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Marc Faber about Zimbabwe School of Economics 2009.02.06

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Uploaded by on Feb 6, 2009

Marc Faber on 2009.02.06 said, that there are now different schools of economy: austrian school, monatarist, etc. but the most popular one now, the new zimbabwe school of economy.

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  • Ha Ha.... "Zimbabwe School of Economics"... That is AWESOME! I am laughing my ass off. Thank you for posting this video... it really made my morning.

  • actually you are wrong....

    The monetarists and keynesians are both wrong and have been proven wrong by the austrians time and time again....

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  • @Babyfatha2010

    What's a douche bag?

  • @2012Ronpaul2012

    Indeed, indeed, the British and Anglo-Saxon bloc have often regarded anyone outside their bloc with disdain. Bloc-heads.

    No, I'm serious. They were so forcefully focused on their own Isaac Newton, that they completely missed Einstein's work .. well, almost. Had it not been for their Eddington who brought Einstein to their attention.

    Had their thought outside their nationalistic square, they may well have been the first acquire the Bomb.

  • Actually gold does not go through the roof. Gold consistently holds its value. You aren't seeing an increase in the value of gold, you are seeing a decline in the value of the USD. The more the dollar drops in value, the bigger the contrast, hence the appearance that gold is going through the roof.

  • print more

  • Marc Faber you're a douche bag!

  • Hhahahahaha!!!! FAVORITE!!!!!!!!!!!!!!!!!!

  • 800 Military bases , buying up politicans in Eastern Europe , Building Anti missile defense against Russian federation , Conquering free countries based on Lies .

    Stealing natural resources , in Central ASIA and middle east, Funding regimes who are hostile to Russia and China ,

    Controlling what people think of the war , censoring Media ,

    What good will come out of This ...

  • @2012Ronpaul2012

    Monetarists are just weirdoes who perceive the perniciousness of Keynesians but still can't perceive economic truisms that allow them to understand the reality of money. To quote Rothbard and to invoke Rothbard's Law, Friedman was an idiot when it came to monetary theory.

  • I dont think they'll pay off their debt by inflation, higher taxation is more likely

  • Gold is money if the market picks it as money - like it has for thousand of years.

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