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A comment on The US government is inviting inflation. Parent comment

Re:The US government is inviting inflation by locallost on Monday February 22, 2021 @08:48AM (#26224430)
I listened to what Schiff had to say in 2008, but the same talking point of how he was right became tiring quick. Eventually years later I realized he basically always has the same forecast of impending doom, that just happened to be correct once. So he's a bit of a broken clock is correct twice a day person.
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Re:The US government is inviting inflation by womitt on Monday February 22, 2021 @08:50AM (#26224458)
He is peddling gold, doom scares are good for his business
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Re:The US government is inviting inflation by kthejoker2 on Monday February 22, 2021 @09:03AM (#26224603)
Economists have correctly predicted 8 of the last 4 rrcessions.
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Re:The US government is inviting inflation by throw0101a on Monday February 22, 2021 @04:37PM (#26230989)
You may wish to actually look up that quotation:

> To prove that Wall Street is an early omen of movements still to come in GNP, commentators quote economic studies alleging that market downturns predicted four out of the last five recessions. That is an understatement. Wall Street indexes predicted nine out of the last five recessions! And its mistakes were beauties.[20]

* https://en.wikipedia.org/wiki/Paul_Samuelson#Aphorisms_and_q...

Paul Samuelson was one of the most important economists in the 20C, and literally wrote the textbook:

* https://en.wikipedia.org/wiki/Economics_(textbook)

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