Peter Schiff debating Robert Creamer

Great stuff. This guy goes around in circles...mainstream thinking cannot go outside the box of government ever. It baffles me how much lack of common sense exists in our current society. Spend our way out, saving money is bad, more debt, government run economy...this guy, unbeknownst to him or due to a blatant oversight of his own logic, wants socialism/communism.
 
Good interview...Many of these conversations on the Schiff show have a lot of substance. Creamer seemed like a nice enough guy..to bad he is near clueless as far as economics goes..I'm no expert but in the world I live up is up -down is down and you don't create prosperity by sucking dry the same people who create it.
 
Peter owned it up in that debate, when you really get down to the nitty gritty of Keynesianism then you find the true face of it, which is in fact socialism. Like Henry Hazlitt wrote, the government taking over the role of investor in the economy like keynesians want leads to de facto socialism IE central planning of the economy.
 
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