? Hey Art Laffer, let's go double or nothing on that penny you still owe me!
In 2006 I made a bet with Art Laffer on Larry Kudlow's TV show that the economy was headed for a crash. He said it was in great shape and that there was nothing to worry about. The stakes were a penny and a note from the loser admitting he was wrong. To this day Art has delivered neither the penny nor the note. Art is once again claiming the U.S. economy is in great shape,. and advocates giving control of the Fed to President Trump to keep it that way. He is a wrong now as he was back in 2008.
The Peter Schiff Show Podcast - Episode 11
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https://www.youtube.com/watch?v=ZMfkOiU9sFk
Peter Schiff discusses how record breaking trade deficits, #stimulus, and #inflation are weighing on the #economy.
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The Peter Schiff Show Podcast - Episode 349
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The Peter Schiff Show Podcast - Episode 347
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https://www.youtube.com/watch?v=LxJfNXaSxc4
· As expected, the Fed did exactly what was expected.
· Gold trades highest it’s been in almost a year.
· Government causes inflation, not consumers.
· Investors are seeing through the outliers when it comes to stronger economic data.
· Congress acts shocked to discover fraud with PPP loans.
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The Peter Schiff Show with guest host Tom Woods
May 10th 2012
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https://www.youtube.com/watch?v=R12YI85omn0
The election polls were horribly wrong.
Blue wave barely makes a splash.
Wall Street content with the election results.
Biden will reregulate what Trump deregulated.
Biden regulations will take toll on workers.
China and pharmaceutical companies optimistic on Biden.
Pot stocks get smoked.
Ranked voting would blow open the Democrat and Republican duopoly.
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https://www.youtube.com/watch?v=16YW50KxvjI
· Dow Jones just did something it hasn't done since the great depression.
· Rates in the UK and Japan headed higher.
· Weakness and volatility in crypto markets.
· Government moves to ban Juul vapes.
· Jerome Powell uses politics as an excuse.
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