Comments on: Ron Paul, Peter Schiff on Freedom Watch

By: Paul Boynton

Paul Boynton — Thu, 19 Mar 2009 18:49:45 +0000

Tracy Barnes adds nothing. She is a Jersey mall rat yenta. She actually shoos Peter and one point and says “Peter has been on this gold schtick for a while.”

Like or Dislike: 0 0

By: Nate Y

Nate Y — Tue, 17 Mar 2009 22:26:33 +0000

If we are to discuss inflation, we have to use the proper definition. Inflation is an expansion in the supply of money/credit. A general rise in prices is a consequence of inflation, not inflation itself. Unless we can agree to use the same terms, there’s no point in having a discussion. Are you willing to use the correct definition?

Granted, you don’t explicitly say that inflation is a general rise in prices. However, since you say that Schiff has been wrong about inflation, it certainly implies you think that is what inflation is.

Like or Dislike: 0 0

By: Jared M.

Jared M. — Tue, 17 Mar 2009 19:35:47 +0000

We will not see the effects of this enourmous increase in the fiat money supply until the economy picks up and the banks start loaning and people start investing and spending. Inflation is created by alot of people having alot of money and bidding for the same items. Prices will rise when this new money makes its way into the system. So dont get to excited when the market rebounds its going to be a double edged sword.

Like or Dislike: 0 0

By: observer

observer — Sat, 14 Mar 2009 00:49:13 +0000

If you look at the website their balance sheets are already public. In fact, if you check out their website they provide far more information than any public company provides.

What, specifically, would you like to know that is not on the federal reserve website? Have you ever looked at their website? Have you ever attempted to educate yourself or do you just send emails at someone else’s behest?

Seriously, it is not secrecy at times that is important, but the perception of knowledge coupled with the laziness to corroborate.

Like or Dislike: 0 0

By: Ross

Ross — Thu, 12 Mar 2009 09:46:48 +0000

Forest,no one is talking about making balance sheets public.Congress just wants access to information about an organisation that the tax payer is funding.If you are a share holder in a company,surely transparency is paramount? The Fed is no different.

Don’t try to defend the indefencible,since the day if reckoning is nigh!

Like or Dislike: 0 0

By: BT

BT — Thu, 12 Mar 2009 02:25:10 +0000

This is the kind of show we need ON THE AIR. I’m glad they at least have an outlet for this information through the web.

Like or Dislike: 0 0

By: forest

forest — Thu, 12 Mar 2009 00:32:46 +0000

Since Mr. Schiff has been totally wrong thus far regarding decoupling, commodities, and inflation (i know i know, he will totally be right ‘one day’). See his Zimbabwe rant on youtube last year…

So, that being said, in a inflationary vein, China has a pegged currency that we have been ’shipping money to’.

If China has substantial holdings of treasuries, wouldn’t that make them dummies if inflation were to now occur? Do you want to be a huge holder of treasuries, be the catalyst for inflation, and then try to sell those into the teeth of an inflationary enviornment?

And thus, if we did take the loan, at the cost of social strife on their part, wasn’t that a good idea to finance the ideal of capitalism?

Remember, as a country we have defaulted on sovereign debt before. And we have done it while the stronger world was on the gold standard.

I welcome the discussion.

Like or Dislike: 0 0