Peter Schiff Video Blog for 3/19/2009
(Turn your volume down, someone needs to alert Peter Schiff about his recording techniques.)
In this video Peter talks about the possibilities of inflation or hyperinflation because of the Fed's recent decision to purchase 1.2 Trillion in debt (including ($300 Billion in bonds). He also says that American's liberties are being taken away as the government tries to solve the financial crisis. Lastly, he talks about his recent CNBC appearance where he goes head to head with Steve Liesman.
Video (9:53): http://www.youtube.com/watch?v=soinn...e=channel_page
Peter Schiff on 1.2 Trillion Gamble CNBC The Call 3/19/2009
"The Fed's 1.2 Trillion gamble." In this video Peter talks about the Fed printing money out of thin air. Bill Seidman agrees with Peter about inflation. Steve Liesman disagrees and says that the Fed has to deal with the deflationary period America is in. Then Steve and Peter go head to head with each other.
Video (7:19): http://www.youtube.com/watch?v=g_nwy...eature=channel