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Peter Schiff, David Gornoski on the Dollar Crisis, Trump as Scapegoat, and Persuasion vs Coercion
3 years ago
27
Classic interview from May 13, 2020.
Investment guru Peter Schiff, the author of ‘The Real Crash: America’s Coming Bankruptcy,’ calls in to talk about the economic disarray caused by the government shutdowns and bailouts. Schiff argues that the government should cut down it’s spending to mitigate the crisis. “If you’re getting benefits but can’t buy anything, what good are the benefits for?” Should temporary restrictions be imposed in times of crisis? Schiff’s astonishing reply: “I don’t agree with anything the government’s doing.”
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