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Peter Schiff - (Former Ron Paul Economic Advisor) Versus Art Laffer (Former Ronald McReagan Economic Advisor) - August 28, 2006 - Peter Schiff [Pimp]

Reagan's economic advisor challenges Peter Schiff's predictions. He bets him a penny... and loses. DOW and Dollar in freefall. China, Russia and India to be the next imperial powers. George Bus...  
 
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aviomaster (1 week ago) Show Hide
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scienceexpert2007 --- Reporter wants to leave children alone ... to the streets ...
She is definetely dumb ...
juscurious (-- You are right on ... Lets see how producing nations live .., China, Japan , Taiwan , Korea , etc...
Chuk231 (1 month ago) Show Hide
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well what do you know, we are in a shit hole like promised
juscurious (1 month ago) Show Hide
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Schiff wins big time. He was exactly right. Laffer is wrong that he believes that printing paper money is equivalent to producing wealth. This philosophy is killing us. I think Laffer is eating major crow. Wealth is created in factories, on farms & by real services. Wealth is not created by printing money. Wealth is not created by taking on debt. And there's a big difference between women with small children wanting to stay home & women wanting to stay home with grown or dont' have children.
KrakenZero (4 days ago) Show Hide
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Wealth = (Goods & Services / Currency)

The government looks for ways to waste money and the federal reserve prints the money for the government to waste which devalues the savings and industry of the people.
scienceexpert2007 (1 month ago) Show Hide
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Peter Schiff didn't say 'all women' - he said women WITH CHILDREN would rather not work. Having children is a full time job in itself. That ignorant woman host went on a stupid politically correct rant.
joepeeler34 (1 month ago) Show Hide
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Actually, Dr. Paul and Mr. Schiff are both classical liberals in that they both advocate something approximating laissez-faire capitalism. Most people would identify them as libertarians.
Schiff anf Laffer are pretty close ideologically; it is just that Peter is actually MORE free market than Laffer. Did you here him say that people are "enjoying low tax rates?"
In what alternative universe are tax rates low?
Peter advocates free markets in banking and interest rates. Laffer does not.
gskibum (1 month ago) Show Hide
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Examples please.
gskibum (1 month ago) Show Hide
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Ahh I see. I never knew those examples were ever counted differently.
mongoose704 (1 month ago) Show Hide
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People demoted from full time to part time are not included. Poeple that were laid off a full time job and took a part time job are no longer counted. People that are disgruntled with the labor market and thus are not willing to work, are no longer counted.
mongoose704 (1 month ago)
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