Peter Schiff silenced on CNN International
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Or how the asian markets in the 1990s were kicking out asses and it was all, supposedly, due to the "Free market!" when in reality those governments were intervening heavily in their economies and when they stopped-the economic miracle fell apart.
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what about all of the "non internventionalist" economic schools (ALL Of them. fuck naming them all)'s theorys that Didn't pan out. That we'd see runaway inflation by the end of this year, that hyper inflation is around the corner. That inflation is dictated by the ammount of money in supply. And yet the fed TRIPLED the money supply and the dollar GAINED value against other currencies. explain all of that.
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and as I recall, it took schiff to 2007 to put the pieces together.
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big whoopity shit. Schiff predicted the collapse. Steve Keen (a keynesian) did too. So did Dirk Bezemer, same with Fred Harrison, Michael Hudson, Jakob Brøchner Madsen,
Robert Shiller, Nouriel Roubini, Kurt Richebächer -all of them keynesians. In 2005.
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Peter schiff is an idiot. Read krugman's latest blog on inflation. that it to say if we just nationalized the fed and ordered the fed to GRANT the government 15 trillion dollars to pay off the debt that money would get caught in liquidity traps and, there would be no inflation. The government is not broke-It can very easily print it's own currency, therefore it can NEVER be broke. all of these analogies to household finance don't apply.
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this is a direct result of having a Black president how can you have a black president when blacks are illiterate. idiots!
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This is call sensoring. There is a youtube vid with Ron Paul being sensored several times as well.
No worries! The truth is out! We know...!!!!!!!!
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Shiff was interviewed many times on these news stations predicting the market crash of 2007. Also, another report was released that at current spending rate the government will only have 8 cents per tax dollar for discretionary spending in 2020. Clearly that can't happen. Something must give and I think Shiff knows what his talking about. More than you for sure.
technical problems. how convenient ;)
maartinjsh86 2 years ago 16
You can fool some of the people all the time, and you can fool all the people some of the time, but you cannot fool all the people all the time. Which famous person said this? Very relevant today.
Dorothyinstead 2 years ago 9