Peter Schiff: ‘2008 Wasn’t the Crash’, Too Big to Fail Banks Will Fail Again

Maria Bartiromo should know better than to question Peter Schiff. It took a few years and a lot of abuse but he ended up being right about the housing/ market crash of ’07/08, which he says is not THE crash that will do the US in.

Do people understand the money supply is inflated due to the Fed printing, ‘scuse me Ben Bernanke, digitizing money which inevitably devalues the dollar? The treasuries Katie Stockton praises that are performing well are also the treasuries the Fed is buying! That’s like taking money out of your left pocket and putting it in your right pocket!

Is the economy really better with still record high unemployment, record number of people on food stamps and disability, companies not hitting their profit goals, interest rates at or close to zero?? These few things are not signs of a healthy economy in recovery. We are in the eye of the storm, during a stealth depression, on our way to the greatest depression!