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Recent Posts

Economic Crisis Hyper Inflation or Deflation Danger?

Economic Crisis Hyper Inflation or Deflation Danger? This explanation is a simple but accurate one. Josh Galt goes over Deflation due to the Fed putting [...]

Peter Schiff Says Deflation Is Great (& Doesn’t Understand Difference With Price Compression)

Peter Schiff once again demonstrates his economic illiteracy by comparing cell phone & laptop prices with staple prices. Prices of cell phones and laptops are not dropping due to deflation, they are dropping due to price compression mainly from technological advances. Why does this primitive ape think the US government introduced the concepts of ‘hedonics’, quality and substitute bias into inflation calculations – no, it’s not to fudge inflation data – it’s to properly balance out apples to orange calculations across different product categories. Despite Japan’s lost 2 decades as an example, this nincompoop still maintains that deflation is great for economies. www.businessweek.com www.nytimes.com www.nytimes.com [...]

Lauren Lyster Teaches Economic Illiterate Peter Schiff Word Of The Day – ‘Deflation’

Lauren Lyster does Peter Schiff a big favor and educates him on what deflation is and how it affects the economy. Hopefully, he passes this 1st 8th grade level learning session so that when he goes on TV, he doesn’t embarrass himself any [...]

Peter Schiff’s Laughable Assertion That ‘Economic Growth = Increased Production = DEFLATION’

Only a seriously retarded dumbshit would be able to conjure up such an asinine theory. Its not that this guy just has NO basic economic knowledge – hes a complete doorknob. SchittReport can only laugh and laugh and laugh (non-stop) at the material Petey is providing him to make these [...]