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Peter Schiff.

June 18, 2009 by TylerCox

TylerCox's picture
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If you haven't heard of Peter Schiff yet, you should take 10 minutes of your time and watch as he predicted much of the recent free market downturn. http://www.youtube.com/watch?v=A0Uk3hKnQQ8

He was wrong with his prediction of the Federal Reserve raising their interest rates, however, that is not a part of the free market. The Fed lowered their interest rates in an attempt to save the market. However, for the past several years, Peter Schiff has been spot on with what he knew was coming.

I find it's very important to stop listening to people who are wrong with their predictions. This means any politician who has voted for or supported the invasion of Iraq. War should never be over speculation. And now we see their predictions of weapons of mass destruction, Al Qaeda, etc. being completely wrong with the loss of soldiers, time, money, and potential growth.

Accuracy is important when it comes to important sectors of our lives. The economy can affect everyone. We can only truly fix the economy with someone who has predicted it's turmoil for the right reasons.

After watching that video you can search him on YouTube or video.google he has a big following on the internet and may run for Senator of Connecticut.

Please comment with any questions or feedback on his ideas.

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