work is not an end by itself , all the slaves had a job !! everybody in the Soviet union had a job ...the world is sending us all their goods and we send them dollars that are not backed by anything just pieces of paper with some ink on them , one day the world will end up figuring that out , then we will have hyperinflation and the dollar will collapse :
Can we ever get away from the deep hole we are digging ourselves each day deeper
? The answer is Yes but we should undergo a rehab and change our ways of spending and start producing and saving ..it won't be an easy therapy ...we need to let market forces do their job , we need to produce and save our way out of this mess..Recession is the cure.:
PETER SCHIFF
Subscribe to:
Post Comments (Atom)
Popular Posts This Month
-
Here are some of Peter Schiff's Quotes , Please feel free to post more , and I'll make sure to add them to this list ...let's ma...
-
by Peter Schiff Strike up the band, boys, happy days are here again! Recently released short-term economic dat...
-
Once again, someone Cenk Uygur trying to debate Peter Schiff simply lacks the finance and economics knowledge to do so . The Young Turks al...
-
Peter Schiff : We need to have a Massive Recession and Peter Schiff: Why College Tuition Is So Expensive Lessons from the Crisis: The Limits...
-
The Free Fall of the Dollar : “When the U.S. decouples, the world will thrive,” “The world doesn’t need our consumption, we need their produ... -
Minimum Wage, Maximum Stupidity By Peter Schiff In a free market, demand is always a function of price: the higher the price, the lower the ... -
Peter Schiff today directly from Las Vegas will talk exclusively about the minimum wage new law "one of the stupidest laws in active ...
-
In the wake of the Cyprus banking crisis, Peter Schiff of Euro Pacific Precious Metals says, "There's no question a crisis is on it...
Yes Peter, not all jobs are created equal. The goal of jobs should be productivity but it seems that throughout the years, after economic slow-downs, governments have resorted to facilitate or create unproductive jobs as a means of reducing the prospect of joblessness. Thanks to the electronic printing press, the aim is for everyone to get a pay check regardless of productivity.(Besides,don't forget, productivity is very subjective and it means different things to different people):).
ReplyDeleteSo you have the ones whose "accomplishment" is to provide easy votes-- people on welfare--they get paid. Then you have the ones who pretend to do something but produce nothing--they get a paycheck. And, of course, you have the group that makes the other two possible--the ones who produce something.
The question is: can we point the finger solely at the government for this state of affairs???