From http://z6.invisionfree.com/Bill_Still_Reforum/index.php?showtopic=307
http://z6.invisionfree.com/Bill_Still_Reforum/index.php?showtopic=282
words from slapout9:
James Galbraith debates Peter Schiff. Pay attention on how Galbraith proves Bill Still's often made point of it is all about Who controls the Currency! Schiff is falling for the Fool's Gold theory and seems to make a lot of money selling it?http://www.cnbc.com/id/15840232?video=1477926282&play=1
Galbraith,has never defended nor will he defend the Federal Reserve, he was one of the first people to speak out against Bernenke's re-appointment. He was simply stating that controlling or own currency with low interest rates is preferable to the Fool's Gold Theory. I posted another You Tube video on another thread here where Galbraith testified before the Ron Paul committee and Paul was very impressed with his testimony. Look it up if you get a chance and I also recommend that you follow fellow poster Maynard's suggestion that you read the "Predator State" to see how the Tali-Banksters really are, he pulls no punches in his bookAgain if the effective interest rate is "0" by the Fed... the Government should be getting some by the Truck Loads. The Debt is nowhere near as big a problem as the COMPOUND INTEREST!!!!! on the debt. That is the real problem.
More on the Galbraith vs. Schiff debate. Schiff is fundementally Misguided.http://finance.yahoo.com/tech-ticker/peter...asset;=&ccode;=
Final report from Galbraith on Greece. About half way through you will here him compare Greece to the American South and how it never recovered until the New Deal was passed by FDR and Infrstructure projects were created like the TVA. This goes hand in hand with Bill Still recent reports from the TVA in Alabama. The lesson from Greece is Governments not Banks should control their own currencies and invest heavily in Infrastructure projects that benefit ALL the people not just the rich.
http://finance.yahoo.com/tech-ticker/article/476698/Blame-Germany-for-Greek-Drama,-Galbraith-Says:-%22Extreme-Brinkmanship%22-Cripples-Europe
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