Max Keiser interviews money manager, economist author and radio host Peter Schiff to talk about inflation : "yo know you get this Keynesian or neo Keynesian idea that inflation or economic growth or unemployment high unemployment are somehow mutually exclusive that as long as you have a slack in the economy and i.e. resources and unemployed workers that you cannot have inflation , I mean no matter how much money the government prints that prices are not going to rise and that nonsense in fact reality is just the opposite people who are employed in making things keep prices down in fact prices will fall if you have a lot of people making things because the supply of hings goes up and so the price of those things can go down , when people aren't working and aren't being productive you have a scarcity in production and that makes prices go up you throw cheap money on top of it , you have inflation being created by central banks and you have more and more money chasing the diminished quantity of stuff , prices can ruse much faster in a weak economy than they would in a strong economy "
THE PETER SCHIFF BLOG : An Unofficial Tracking of Peter Schiff and The Libertarian Austrian School of Economics
PETER SCHIFF

Saturday, June 11, 2011
Peter Schiff Interviewed by Max Keiser on The Edge Press TV - Jun 11, 2011
Labels:Peter Schiff ,Ron Paul
Max Keiser
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 ...
-
by Peter Schiff April 17, 2009 In a speech this week summarizing his administration’s economic policies, President Obama grossly overstated ...
-
Bailouts, stimulus packages , debt piled upon debt, where will it all end? How did we get into a situation where there has never been mor...
Keiser is a global warming dupe.
ReplyDelete