don't see anything careless about the government NOT being able to print money to its heart's content...it's so incredibly ridiculous.

I CAN'T WAIT for this country, AND Europe, to get back on their feet.

[centurion180ad]

He is correct that General Theory is all lies.

There should not BE economics as a university course of study that anybody is ever going to listen to or hire, because no cabal of dipshits should be allowed to dictate the fate of individual private property or free enterprise.

These students are wasting thier time and effort.

[chicuzo]

This man is a genius and talks good! I support Peter and Bill Still.

Greets from Argentina!

[bjarnet3]

LOL,,, Fantastic... "Keynesian economics is what Witch doctor is to medicine" Peter Schiff

[xTAxGUNZ]

Schiff is a smart dude

[bigdjangoboss]

so where is the whole speech ?

[aviomaster]

I was thinking a lot about what Peter Shiff is talking about , this economic view starting to take hold. Why is Health Care so expensive , Goverment involvement.

I took my dog to the Veterinary hospital , Blood check poo check , vacination ,

60$ How is this possible .... ? When they have almost the same equipment as they have in regular Hospital.

[aviomaster]

He is right 100% Federal Reserve created this mess .... we have today ...

WHY did Federal Reserve lowered interest rates ...

Interest rates come down when BAnks are full of money ... when you make a lot of money Interest rates come down ...

Federal Reserve messed lowered interest rates meaning everybody feels RICH ... You can borrow at low interest rates.

[Psalm3417KJ]

What state he is from and what he is runnig for?

[Kevin17761984]

lmao... gotta love Schiff

[hayekian]

There was someone recording the whole thing so i think it will show up in its entirety soon

[dumbworld]

Peter Schiff is the best.

where can we find the rest of the speech??

[uzijohn]

@dumbworld,

I don't know about this speech, BUT I do know the source of all this knowledge.

Go to mises(dot)org and hit the "media tab" this is the home of Austrian Economists, many of the writers and speakers are Schiff's friends and colleagues.

[BlueSkies360]

Keynes is a government economist. The government loves him, for he teaches that the gov solves the problems, not the free markets

[20RC5100]

keynsianism treats the symptoms of an economy, never addressing the fundamental causes..... furthermore the treatment of these symptoms leads to other symptoms....

The free market has it's own immune system that will balance itself out. Keynsianism unfortunately is an antiquated medicine that does little to help!