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Some Perspective On What The Dollar is Worth

Richard Penney March 5, 2011
1963 dollar

People often ask what the dollar is worth?  For many it is difficult to answer.  Some people can’t even provide a definition for a dollar or a definition of money. [...]

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Economy - Tags: Case Against The Fed, dollar, Federal Reserve System, money, Peter Schiff, Precious metal, Purchasing power

Bernie Madoff Calls US Government A Ponzi Scheme

Richard Penney February 28, 2011
Charles Ponzi (March 3, 1882–January 18, 1949)...

An interesting story was published explaining how Bernie Madoff has called the US government a ponzi scheme. Free market economists have been comparing the US government and its programs to [...]

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Economy - Tags: Bernard Madoff, Government, Peter Schiff, Ponzi scheme

Robert Murphy Challenges Paul Krugman to Economics Debate. Why Won’t Krugman Accept?

Richard Penney November 20, 2010
Paul Krugman, Laureate of the Sveriges Riksban...

Robert Murphy, and Austrian economist from the Ludwig von Mises Institute, has challenged Keynesian economist and writer for NY Times, Paul Krugman , to a debate in economics. In fact, [...]

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Economy - Tags: Ausrian Economics, Austrian School, Free market, Keynesian economics, Ludwig von Mises Institute, paul krugman, Peter Schiff, Robert Murphy, Robert P Murphy

Sheep Award: Connecticut Republicans

Richard Penney August 17, 2010
Sheep

A Sheep Award goes to Connecticut Republicans Congratulations Republicans of Connecticut.  You get the sheep award for: Voting like sheep Not taking the opportunity to elect the brilliant candidate, Peter [...]

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Politics & Government - Tags: Connecticut, Elections, Linda McMahon, Peter Schiff, Politics & Government, Republican, sheep

Why Consumption Tax Is Better Than An Income Tax

Richard Penney June 5, 2010

Here a video with Peter Schiff outlining the multitude of reasons the income tax is wasteful, burdensome and just flat out economic folly. Oh yeah, the income tax also allows [...]

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Economy - Tags: consumption tax, income tax, Peter Schiff, value added tax, VAT

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