Peter called the recession in 2006 when most of the other economists and commentators were arguing against his logic. Peter also said things would get worse and they did. Finally, a voice of reason amidst most of the confused talking heads on TV. This is proof that Austrian
economics has a better or more correct understanding of how markets should and in fact do work. Contrast Peter’s model with Keynesian doctrine which is taught in most colleges. That doctrine has failed to deliver a successful
and prosperous economy which benefits everybody equally. We need more guys like Peter Schiff
running in Congress and teaching in our colleges so America can get back on her feet again.
I wish people like Jon Stewart of Daily Show and Elizabeth Warren from Harvard University must run and replace the current Congress men/ women (senators).
On second thought, wait until it corrects on more time as the banks manipulate it down one more time. That’s about all they have left. After that, not enough capital to manipulate it down again.
LOL. Keynes has been out for years. Get it straight carlton. So called “Keynesian” idiots such as roubini,Schiller and Krugman all saw the collapse in the front view mirror.
Yet, that is not ever mentioned by people like yourself. Grow up.
9 Responses to “Peter Schiff on The Daily Show”
Peter called the recession in 2006 when most of the other economists and commentators were arguing against his logic. Peter also said things would get worse and they did. Finally, a voice of reason amidst most of the confused talking heads on TV. This is proof that Austrian
economics has a better or more correct understanding of how markets should and in fact do work. Contrast Peter’s model with Keynesian doctrine which is taught in most colleges. That doctrine has failed to deliver a successful
and prosperous economy which benefits everybody equally. We need more guys like Peter Schiff
running in Congress and teaching in our colleges so America can get back on her feet again.
By Carlton on Jun 10, 2009
I wish people like Jon Stewart of Daily Show and Elizabeth Warren from Harvard University must run and replace the current Congress men/ women (senators).
By CG on Jun 10, 2009
Buy Gold NOW!
By Schmuel Rhodinsky on Jun 10, 2009
On second thought, wait until it corrects on more time as the banks manipulate it down one more time. That’s about all they have left. After that, not enough capital to manipulate it down again.
By Schmuel Rhodinsky on Jun 10, 2009
RUN, Peter, RUN!
By derryb on Jun 10, 2009
LOL. Keynes has been out for years. Get it straight carlton. So called “Keynesian” idiots such as roubini,Schiller and Krugman all saw the collapse in the front view mirror.
Yet, that is not ever mentioned by people like yourself. Grow up.
By The Rage on Jun 10, 2009
Roubini-is-not-a-Keynesian.Obama’s-so-called-experts
are-ALL-Keynesian-devotees.They-freely-admit-it-on
the-news-shows.Hyper-inflation-on-the-way.
By Tomsk on Jun 10, 2009