Peter Schiff gives a detailed overview of how the bubbles in both tech stocks and real estate were foreseeable and how government policy played such a large role in creating and nourishing the bubbles. He also analyzes why mainstream economists still do not understand the fundamentals of our current crisis. Length: 75 minutes

Keynote speech at the annual Austrian Scholars Conference at the Ludwig von Mises Institute in Auburn, Alabama - one of the premiere bastions of free market economic thinking. (March 16, 2009)

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