Archived from the live Mises.tv broadcast, this lecture by Peter Schiff on the coming fiscal cliff was presented at the Mises Circle in Manhattan: “Central Banking, Deposit Insurance, and Economic Decline.”
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I just wish this was our president talking, then I’d know we at least had a chance.
@savesilver If you want a president that will talk like that, vote for Ron Paul during the 2012 vote. If Ron Paul becomes the next president, then you still have a lot of chances to save USA. If he doesn’t become the next president, then forget about saving your country.
@Sumkid I am a registered Libertarian and plan on voting for Gary Johnson.
@savesilver I never heard about that candidate. I think that you should vote for Ron Paul because he’s more popular than Gary Johnson and has most of his ideas similar to him which means that more people are going to vote for Ron Paul than him. Imagine if Obama or Mitt Romney wins against Ron Paul by only one vote! That is why a lot of people should be concentrated into one candidate. Ron Paul’s ideas are Libertarian and the only reason why he joined the Republicans is to get more attention from the media that ignores him. He left the Republican party recently.
Classic Schiff. Excellent.
One day, after all the typical Keynesian BS has utterly failed and in such a way as to be beyond any kind of denial, people finally will be willing to try genuine free-market capitalism as a very last resort. Like a drug addict who cannot be helped until he utterly hits bottom and has nowhere else to go but either the grave or up, the US will continue to do all the wrong things for the best of reasons. This will not work because it cannot work. It is a pity that so many of our people have been so completely failed by our government and its education system that this is not completely obvious to everyone.
Stack on, brothers and sisters. This is gonna get even more ugly than many of us suspect.