Comments by "k98killer" (@k98killer) on "Bitcoin vs Gold #2 with Peter Schiff \u0026 Greg Foss" video.

  1. He has a lot of things very wrong, especially his misunderstanding of how QE functions.
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  2.  @doge8500  he said it was "money printing" that would lead to hyperinflation. In actual fact, due to a mixture of nonfungibility of bank reserves and Cantillon effects, the only things that inflated were assets. QE is a deflationary drag on the real economy, siphoning off economic energy into financial bubbles.
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  3. Schiff is so absurdly wrong about the nature of money.
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