Another home run by Peter Schiff – The Housing Bubble and Bernanke’s Cluelessness
What he describes is a specific occurrence of the Austrian Business Cycle Theory — artificially low interest rates causing unsustainable booms.
|
"Extremism in the defense of liberty is no vice. And moderation in the pursuit of justice is no virtue."
~ Barry Goldwater |
What he describes is a specific occurrence of the Austrian Business Cycle Theory — artificially low interest rates causing unsustainable booms.