Peter Schiff vs James Galbraith on CNBC 4/26/10

http://EuroPac.net
http://SchiffForSenate.com

Peter Schiff obliterates the silly arguments of "economist" James Galbraith.

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[Polypropylganda]

Galbraith... so sad... such a long academic career and he'll have to die discredited.

Clinton could claim balanced budgets because he took some payments off-budget, and because Greenspan printed money which lowered the amount budgeted to pay interest on the national debt.

Truth:

What do we do when 0% interest rates don't suffice anymore? It's game over, the real depression in the USA is here in one year at most. The left are going to claim capitalism broke, and things are going to get ugly...

[patriotsport]

Galbraith is such a tool.

[bachandl1]

Rather than debating with Galbraith, Peter schiff might have done well to simply ask him questions and actually learn something...

[FilAmFan]

@pismo10 You're giving Galbraith too much of a compliment compared to what he really is.

Economics is not a science; it is the propaganda of the international bankers.

A Federal Reserve Note is nothing more than a propaganda pamphlet. It conveys misleading info causing one to do too much of the wrong thing or too little of the right thing at the wrong time.

Galbraith is not an unwitting fool; he's a tool of the New World Order. That's far worse.

[ForTehNguyen]

people are paying tuition to take this guys class and get stupider as a result?

[nednetterville]

It is ludicrous to argue that low interest rates demonstrate anything other than that rates are low because the Fed is keeping rates low. What the Fed is doing is like holding a stream back with an earthen dam. It is pretty easy to do so at first, but as the water backs up sufficiently it creates enough pressure to rupture the dam. In addition, the longer the Fed maintains artificially low rates, the weaker becomes its power over rates, the money supply and the economy in general.

[pismo10]

Galbraith is a total and complete fool.

[MEpianist]

@Polypropylganda And yet you have nothing to say. Here's a quick guide for all the MORONIC Schiff fans ... /watch?v=1Gk3EI40Ppw

[ClarkHowell]

Galbraith must be a closet communist, because clearly he wants the economies of the world to collapse in abject failure.

[ClarkHowell]

Galbraith is going to be, unfortunately, proven VERY wrong - soon

[hrmIwonder]

The fed can control interest rates. Period, full stop. The US does not even need to issue bonds. That's part of being a sovereign entity. Greece is not a sovereign entity.