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Re: Peter Schiff Was Right (again)

Posted: Fri Oct 04, 2013 4:59 pm
by moda0306
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!"