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The Peter Schiff Show – 08/26/11

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Cliff’s Notes Recap Weekly Recap for 8-22-11 to 8-26-11

  • Monday Ben Stein doesn’t understand that printing money causes inflation in a weak economy.
  • Tuesday Lower interest rates weaken the financial industry.
  • Wednesday Moody’s is biased toward the US by not downgrading our debt.
  • Thursday Warren Buffet is repeating his mistake by investing in financials.
  • Friday Another Nobel Laureate has blind faith that re-inflating credit will help grow the economy.

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