Peter Schiff Testifies Before Congressional Jobs Committee - Part 1 - 9-13-2011
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Uploaded by LetsWakeUpToday on Sep 14, 2011
Peter Schiff Testifies Before Congressional Jobs Committee - Part 1 - 9-13-2011
- 28 likes, 1 dislikes
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- 14:38
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@Breadkeyboards I think he means you have to create things to be able to purchase other things. In that context, generally he is saying that the government can't just print more money to create demand, people have to actually produce and save to be able to afford things.
racehorse593 5 months ago
@shieldofavarice I bet it was how much money he pays in taxes.
racehorse593 5 months ago
@gator1salsero I want to be Secretary of Awesome and have you on as the Secretary of Getting Laid!!! "Everyone gets laid at the white house, EVERYONE!!!!"
racehorse593 5 months ago
@Breadkeyboards necessity and need create DEMAND , supply and cost are the inverse of one an other , the higher the supply the less the cost , the less of a supply the higher the( price )which is dependent on the demand
jhunted7667 5 months ago
@gator1salsero READ THE BOOK (MAN GREED AND THE ECONOMY ) a strange book but what an eye opener ,
jhunted7667 5 months ago
Relative to other countries? Which countries? Greece? Spain? Italy? Ireland? They are going into the same deep hole as you go.
kessass83 5 months ago
Another domination by Schiff!! I wanna see Paul/Napolitano 2012 w/ Schiff for Treasury Secretary!! Anybody here actually want to see the IRS abolished? Schiff's dad is in federal prison b/c of the IRS. How much do you think he would love to head up that agency and take it down from w/ in?!?
gator1salsero 5 months ago 2
I just wanna know what Peter wrote on that note @13:53
shieldofavarice 5 months ago
@Breadkeyboards-Say's Law: Effective demand, which is demand that can be actualized, is constituted in a former source of supply..don't try to lecture anyone on economics if you don't even know what Says law is, especially Peter Schiff.
aorober1 5 months ago
"Demand comes from supply???" Peter, you call yourself an economist?
Breadkeyboards 5 months ago