Credit is destroying what savings built. Thus far 2014 has been a fertile year for really stupid economic
ideas. But of all the half-baked doozies that have come down the pike
(the perils of “lowflation,” Thomas Piketty’s claims about capitalism
creating poverty, and President Obama’s “pay as you earn” solution to
student debt), an idea hatched ... MOREPeter Schiff: Debt Is No Salvation
Credit is destroying what savings built. Thus far 2014 has been a fertile year for really stupid economic
ideas. But of all the half-baked doozies that have come down the pike
(the perils of “lowflation,” Thomas Piketty’s claims about capitalism
creating poverty, and President Obama’s “pay as you earn” solution to
student debt), an idea hatched ... MORE