Eric Trump just said no one can deny that his father has done a great job of making America wealthier. What am I chopped liver? Sure paper wealth has increased as stock prices have risen. But that wealth will evaporate quickly as debt and interest rates rise, and growth slows.
— Peter Schiff (@PeterSchiff) February 1, 2018
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- September report “Did an entire generation of Millennials come of age, and never saw American prosperity?" published. http://bit.ly/2y4LJZQ
- High Black unemployment results more from bad legislation coming from Congress and the White House, than bad monetary policy from the #Fed!
- Coalition commodities editor Neil Hume noted that precious metals “performed significantly better.” http://bit.ly/2vnNZtc
- Banks played a major role in the Great Depression, Scott Sumner
- The higher Dec. trade deficit likely mean last quarter's low #GDP number will be revised even lower. It also likely means that GDP growth for all of 2017 may be less than the average annual growth rate experienced during Obama's 2nd term. But hope springs eternal for 2018.
- #JanetYellen denies the Fed is concerned about the stock market, or that it considers the market when deciding on interest rates. Yeah right
- Malinvestment and the Austrian Business Cycle, as explained by Yogi Berra
- Education bubble is the source of low productivity and a major red flag for the US economy: https://t.co/AIESGrqEL6
- @RJChancey Times are not very good. That is exactly what Republicans were claiming just before the 2008 financial crisis. We are actually in worse shape now than we were then, and headed for an even greater economic crisis.
- Silver Is Significantly Undervalued – A Terrific Buy (Video) @SchiffGold http://t.co/uEnTBjhOsm