Peter Schiff: Wrog on the Economy, Wrong on Healthcare (Part 1 of 4) [View instapost]
I agree with some of your points, but not all. The hyperinflation argument of Schiff and others is purely the "Quantity Theory of Money" -- a theory every bit as useless in prediction as "Efficient Markets Theory". No room for all the details here. See my website on debunking hyperinflation.
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I agree with some of your points, but not all. The hyperinflation argument of Schiff and others is purely the "Quantity Theory of Money" -- a theory every bit as useless in prediction as "Efficient Markets Theory". No room for all the details here. See my website on debunking hyperinflation.
Aug 02 14:53 pm
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All Comments by retired aviator »Peter Schiff: Wrog on the Economy, Wrong on Healthcare (Part 1 of 4) [View instapost]