The following video is brought to you courtesy of the Peter Schiff YouTube Channel. Click the video below to watch it now.
In 2006 I made a bet with Art Laffer on Larry Kudlow’s TV show that the economy was headed for a crash. He said it was in great shape and that there was nothing to worry about. The stakes were a penny and a note from the loser admitting he was wrong. To this day Art has delivered neither the penny nor the note. Art is once again claiming the U.S. economy is in great shape,. and advocates giving control of the Fed to President Trump to keep it that way. He is a wrong now as he was back in 2008.
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