Savings And Capital Increase Productivity And Wage Rates.

Peter Schiff makes a great and under-appreciated statement: capital is what leads to productivity which leads to higher wage rates.

So in a brief moment Peter Schiff gives the listener a knowledge base to understand why America is becoming a third-world economy and how to reverse that trend.

Anything and everything that hurts savings and anything and everything that disables the ability of businesses to find and use capital is destructive to the economy. For example, the State and all its ego-driven interventionists and all their regulations and also the counterfeiting by the central bank, to name a few.

For more information go to my website.

Go here to read about Mastery of ETHICAL ECONOMICS.

"Regime Uncertainty" As Scientific Economic Analysis.

Fascinating analysis and fascinating term - regime uncertainty. The term is rich in meaning even though it is only two words. Thinking about the two words in the context of the contemporary political/economic world unveils many subtle elements.

To me the word 'regime' refers to the corruptions that stem from ego-driven interventionism in these, the Dark Ages of economics. These corruptions heap scores and scores of uncertainty onto the natural uncertainties that would occur in a free market.

For more information go to my website.

Go here to read about Mastery of ETHICAL ECONOMICS.