Peter Schiff points out the hypocrisy in Michael Moore’s comments:
WeAreChange confronts filmmaker Michael Moore on whether he supports ending the private Federal Reserve banking system. Expert economist Peter Schiff rebuts Moore’s words.
Moore calls for an end to capitalism, not the private Federal Reserve. “How about if we end capitalism for his movies?,” Schiff asks, pointing out the hypocrisy in Moore’s comments. “How about if we just socialize those profits and give them to the common man?”
“The government has really discredited capitalism. The government gets in bed with Wall Street. That’s not capitalism. Capitalism would stop that.”- in Bull Source
Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.