Writes Gary North:
By sticking to his guns in 2006 against Laffer, Schiff has stuck it to Laffer and the Chicago School’s theory of money.
Now Laffer says it’s the end of prosperity. But still he calls for a lower FedFunds rate. All he can think about is taxation. He is an inflationist to the core.
7:41 am on November 21, 2008
