THE PETER SCHIFF BLOG : An Unofficial Tracking of Peter Schiff and The Libertarian Austrian School of Economics
PETER SCHIFF
Friday, April 1, 2011
Peter Schiff on The Jobs Report
Pater Schiff :...what few people seem to understand is that the jobs we are creating are actually adding to the problem , we are creating a lot pf goods consuming jobs while we ae not creating the goods producing jobs that the economy needs , and the reason that we continue to create the wrong kind of jobs is because the federal reserve is handing out free money , it is because interest rates are so low individual Americans and in particular the federal government is able to spend all sort of money that we do not really have and these that are created now are function of the spending borrowed and printed money but the process of creating all this inflation to preserve the phony economy and non productive jobs is causing severe damage to the US economy which will ultimately result in much higher rate of unemployment because once the FED takes the punch ball away the jobs go with it ...
Labels:Peter Schiff ,Ron Paul
The Jobs Report
Subscribe to:
Post Comments (Atom)
Popular Posts This Month
-
The Dollar will collapse the Credit cards bubble is about to burst , buy Gold Buy Silver save your assets ...The dollar will drop like a sto...
-
By Peter Schiff I've made a living out of exposing economic fallacies, but there's one whale that I can't seem to harpoon. Eve...
-
government created jobs like the census jobs are counterproductive and unproductive jobs ... Peter Schiff is considering to run for Senate !...
-
A very strong debate yesterday on MSNBC between Peter Schiff and the host on the Ed show on two major topics the healthcare reform and the s...
-
by Peter Schiff Strike up the band, boys, happy days are here again! Recently released short-term economic dat...
-
Peter Schiff : We need to have a Massive Recession and Peter Schiff: Why College Tuition Is So Expensive Lessons from the Crisis: The Limits...
-
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...
-
Robert Kiyosaki The Rich Dad Difference part 1: 3 types of education part 2: The Cashflow Quadrant part 3: Savers are Losers part 4: Assets...
That means it's a fake economy and it's not based on truth.
ReplyDelete