Peter Schiff on CNBC: The Reality Is We’re Living In A Bubble — And ALL Bubbles Burst

Pay attention to Maria Bartiromo and Michael Farr, the last time I saw people skeptic like this towards Schiff was before 2008 crash, ya know the one he called! He was right then he will be right again when the market crashes as the fed is printing $85 billion a month. When you hear about the Fed buying treasuries etc (monetizing our debt) you need to understand that’s like taking money out of your right pocket and putting it into your left!

Watch this video I created in ’09 to understand what monetizing the debt really is… money laundering.