tag:blogger.com,1999:blog-5713178645208582139.post3746054460710258312..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: Another Economic Prophet: Peter SchiffDavid Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-5713178645208582139.post-33882868833882782152008-11-22T07:58:00.000-06:002008-11-22T07:58:00.000-06:00It seems they were really right, on the other hand...It seems they were really right, on the other hand, there are many "prophets", who predicted crisis. Maybe not exactly this one, not the exact date and extend, but they have predicted that current monetary system, based on central banking, state monopoly on money and some other features will lead to a serious problems. It's Freedman rule, but also Austrian school predictions...<BR/>Regards,<BR/>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-31179056583711227072008-11-19T11:43:00.000-06:002008-11-19T11:43:00.000-06:00That's a classic."The U.S. economy has never been ...That's a classic.<BR/><BR/>"The U.S. economy has never been in better shape."<BR/><BR/>Also, nice touch with the approaching hurricane in the corner of that FNC clip.<BR/><BR/>Someone could put together a howler of a video simply by piecing together predictions from those FNC business shows.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-15604893351961329342008-11-18T14:29:00.000-06:002008-11-18T14:29:00.000-06:00You could have had Peter Schiff at Treasury, you w...You could have had Peter Schiff at Treasury, you would have had to vote for Ron Paul since he was one of his primary economic advisors....if this gets as bad as Austrian economics might predict, maybe you might have a chance to vote for an "Austrian" candidate in 2012...... I dont see Obama doing much less than Herbert Hoover did when his administration constantly meddled with the economy until TexanNavyhttps://www.blogger.com/profile/15473969454552606499noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-5404401187298835232008-11-18T10:08:00.000-06:002008-11-18T10:08:00.000-06:00Gotta give Schiff his due respect. He was invited...Gotta give Schiff his due respect. He was invited on most of these shows simply as a punching bag, yet he stood his ground and proved them all wrong. But who does Congress invite to Capitol Hill to advise on the current mess? All the people that were dead wrong over the past few years.Adamhttps://www.blogger.com/profile/14823422975896844073noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-29590448844905359532008-11-18T08:39:00.000-06:002008-11-18T08:39:00.000-06:00Seems to me Peter Schiff would serve this country ...Seems to me Peter Schiff would serve this country well as Secretary of TreasureAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-58972712205874828102008-11-18T07:29:00.000-06:002008-11-18T07:29:00.000-06:00David,Peter is one of my heros in economics. He i...David,<BR/>Peter is one of my heros in economics. He is a strong believer in the Austrian school of economics. The book by the Austrian economist Murray Rothbard (Americas Great Depression) is a textbook explanation as to what is happening in our economy today.... Will we have another Great Depression? If Rothbard is right, based on the size of the Bank Credit Inflation in the 2000s we may be TexanNavyhttps://www.blogger.com/profile/15473969454552606499noreply@blogger.com