Peter Schiff, president of Euro Pacific Capital and bestselling author of “Crash Proof,” is posting a series of videos on YouTube that look back at interviews he participated in prior to the economic collapse. In these videos, he lays out the housing crash, a collapse in the stock market and the Federal Reserve’s disastrous reactions. […]
Archives for May 2014
Alan Greenspan says it’s wrong to blame Federal Reserve for economic collapse
Former Federal Reserve Chair Alan Greenspan says it’s inaccurate for some financial commentators and contrarian investors to blame the central bank for the latest economic collapse when he was head of the Fed from 1987 to 2006. Critics of the Fed regularly argue that it was the monetary policies of artificially low interest rates, credit […]
Rand Paul wants to back bitcoins with stocks
One of the biggest criticisms that libertarians and many students of the Austrian Economics persuasion have is that bitcoins and other cryptocurrencies like it are not backed by anything tangible or real, such as gold and silver. Therefore, a lot of them dismiss bitcoins because it does not maintain a store of value. What’s the […]