Peter Schiff on the Financial Crisis and the $700B Bailout (Video)

Here is Peter Schiff discussing the current financial crisis on CNN. He stresses that the $700B bailout will not work and could create even more problems in the near future. "If the government succeeds with this bailout, what they're going to do is bring on a crisis far greater than the one they're trying to avoid. They're going to destroy the dollar, and then we're going to see hyperinflation, prices and interest rates going sky high and there's nothing we can do about it."

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