Didn't you used to believe that?It appears that Schiff does not understand where money comes from. Like so many people, from the masses to so-called experts, he thinks the government just creates money from thin air.
Didn't you used to believe that?It appears that Schiff does not understand where money comes from. Like so many people, from the masses to so-called experts, he thinks the government just creates money from thin air.
Nonsense??? Really? I think he is dead on!There is much I disagree with on Schiff. His position on the automakers is one of them. He argues that fire sale prices and globally competitive wages will result in a more efficient auto industry, and suggests that people don't want the products that the big three are manufacturing. That's all nonsense!
This is like the tenth or eleventh best moment of my life
Since this is a POTD thread... :idunno:what is? :idunno: