Rick Santelli goes after the Federal Reserve and the other central banks of the world once again for their culpability in the economic collapse in the below video from CNBC. It’s been four years since the famous Santelli video went viral in which he admonished President Obama for bailing out the banks and mortgage holders. […]
Economist challenges Paul Krugman on basic economics
Economist and philosopher Hans Herman Hoppe gives Paul Krugman a very rudimentary challenge on his Keynesian economics of monetary and fiscal stimulus. In classic Hoppe fashion he suggests that questions be asked of Krugman in a childlike manner. Really he is just using the Socratic Method of logical deduction through asking a serious of questions […]
Peter Schiff on gold, the dollar, and the U.S. economic collapse
Doug Casey interviews Peter Schiff about the future price of gold as well as the value of the dollar and the future of the U.S. economy. According to Schiff taxes will go up but the biggest tax will be in the form of inflation. It can be avoiding however by owning gold and diversifying out […]
Economic collapse has forced 5,000 PhDs to work as janitors: Infographic
Over the past few years, the economic collapse has forced many highly educated people to turn to food stamps and other forms of welfare for help. Over 5,000 PhDs are working as janitors, and many more are working as waiters, secretaries, attendants, clerks, and telemarketers. In fact, the number of PhDs and Master’s degree holders […]
Another Keynesian gets smashed by Peter Schiff
Peter Schiff school’s CNBC’s Senior Economic Reporter Steve Liesman in basic economics in his latest appearance on CNBC.