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powerbookg (December 31, 1969 at 4:59 pm)
Peter Schiff won this one.
ssstealth (December 31, 1969 at 4:59 pm)
Schiff wanted to bet a lot more than that too, lol! Shows how good he is and how much of a hack Laffer-the-laughingstock is.
hillaroo666 (December 31, 1969 at 4:59 pm)
Laffer has made a 'laffing' stock out of himself.
sdunn96 (December 31, 1969 at 4:59 pm)
He did, and he still does. Get gov. out of the way and let the market correct itself...it is gonna hurt, but it may have to happen. Then if you are smart, you start saving. Cause if things don't correct....all the money your 401k lost will be nothing when the dollar becomes worth even less.
tm9847 (December 31, 1969 at 4:59 pm)
why doesn't this douche tell us how to get out of this, if he's so smart
iodyn (December 31, 1969 at 4:59 pm)
classic
procrastin8er (December 31, 1969 at 4:59 pm)
there are no republicans or democrats. they are all the same - chasing special interest money. the fed can create all the money it wants to buy them all, which i believe it has. i still can not understand how an economy can operate with a money supply that is based on nothing - it just gets injected into the economy without any labor. money supply is supposed to be a commodity of some sort that has value to be compared with other products in the economy for exchange purposes.
ciclofinal (December 31, 1969 at 4:59 pm)
"monetary policy is spectacular"LOLOLOLOLOLOLOLLOLOLOLOL
chrisdorman (December 31, 1969 at 4:59 pm)
Art must look back at this clip with embarresment and shame, Peter Shiff like nouriel roubini seen this crunch coming. all the idiot republicans who drove the US to this financial abyss through over leverage
beelzebubblicious6 (December 31, 1969 at 4:59 pm)
I guess Art Laffer owes Peter Schiff a penny. |