Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?

To: Peter Dierks who wrote (44024)	1/3/2006 10:27:57 AM
From: Oeconomicus	Read Replies (1) \| Respond to of 90947

So, did this guy Schiff read an entirely different article than the one published in the WSJ or did he just use it as an excuse to launch his assault on the army of straw men he propped up in front of himself? Bernanke, first of all, NEVER said the fed "caused the Great Depression". More generally, his analysis of the fed's role in prolonging and deepening it is right on. Schiff is obviously and shamelessly railing at economic enemies of his own creation in order to tout his firm's be afraid - be very afraid outlook on the American economy, American stocks, American bonds, and American currency. If anyone wants to know what Bernanke REALLY said about the Great Depression, the WSJ article Schiff cites (he got the date wrong, BTW) can be found here: online.wsj.com