12/4/09 (2/2) David Tice vs Keynesians on Bloomberg: S&P to 400
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david tice is wrong here all the way
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I agree with Tice, Keynsianism is flawed in that it ignores opportunity costs.
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Tice's timing is off but he is correct about the direction of the economy.
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In the short term many people will see the expanding government as some kind of hero who somehow gave away tons of money to save us all. They'll again ignore all the freedoms we all lost. In the mid term many will notice price increases on everything becoming more and more common. In the longer term government will start a diversionary war.
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It refers to Keynes who opined that government spending would result in greater economic activity, even if it's deficit spending.
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This video should be renamed "David Tice educates three idiots!"
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It is weird but I do not understand keynesian? What a fucking language!!
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more americans or the world wont know what the word keyensian is. Only if you follow the markets or an economics student
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Tice gave in a bit that the government "had to do something". He was a bit timid in his defense of Austrian economics. He needs to be a bit bolder if he really believes in AE.
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He is absolutely right. More production and stop this inflation of housing prices. Prices cannot raise perpetually on houses, thats called inflation, not an increase in value. I still cant believe some ofthese people dont understand the concept of market fluctuation. They think there is supposed to be this constant uptick in value. That doesnt happen, markets are cyclic, where do you think buy low and sell high came from, it was from the ups and downs of markets that were NORMAL
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This damn mass media keeps saying "we didn't have a choice"...yes we did have a choice and it was cut spending and let the bad companies fail.
smasila 2 years ago 10
Tice smokes these douche bags.
bajoverga 2 years ago 8