Peter Schiff Was Right (again)

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moda0306
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Re: Peter Schiff Was Right (again)

Post by moda0306 » Fri Oct 04, 2013 4:59 pm

Simonjester wrote:
Gumby wrote:
The problem, in my mind, is when people confuse fiscal policies with monetary policies and try to use that confusion to point out the dangers of large fiscal policies. The two policies are completely different animals. One is adding ice cubes to a glass, the other is just melting existing ice cubes in a glass (i.e. making them more liquid).
we certainly have had plenty of long threads over that confusion...
Ice cubes and water.... PERFECT ANALOGY!

Even works with "liquidity!"
"Men did not make the earth. It is the value of the improvements only, and not the earth itself, that is individual property. Every proprietor owes to the community a ground rent for the land which he holds."

- Thomas Paine
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