Peter Schiff, president of EuroPacific Capital, adherent to the Austrian School of Economics, son of Irwin Schiff, imprisoned for federal income tax protest (refusal to pay on political/constitutional grounds), friend and contributor to LewRockwell.com, testifies before the House Subcommittee on Government Reform and Stimulus Oversight.
Watch his comments and answers, and compare with those of the female commentator, who is a liberal/keynesian. Worth the 22 minutes.
As usual, Schiff is dead on. As was his father.
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