Like the Laws of Physics, you cannot alter Economic Law. Peter Schiff, a student of the Austrian School of Economic Theory, nailed it here:
-------------------------
Buy Gold & Silver
Subscribe to:
Post Comments (Atom)
News and Commentary on the Economy, Precious Metals, and Individual Freedom.
Blog Archive
-
▼
2008
(166)
-
▼
November
(45)
- The definition of Liquidity
- What the 2nd Amendment is really for
- Citigroup says gold could rise above $2,000 next y...
- Social Unrest in Iceland, U.S.next?
- Judge spares E-Gold directors jail time
- The FDIC con game continues...
- Gold around the world
- The Truth About Bailouts
- Yikes! 3 More Banks Fail Today
- The Man Who Called The Collapse
- 30 reasons for Great Depression 2 by 2011
- Mint suspends orders amid rush to buy bullion
- Merry Christmas! Stop making mortgage payments
- Bernanke Says Federal Reserve Won't Reveal Details...
- Video: Ron Paul questions Bernanke
- More on commodity money
- Commodity money
- Freddie Mac says it is worth less than zero
- Gold may spike to $2,000 in medium term
- Iran switches reserves to gold
- G20 Summit Commentary by Ron Paul
- Chinese Gold Rush could tip the scales
- Russia's financial crisis is getting worse
- Fed refuses to tell you where they spent your money
- More Bank Runs
- Economics in One Lesson
- A Recipe for the Next Great Depression
- Gimme, gimme, gimme
- Revolution Calling
- Watch Your Retirement Account
- Security Pacific Bank siezed by FDIC, #19 this year
- How to pay off your debts for pennies on the dollar
- Layaway making a comeback
- U.S. to Borrow Record This Quarter to Finance Deficit
- Stunned Icelanders Struggle After Economy’s Fall
- John Stossel's Lost Footage: Private Biz to the R...
- Franklin Bank closed, 18th failure this year
- Even the Sage of Omaha has money problems
- Gun Sales Continue to Boom After Election
- More Hedge Funds Halting Redemptions
- What Happens when Countries Go Bankrupt?
- Cash or Gold?
- Want Freedom? Don't Vote!
- Own T-Bills? Stop Financing Criminals!
- Freedom Bank taken over in 17th failure this year
-
▼
November
(45)
Posts
Schiff is absolutely right.
ReplyDeleteOur reckless rooster has come home to roost.
Our government will not step out of this. They love the power that this crisis will give them. Only more regulation and socialism will come of this and the dollar will crumble.
Those of us who want serious change in our country will have to ban together.
I for one am giving serious thought to this new free State movement going on in New Hampshire.