Monday, April 20, 2009
Peter Schiff Vlog
April 20, 2009
investments, stock, bonds, gold, silver, commodities, jim rogers, marc faber, peter schiff, ron paul, banking crisis, economic meltdown
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Always up to date with the latest of Jim Rogers, John Stossel, Marc Faber, Peter Schiff and Ron Paul!
Hello,
ReplyDeleteI`m from Portugal and i started watching Peter interventions about the economy and since that i become wiser about what is sound economy. I have to thank you and the Austrian school for that, because i spent my time in college listening a bunch of guys teaching keynes and friedman that in the end are completely nonsense.
Any way, my question is:
After reading this text of prof. Fekete what would you say about that theoretical thought?
I put this question because is a follower of Austrian but he has a different point of view of the people that forecast inflation, but in the end, he predicts the economic collapse by the same line of most austrians.
http://www.professorfekete.com/articles%5CAEFTheMarginalProductivityOfDebt.pdf
THE MARGINAL PRODUCTIVITY OF DEBT
Why Obama’s Stimulus Package Is Doomed to Failure
by Antal E. Fekete