Wealth Gap, MLM’s, US Industrial Competition and the Zimmerman Case

Listeners’ Questions, Peter’s Answers Audio – September 30, 2013

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Luke in Tampa, FL
Why is there an ever-growing gap in the wealth between the rich and the poor. This is a very big talking point among leftist, progressive and/or Keynesian economists, yet I’ve not heard many Austrian economists address this point.

Mark in Toronto, Canada
An acquaintance has invited me to meet up in a few days, and I get the feeling he is going to try and sell me on a Multi-Level Marketing scheme. Instead of rejecting his offer to meet up, I see it as an opportunity for debate and to help educate him on why he might want to reconsider investing in an MLM.

What are some sound economic arguments or historic examples against MLM, that I could take to this meeting?

Graham in Halifax, Canada
In your opinion, to what extent did the complete destruction of most of its industrial competitors effect the US in the post-WW2 era?

Em in Penbroke Pines, FL
Do you think that perhaps the judge in the Zimmerman case was offered a federal judgeship appointment for playing ball?

Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast.



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