Ron Paul mainly lost the Presidential elections because he was against the international banksters’ NWO wars of aggression (the globalists also control the media, by the way), but he also unnecessarily took some heat for being against government overregulation of the markets.
Peter Schiff explains why deregulation did NOT cause the crash of ’08, in the first part of this video. The ‘Federal’ reserve’s manipulations and government regulations created the financial crisis.
When Schiff compares the affect of today’s illegal immigration to the legal European immigration of the 19th century and early 20th, I’m pretty sure he loses Stefan, based upon what I’ve seen him see previously and try to say here, and Peter certainly loses me. The first part is really good, though.
Myths About Economic Collapse | Peter Schiff and Stefan Molyneux
Published on Nov 26, 2015
Did government deregulation cause the financial crisis? Did the partial repeal of the Glass-Steagall Act lead to America’s banking crisis – and to massive government bailouts? Stefan Molyneux speaks with Peter Schiff about the persistent myth of financial deregulation and the true cause of the economic crisis!
Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, the host of the Peter Schiff Show Podcast, the CEO of Euro Pacific Capital and the Chairmain of Schiff Gold.