Peter Schiff debates "Ben Bernanke has never gotten anything right" on Princeton's Business Today.

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Uploaded by on Dec 4, 2009

http://thecomingdepression.net Putting Peter Schiff on a panel with St. Louis Fed President James Bullard and former Fed Vice Chair Alan Blinder is asking for trouble or, at the very least, a heated debate.

Predictably, Euro Pacific Capital's Schiff disagreed with Bullard and Blinder on just about everything, including the government's role in causing the crisis, and the outlook for the economy and the dollar.

But the most contentious moment came toward the end of the evening when a student asked the panel to comment on Ben Bernanke's 2005 "global savings glut" theory, and what role China's high saving rate played in the credit bubble.

Schiff's response, "Ben Bernanke has never gotten anything right," generated some guffaws from the crowd and a sharp retort from Blinder and Bullard, who rose to Bernanke's defense.

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  • The people that applauded, 10 years from now, are going to be wondering they didn't believe Peter.

  • Schiff named three major things that Bernanke got wrong in 20 seconds. The other two had about a minute and couldn't name one. That's because there isn't one.

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  • It's hard to understand either guy to the side of peter with Fed cock in their mouths.

  • he would challenge others to step into the shoes of ben bernanke and completely FUCK everything up. well shit, I could do that.

  • "Bernanke has been innovative in responding to this crisis." Fucking how?!!

  • I'd love to Challenge Bernanke. Problem is I kind, because the Fed is a MONOPOLY...

  • Yeah, they laugh now, but soon they won't know what hit them. Then they will blame the Free Market. WHAT FREE MARKET?!

  • Another Schiff classic. The two self interested Fed guys have got their nose up Benankes bottom tryning to defend their position. The suckhole fed guys are exactly the type of people we dont want running the country.

    Vote 1 Schiff for senate

  • The both FED guys (on the left and on the right) won t criticize BeBe. They are probably guilty too.

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