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Recent Posts

Peter Schiff vs Robert Prechter – Inflation-Deflation Debate (8-Nov10)(4-4)(FINANCE & ECONOMICS)

*Formore detailed ‘INFORMATION’ or ‘SEARCH’ on the ‘AUTHOR’, ‘SUBJECT’ and ‘RELATED TOPICS’ use our ‘YOUSEARXCH’ facility – Google – YouInformation- followed by – the authors ‘NAME’/'TITLE’ or – ‘SERIES’ title. *For ‘QUALITY INFORMATION’ (QI), videos, news and features contained in our Associate Channels and Digital Information Platforms, Google ‘yousearxch-’ (followed by ‘name’ or ‘series title’) for a ‘global search’ or click on ‘yousearxch’ tag, for YouTube only search. [...]

Peter Schiff vs Robert Prechter Inflation-Deflation Debate (8-Nov-10)(3-4)(FINANCE & ECONOMICS)

*Formore detailed ‘INFORMATION’ or ‘SEARCH’ on the ‘AUTHOR’, ‘SUBJECT’ and ‘RELATED TOPICS’ use our ‘YOUSEARXCH’ facility – Google – YouInformation- followed by – the authors ‘NAME’/'TITLE’ or – ‘SERIES’ title. *For ‘QUALITY INFORMATION’ (QI), videos, news and features contained in our Associate Channels and Digital Information Platforms, Google ‘yousearxch-’ (followed by ‘name’ or ‘series title’) for a ‘global search’ or click on ‘yousearxch’ tag, for YouTube only search. [...]

Economic Illiterate Peter Schiff’s Insane ‘Deflation Is Good’ Argument Debunked Again

An interesting perspective on deflation from Robert Pollin of PERI. The clip also ends with a nice quirk – interviewer Paul Jay says “The question is what you people at home do – and its to start to understand economics.” Right on the button, Paul – the reason why the US is in this mess is because of a mass of uneducated economic illiterates following other economic illiterates like Peter Schiff around like the bubonic plague. Its also painfully obvious that Paul Jay, an investigative journalist, after listening to economic experts during interviews and actually doing some decent research on the subject, is quantum light years ahead of economic illiterates like Peter Schiff, in knowledge, understanding and interpretation of deflation. From the New York Times article “Japan – From Dynamic To Disheartened”, explaining the effects of deflation, which Robert Pollin describes in the clip, and which economic illiterate Peter Schiff thinks is such good [...]

Economic Illiterate Peter Schiff’s Senseless ‘Deflation Is Good’ Argument Debunked

Right off the bat, Schiff once again displays his enormous ignorance in stating that the prices of electronic goods such as computers, TVs, mobile phones etc. drop every year but sales are not adversely affected. Well, Peter – for your information – the price decreases are mainly due to technological advancements and production efficiency improvements. [...]