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Peter Schiff calls the upsurge in the dollar a "head fake".
Peter Schiff explains American Empire will crumble while the Dollar Collapses.
Feb 092010
Ron Paul economic advisor Peter Schiff uses analogies to describe our current economic crisis. Topics include debt-financed consumption, business cycles, the Federal Reserve, the cronies in Washington, and the modern American service economy. Peter is a follower of the Austrian School of economics, to learn more please visit www.mises.org Ron Paul’s Campaign for Liberty http
This is part 2 of 2 clips of an interview that Peter Schiff did on May 9, 2002. Watch these videos to really see how accurate he is in his predictions about the current Credit Crunch and Mortgage Meltdown five years in advance. For more information regarding the US Economy and its effect on Real [...]
Peter talks about the value of the dollar in relation to gold and other currencies. He says that “in the end, the only one who’s going to be willing to write a mortgage is the government.” “The politics is what’s killing the economy… the government infected us with the disease, now they’re killing us with [...]