Peter Schiff Warns of the “Worst Economic Downturn Including the Great Depression"

in #money8 years ago

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Thank goodness we have crypto-currencies to hedge against fiat currencies :) Still if the economy fails it is good for no one. People depend on fiat (whether we like it or not) and even if our internet money is worth 1000x, it doesn't mean it will stop all the horrible things that come with hyper inflation.

Maybe we shouldn't have propped up the existing, failing system for so long.