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aldanteParticipant
Brian1,
RP actually has a book called END THE FED which answers that question. Lately, he has been more realistic that while the goal would be to end the fed it will take a while to do so because its debt needs to be liquidated.
It is his belief that money which is controld by the private interest of the FED would best be controlled by the people. He thinks that one way would be to allow for competeing currencies to exist. To decriminalize the use of gold and silver for instance. That way people will naturally choose how to be paid and how to pay.
He sees the FED release of $$ into the money supply as a moral issue becasue the debt at one point must be paid. When the debt exceeds the economy’s ability to pay the debt, future generations are paying for our livelihods.aldanteParticipantBrian1,
RP actually has a book called END THE FED which answers that question. Lately, he has been more realistic that while the goal would be to end the fed it will take a while to do so because its debt needs to be liquidated.
It is his belief that money which is controld by the private interest of the FED would best be controlled by the people. He thinks that one way would be to allow for competeing currencies to exist. To decriminalize the use of gold and silver for instance. That way people will naturally choose how to be paid and how to pay.
He sees the FED release of $$ into the money supply as a moral issue becasue the debt at one point must be paid. When the debt exceeds the economy’s ability to pay the debt, future generations are paying for our livelihods.aldanteParticipantArraya,
Peter Schiff direction to invest in foreign countries has to do with the weak US dollar not the regime of that nation. At least that is my understanding. I think he says to invest internationally for the same reason that he says to invest in Gold and Silver. Weak US dollar keeps our manufacturing down and our consumption up. To have a stong economy you need jobs.
I do know that RP is a fan of Ludwig Von Mises and Hayak. These theories actually predict what happened in our economy becuase of the central planning of the federal reserve. I think that most people who look at Mises would have to admit it predicts far more reliably then Keynes.aldanteParticipantArraya,
Peter Schiff direction to invest in foreign countries has to do with the weak US dollar not the regime of that nation. At least that is my understanding. I think he says to invest internationally for the same reason that he says to invest in Gold and Silver. Weak US dollar keeps our manufacturing down and our consumption up. To have a stong economy you need jobs.
I do know that RP is a fan of Ludwig Von Mises and Hayak. These theories actually predict what happened in our economy becuase of the central planning of the federal reserve. I think that most people who look at Mises would have to admit it predicts far more reliably then Keynes.aldanteParticipantArraya,
Peter Schiff direction to invest in foreign countries has to do with the weak US dollar not the regime of that nation. At least that is my understanding. I think he says to invest internationally for the same reason that he says to invest in Gold and Silver. Weak US dollar keeps our manufacturing down and our consumption up. To have a stong economy you need jobs.
I do know that RP is a fan of Ludwig Von Mises and Hayak. These theories actually predict what happened in our economy becuase of the central planning of the federal reserve. I think that most people who look at Mises would have to admit it predicts far more reliably then Keynes.aldanteParticipantArraya,
Peter Schiff direction to invest in foreign countries has to do with the weak US dollar not the regime of that nation. At least that is my understanding. I think he says to invest internationally for the same reason that he says to invest in Gold and Silver. Weak US dollar keeps our manufacturing down and our consumption up. To have a stong economy you need jobs.
I do know that RP is a fan of Ludwig Von Mises and Hayak. These theories actually predict what happened in our economy becuase of the central planning of the federal reserve. I think that most people who look at Mises would have to admit it predicts far more reliably then Keynes.aldanteParticipantArraya,
Peter Schiff direction to invest in foreign countries has to do with the weak US dollar not the regime of that nation. At least that is my understanding. I think he says to invest internationally for the same reason that he says to invest in Gold and Silver. Weak US dollar keeps our manufacturing down and our consumption up. To have a stong economy you need jobs.
I do know that RP is a fan of Ludwig Von Mises and Hayak. These theories actually predict what happened in our economy becuase of the central planning of the federal reserve. I think that most people who look at Mises would have to admit it predicts far more reliably then Keynes.aldanteParticipantBrian1
Your ability to obfuscate is quite admirable. However, I detest that you will not concede in the face of the facts:Your point was that the GSE’s did not cause the Housing Bust as predicted by RP.
From the transcript: BACKGROUND HOW WE GOT HERE!!!! (to your point)
pg1 paragragh 6
Seeing their market share decline as a result fo this change of demand, the GSEs made the decision to widen their focus from the safter prime loans and begin chasing the non-prime market, loosening long-standing underwiriting and risk managment standards along the way. This would be a fateful decision that not only proved disastrous for the companies themselves – but ultimately also for the American Taxpayer.
Once again….RP was right in what happened and you are trying some rhetorical tool to make your arguement.He never stated that the GSE’s caused the problem but that the passgae of the bill would add fuel to the fire of a false housing boom. Which is exactly what happened.
aldanteParticipantBrian1
Your ability to obfuscate is quite admirable. However, I detest that you will not concede in the face of the facts:Your point was that the GSE’s did not cause the Housing Bust as predicted by RP.
From the transcript: BACKGROUND HOW WE GOT HERE!!!! (to your point)
pg1 paragragh 6
Seeing their market share decline as a result fo this change of demand, the GSEs made the decision to widen their focus from the safter prime loans and begin chasing the non-prime market, loosening long-standing underwiriting and risk managment standards along the way. This would be a fateful decision that not only proved disastrous for the companies themselves – but ultimately also for the American Taxpayer.
Once again….RP was right in what happened and you are trying some rhetorical tool to make your arguement.He never stated that the GSE’s caused the problem but that the passgae of the bill would add fuel to the fire of a false housing boom. Which is exactly what happened.
aldanteParticipantBrian1
Your ability to obfuscate is quite admirable. However, I detest that you will not concede in the face of the facts:Your point was that the GSE’s did not cause the Housing Bust as predicted by RP.
From the transcript: BACKGROUND HOW WE GOT HERE!!!! (to your point)
pg1 paragragh 6
Seeing their market share decline as a result fo this change of demand, the GSEs made the decision to widen their focus from the safter prime loans and begin chasing the non-prime market, loosening long-standing underwiriting and risk managment standards along the way. This would be a fateful decision that not only proved disastrous for the companies themselves – but ultimately also for the American Taxpayer.
Once again….RP was right in what happened and you are trying some rhetorical tool to make your arguement.He never stated that the GSE’s caused the problem but that the passgae of the bill would add fuel to the fire of a false housing boom. Which is exactly what happened.
aldanteParticipantBrian1
Your ability to obfuscate is quite admirable. However, I detest that you will not concede in the face of the facts:Your point was that the GSE’s did not cause the Housing Bust as predicted by RP.
From the transcript: BACKGROUND HOW WE GOT HERE!!!! (to your point)
pg1 paragragh 6
Seeing their market share decline as a result fo this change of demand, the GSEs made the decision to widen their focus from the safter prime loans and begin chasing the non-prime market, loosening long-standing underwiriting and risk managment standards along the way. This would be a fateful decision that not only proved disastrous for the companies themselves – but ultimately also for the American Taxpayer.
Once again….RP was right in what happened and you are trying some rhetorical tool to make your arguement.He never stated that the GSE’s caused the problem but that the passgae of the bill would add fuel to the fire of a false housing boom. Which is exactly what happened.
aldanteParticipantBrian1
Your ability to obfuscate is quite admirable. However, I detest that you will not concede in the face of the facts:Your point was that the GSE’s did not cause the Housing Bust as predicted by RP.
From the transcript: BACKGROUND HOW WE GOT HERE!!!! (to your point)
pg1 paragragh 6
Seeing their market share decline as a result fo this change of demand, the GSEs made the decision to widen their focus from the safter prime loans and begin chasing the non-prime market, loosening long-standing underwiriting and risk managment standards along the way. This would be a fateful decision that not only proved disastrous for the companies themselves – but ultimately also for the American Taxpayer.
Once again….RP was right in what happened and you are trying some rhetorical tool to make your arguement.He never stated that the GSE’s caused the problem but that the passgae of the bill would add fuel to the fire of a false housing boom. Which is exactly what happened.
aldanteParticipantConcho,
I agree that RP will not win if everyone keeps buying the media story and does not try and educate themselves. If the Diebold card is played that will be one hell of a bad scenario.
BTW, if he is elected he will be blamed for how bad everything will get when he pulls the covers off.aldanteParticipantConcho,
I agree that RP will not win if everyone keeps buying the media story and does not try and educate themselves. If the Diebold card is played that will be one hell of a bad scenario.
BTW, if he is elected he will be blamed for how bad everything will get when he pulls the covers off. -
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