Jun 8, 2009

Peter Schiff on CNBC - 06/08/2009

He debates some ignorant Keynesian professor who tries to tell Peter that his economic views are bad for the country. Listen carefully at the end where he tries to make the case that stimulus and easy monetary policy are what gives us economic prosperity. This is pure nonsense as Peter points out.



UPDATE: Thanks to David Kramer over at LewRockwell.com who informs us of the origins of the Peterson Institute. The inane positions taken by Schiff's opponent in the video should not be surprising given this background.

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