The Real Fiscal Cliff: How to Spot the Ledge – Peter Schiff (Video)

“They deliberately want to reflate the housing bubble, which I though, number 1, is interesting, because it’s kind of an admission that they’re to blame for the last one, because they basically said we want to use artificially low interest rates to stimulate housing, to make housing prices go up, to make people feel richer so they’ll spend money they don’t have. That’s what happened last time!” Peter Schiff


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