Peter Schiff Tries to Explain Coming Dollar Crash

  • Uploaded by Harlekin on Dec 8, 2011
  • Views: 708

Once again, Peter Schiff tries to explain why there will be hyper inflation with the dollar. It seems to me that for years they laughed and scoffed at Peter about his predictions until they recently started coming true when the housing bubble began to burst. The Financial Gurus on TV all of a sudden started listening to Peter intently but I don't think they really understand how economics work so they just listen dumbfounded. This is a pretty good interview with him and they are still listening but you can tell that they still don't get it. I've seen other interviews with Peter and other Economists who understand real economics as Ludwig von Mises so clearly explains it, and the TV Financial 'Experts' are beginning to marginalize them again. That's when we know we are in trouble. When they stop listing to Austrian Economist again. Here Peter explains to them what government could do to remedy the problem. Will they listen? Only if you start studying and sharing with everyone you know, how Economics really work. If we don't educate the masses about economics, government will continue to try to fix the economy with more of the problem. is a great place to get a lot of great information on real economics. 1-7-09

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