April 27, 2015

The Peter Schiff Show

Minimum Wage, Maximum Stupidity – Ep 78

The Keynesian myth of mandating prosperity actually hurts the lower middle class and the working poor Something for nothing is appealing to voters, so politicians make empty promises that are good politics but bad economics A Seattle-based company called Gravity Payments has instituted a minimum salary of $70,000/yr This has given him great publicity, but […]

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The Peter Schiff Show

Do the Swiss Envy Canadians Paying Higher Prices? – Ep 77

S&P and the NASDAQ made new record highs Stock market continues to ignore all the bad news about the economy Bad news is not being ignored in the foreign exchange markets Negative economic news is buoying the stock market because it removes fear of interest rate hikes Weak economy means more cheap money which means

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