Peter Schiff Debates with a Panel of experts on what the Government's role should be in the economy and the markets.
Peter
Schiff, CEO of Euro Pacific Capital and author of Crash Proof: How to
Profit From the Coming Economic Collapse and How an Economy Grows and
Why It Crashes.
Mr. Schiff explains the fact that the interest
rate is a price and that manipulation of that price results in real
changes to the capital structure and structure of production within the
economy, causing imbalances, booms, and eventually busts in the economy.
His lecture also explores how government intervention through labor and
employment policies results in diminished employment and an overall
reduction in the standard of living.
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Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.
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