Month: March 2013

The Stimulus Trap

For years we have been warned by Keynesian economists to fear the so-called “liquidity trap,” an economic cul-de-sac that can suck down an economy like a tar pit swallowing a mastodon. They argue that economies grow because banks lend and consumers spend. But a “liquidity trap,” they argue, convinces consumers not to consume and businesses …

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The Peter Schiff Show – 03/26/13

Tom Del Beccaro, former chairman of the California Republican Party & columnist for Forbes, on whether Reince Priebus’ “Growth and Opportunity Project” demonstrates he grasps what’s wrong with the Republican Party, how California catapulted gay marriage into the Supreme Court, and why California shows that sometimes declaring bankruptcy is the best way forward.