Yet another Peter Schiff video talking about the past, but nothing to say about the present or future.

I'd really really really really really really really really really really really really really like to know what he and Ron Paul would do if they had the power. What would they do today, right now?

I've yet to hear.

What are you talking about? I think they've said it plenty of times. They would abolish the Federal Reserve and go back to Gold as hard currency. If you mean what would they do about the crisis, then they would do exactly nothing. They believe that this recession is about redressing the malinvestment that resulted from previous inflationary policy. According to them there is nothing to do but go through this process. More generally the economic situation can be improved by reducing the size and commitments of government.

>> ^volumptuous:
Yet another Peter Schiff video talking about the past, but nothing to say about the present or future.
I'd really really really really really really really really really really really really really like to know what he and Ron Paul would do if they had the power. What would they do today, right now?
I've yet to hear.


Look at that, trolling the ron paul posts! Hah!

You don't listen. Search the sift, you will find the interview with Paul where he states he would reduce government intrusion, and end the fed. I don't need to find it cause I already know.

Ron Paul and peter Schiff have stated many times that the best but painful solution is to allow the deflation to occur now. Any propping up of the bad loans by supplying liquidity will only defer the necessary revaluation, and will also entail inflation if the money is printed, and/or large interest payments from lenders that provide loans for the propping.

Moving this video to NordlichReiter's personal queue. It failed to receive enough votes to get sifted up to the front page within 2 days.

*dead

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