I wouldn’t say its one disagreement. Its one big disagreement of the fundamental of an economy. The relationship between US and the rest of the world, esp China etc. Art saw it as a good thing that US export USD and import goods. While Peter saw it as a negative thing because US is not making anything but printing USD
Which doesn’t change the fact that both Laffer and Schiff agree on far more than they disagree on. They both are low tax low regulation guys, both supply siders to one degree or another, and both big critics of all facets of Obamanomics.
In other words, there is probably nothing in Laffer’s reasoning behind his Newt endorsement that Schiff would disagree with economically. (I have no idea politicaly). Thus, a Schiff Laffer disagreement in 06 about monetary policy is totally irrelevant and does nothing to Laffer’s cred with respects to the issue at hand.
I would like to know who Schiff supports also. He does great work.