RT’s Boom Bust interviewed Peter Schiff at length this week. They spoke about overvaluation of the stock market, America’s debt problem, under-reported US inflation, and the power of gold.
“[When the dollar collapses,] hopefully we learn our lesson from this and we go back to real money. We go back to a gold standard and stop trying to think of another government gimmick that is going to work better. It won’t. The politicians want these gimmicks because they can exploit them. They can’t get around gold. Gold forces politicians to behave honestly, which is what they don’t want to do.”
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