Schiff’s Sad, Sound, Song

Debt, Economy, Federal Reserve Bank, Inflation, Political Economy

The only thing you want to take away from this condescending Time magazine “piece” about libertarian financial analyst Peter Schiff’s prognostications is this: “over longer periods, Schiff’s decade-old strategy of steering clients out of U.S. securities and into commodities and overseas stocks has been a big winner. His investment record surely can’t be the reason […Read On]

Schiff's Sad, Sound, Song

Debt, Federal Reserve Bank, Inflation, Political Economy

The only thing you want to take away from this condescending Time magazine “piece” about libertarian financial analyst Peter Schiff’s prognostications is this: “over longer periods, Schiff’s decade-old strategy of steering clients out of U.S. securities and into commodities and overseas stocks has been a big winner. His investment record surely can’t be the reason […Read On]

Poisonous Pundits Never Go Away

America, Economy, Elections 2008, Federal Reserve Bank, Inflation, Journalism, Media, Political Economy

Just a few months back, during the Bush era, high-ranking commentators like Larry Kudlow and proxies were touting the strength of the US stock market. Stocks were undervalued. The economy was “strongly reaccelerating.” “Goldilocks, Goldilocks,” Kudlow would crow from the CNBC rooftop. (What on earth does than mean?) Kudlow and Company could not say enough […Read On]