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"Ben Bernanke Has Never Gotten Anything Right," Peter Schiff Says

Putting Peter Schiff on a panel with St. Louis Fed President James Bullard and former Fed Vice Chair Alan Blinder is asking for trouble or, at the very least, a heated debate.
That's just what occurred last Sunday night in New York at an event sponsored by Princeton's Business Today.

Predictably, Euro Pacific Capital's Schiff disagreed with Bullard and Blinder on just about everything, including the government's role in causing the crisis, and the outlook for the economy and the dollar.

But the most contentious moment came toward the end of the evening when a student asked the panel to comment on Ben Bernanke's 2005 "global savings glut" theory, and what role China's high saving rate played in the credit bubble.

Video and more at: http://finance.yahoo.com/tech-ticker/article/379864/%22Ben-B...

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Peter's the man.

Hooray, for Peter telling it like it is.

Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.

Is he still running for the US Senate?

"I believe the true significance of the Gold Commission is that the politicians and central bankers were so alarmed at such a thing that they made sure it was packed by an array of Keynesians and monetarists." (Ron Paul 1985)

yup

he most definitely is, and at least one of those he will be competing against in the primary has decided to drop out of the race.

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Progress is precisely that which the rules and regulations did not foresee. - Ludwig Von Mises.

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Progress is precisely that which the rules and regulations did not foresee. - Ludwig Von Mises.

Schiff is a natural.

Although "Crash Proof" was intended as an investment guide, its actually the best economics primer I've read.

"I believe the true significance of the Gold Commission is that the politicians and central bankers were so alarmed at such a thing that they made sure it was packed by an array of Keynesians and monetarists." (Ron Paul 1985)

good to know

thanks.

Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.