"There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." -Ludwig Von Mises
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Peter Schiff on the Economy and Politics

Author: Mac Slavo
- August 20th, 2009
                            Comments (2)

Peter Schiff joins Newsmax.com on August 18, 2009 to discuss the US Economy, Global economies and politics.

Author: Mac Slavo
Date: August 20th, 2009
Visit the Author's Website: http://www.SHTFplan.com/

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2 Responses to “Peter Schiff on the Economy and Politics”

  1. Rick Blaine
    August 20th, 2009 at 9:28 pm

    Again, I have no idea if Schiff knows what he’s talking about…

    …but a lot of what he says makes sense to me…especially his comments about why health care (and education) is so expensive and cash-for-clunkers.

    C. 24:30 - “Dough for Dumps” - nice.

  2. Rick Blaine
    August 20th, 2009 at 9:29 pm

    Oops…”Dough for Dumps” is at about 19:48.

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