2012 GOP Candidate: UCLA Econ Debate. UCLA Economics Debate 11/8/2011 Debate between Peter Schiff, David Rosnick, and Roger Farmer Follow me on Twitter @SchiffRadio Friend me on Facebook.com/PeterSchiff. 2012 GOP Candidate – Debate: videos and 2012 Republican presidential political election videos, showing 2012 GOP Presidential hopefuls, political current information, GOP events, fundraising events, together with candidates for 2012 election thing.
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20:15
He’s playing with that white object like a monkey.
Tom Petruno should cut his rists for being such a biased moderator. Peter schiff vs 3 statists keynsians should be the title.
I should also add that when i said that Schiff didn’t do a good job of explaining “it”…i am referring to his defense of the Gilded Age as relatively free of the difficulties we see today.
The one issue i have with Schiff’s argument (and i don’t think he did a good job of explaining it) is how we could have a better economy in the absence of the Fed and regulation. As mentioned, there were massive downturns during the Gilded Age, and Schiff gives the impression that it was all great and recessions probably lasted a month, just a blip on the radar
I feel so smart watching this, because I am 17 and I understand most of what they say. I feel like Peter is the smart one (by a long gap in intelligence). I find little (close to zero) evidence to support the other 2 though.
LOL now you see the big picture
Peter, I took the job for $10 an hour-but I was a week away from being homeless. In the end it all worked out all right.
Personal debt always scared the crap out of me. Now after I’ve saved and invested for most of my adult life government debt is really scaring the crap out of me.
Can I get an abridged version of just the student loan section? How do I do that I want to post that on facebook
The bearded man doesn’t belong here.
Peter focuses on production, David at consumption, Roger at the FED…
In order to produce we need to employ people…
The policy that makes it easier to produce at lower prices makes it easier to employ more people…
Lower taxes and less regulations make it easier to produce at lower prices…
BINGO!
The economy would have the same conscience without transfer payments and government backed loans. Farmer was appealing to the audience’s emotions.
Oh David Rosnick, what an embarrasment. How about at least looking like you know what your talking about. First of all, he looks like he’s about to wet his pants. Second, if he shakes that pencil any faster, he’s going to take Farmer’s eye out. Third, if he squints his eyes or pauses any longer in his speech, he shall surely fall asleep while the government sends him unemployment.
“i’d be fine if the whole country took nine months off from work, theres nothing wrong with a vacation.” David Rosnick, you sir, are a fool
One conservative and three liberals.
The liberals are so frustrating to listen to.
Roger Farmer is a scary guy. Stock market with fixed prices. He is a joke. Rosnick build infrastructure? Great congress gets its bridge to nowhere? You want to know why we are screwed – because they are in charge.
yeah, he did that in another debate too, it’s incredibly rude, the moderator should put a stop to that. Other than that I love what he says he just needs to let other people talk too.
Excuse me? The value of assets has to be prevented from falling? That’s ridiculous. Prices have to be allowed to fall. Attempts to prop up prices will only preserve malinvestment. These prices have to fall to the extent that all the malinvestment is liquidated. Of course there will be less investment during a depression, because the cancer has to be removed from the economy before investment is viable.
Bubbles are a result of crisis of confidence? WTF? Bubbles are a result of malinvestment due to distortions caused by manipulation of interest rates!
Government spending discouraged consumption and encouraged saving? Are you kidding me? Government spending IS consumption!
The business cycle is not intrinsic to the market economy! It is the result of fractional reserve banking!
Spending doesn’t encourage investment. What if no one saved? The economy would completely stagnate. The less consupmtion, the more saving, the more economic growth.
how do u keep spending when u dont have sound money lol..its paper money its money that is borrowed and u dont save wtf makesno sense
Also, why is the moderator clearly biased and not asking questions objectively.