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>It's better to be wrong until you're right than right until you're wrong...because you will get the last laugh. Peter Schiff gets to laugh despite being wrong
by Aunche 4y ago
>It's better to be wrong until you're right than right until you're wrong...because you will get the last laugh.
Peter Schiff gets to laugh despite being wrong for 9 out of the last 10 years because he's not the one deciding monetary policy. For all we know, if he had his way, the US would be in a perma-recession and made into a vassal state of China by now.
Also, the business cycle is something acknowledged by literally every economist. The fact that we have mild economic turmoil after a global pandemic shouldn't be a prediction that Peter Schiff is proud of.