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Peter Schiff – Google Video

November 20, 2008 Leave a comment Go to comments

Peter Schiff surveys the ongoing economic crisis. If you think Washington can inflate its way out of this, you might want to reconsider your assumptions. This is not a crisis of scarcity, requiring artificial economic measures to support demand. This is a crisis brought on by abundance, by the sheer wealth and staggering level of productivity we have achieved as a species.

The only solution for this crisis is a deep and immediate reduction of hours of work.

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