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Peter Schiff and Ron Paul have been saying this since 2008. I used to believe them. I stopped when the fed ended QE and started raising rates despite Schiff's p
by orblivion 8y ago
Peter Schiff and Ron Paul have been saying this since 2008. I used to believe them. I stopped when the fed ended QE and started raising rates despite Schiff's predictions.
- UncleEntity 8y agoSome might say the end of QE and the forced budget cuts due to the Tea Party shenanigans is the reason the predictions didn't come true... --edit-- I also find it amusing, in an ironic sort of way, how the Austrians get a bunch of flack for not accurately predicting future events when large parts of their economic theory is based upon not being able to predict future events.