Episode 23: Going to Extreme to Prove a Point: Two articles about Peter Schiff:
* MarketWatch
- writer refused to address corrections before going to print except for my official title
- The point of my forecasts is to help people avoid problems ahead of time
- I did not call for a stock market crash; I predicted QE4
- The Fed can prevent a Dollar Crisis
- I said hyperinflation is unlikely, but a possibility
* New Republic
- Writer quotes selectively from a Reason article to prove his own spin
- Points to the CPI to refute real inflation
- The price of a Big Mac mirrored the CPI until 2002
- Now price of Big Mac rises 2x as fast as CPI
- This illustrates how the government measures inflation
Privacy & Opt-Out: https://redcircle.com/privacy
* MarketWatch
- writer refused to address corrections before going to print except for my official title
- The point of my forecasts is to help people avoid problems ahead of time
- I did not call for a stock market crash; I predicted QE4
- The Fed can prevent a Dollar Crisis
- I said hyperinflation is unlikely, but a possibility
* New Republic
- Writer quotes selectively from a Reason article to prove his own spin
- Points to the CPI to refute real inflation
- The price of a Big Mac mirrored the CPI until 2002
- Now price of Big Mac rises 2x as fast as CPI
- This illustrates how the government measures inflation
Privacy & Opt-Out: https://redcircle.com/privacy
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