Peter Schiff & Steven Keen on Dateline(Australia) - Part 2 of 2
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@Esoparagon Some refer to the black market as the only free market left... Oh, I'm on your side. Austrian economics for me.
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Lotto lout Michael Carroll going back to being a binman after blowing £9.7m win
Read more daily mail uk etc
It is not the system's fault every time anyone gets poor.
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@savemyplaylist true there is plenty of low cost housing in the USA but not in Australia.Plenty of cheap housing in Detroit city and ha ha ha to you too.Partly, because your economic system follows Newtonian laws of physics, every massive boom has a massive bust ha ha ha ha ha.
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Keen rebutted in the following video -- please paste WkdEHRpmG4k to YouTube Search - includes flow diagrams that really do explain this hyper-Deflation.
Peter Schiff rebutted here XJBAje4d8LY
Populist social credit, debt-free treasury money and debt repudiation -- all three together -- is the answer: q40nXVkZsbE
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Did anyone notice how Steve Keen subtly demolishes Peter's arguments? Keen is trying to tell Peter that money is endogenously created by private banks and not the Fed. What does Peter do? He denies it, and denies the evidence for it (there IS massive inflation!).
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@sighbaru hahahahahahahh those degenerates have been homeless for decades. There are tons of shelters and low income housing. The kind of people who live in tents have mental issues.
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No homelessness in the USA don't talk utter shit.go to tent cities on Youtube.
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already this week housing in sydney have come down 30 percent
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the australian bubble has to come soon , and it will happen
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Nice find there. Good to see Peter in action again.
Hossi 3 years ago 13
Notice Peter isnt on faux news anymore. Too much "i told you so" i guess ..haha
EMPIRE0FLIES 3 years ago 8