Wednesday, December 30, 2009
Wednesday, December 16, 2009
Prepare Ye
Ezra Taft Benson gave an instructional speech in January of 1974. I think it is important to understand what has happened, what is happening and what will happen.
Link
"The Saints have been advised to pay their own way and maintain a cash reserve. Recent history has demonstrated that in difficult days it is reserves with intrinsic value that are of most worth, rather than reserves, the value of which may be destroyed through inflation. It is well to remember that continued government deficits cause inflation; inflation is used as an excuse for ineffective price controls; price controls lead to shortages; artificial shortages inevitably are used as an excuse to implement rationing."
This link is to a debate between Peter Schiff and David Epstein about whether or not Barack Obama has made all the right economic choices. David Epstein is a professor at Columbia University and Peter Schiff is a leading economist. It is fascinating to watch two intelligent men speak, but it is more interesting to me to see that it is not the paid professor that has the greatest understanding or ability to teach.
Link
"The Saints have been advised to pay their own way and maintain a cash reserve. Recent history has demonstrated that in difficult days it is reserves with intrinsic value that are of most worth, rather than reserves, the value of which may be destroyed through inflation. It is well to remember that continued government deficits cause inflation; inflation is used as an excuse for ineffective price controls; price controls lead to shortages; artificial shortages inevitably are used as an excuse to implement rationing."
This link is to a debate between Peter Schiff and David Epstein about whether or not Barack Obama has made all the right economic choices. David Epstein is a professor at Columbia University and Peter Schiff is a leading economist. It is fascinating to watch two intelligent men speak, but it is more interesting to me to see that it is not the paid professor that has the greatest understanding or ability to teach.
US Forgoes Billions in Tax on Citi
Don't worry about paying your bills or your Taxes. Why can't I run my personal life this way?
Link
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Monday, December 7, 2009
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