Peter Schiff Will Pay to Debate Alan Greenspan

Peter Schiff is angry at Greenspan, who keeps repeating "Nobody saw it coming... Who could have known?" regarding the housing bubble he and his Fed created and the financial crisis triggered by it. Schiff knew, and he was laughed at (watch the second video in the link). So did many other people, including Ron Paul (he was laughted at, too, and continues to be laughed at by so-called mainstream media). Schiff is irate enough to offer money to debate Greenspan on TV (ABC in particular).

The New York Times Op-Ed piece Schiff is talking about in the video is here: "I Saw the Crisis Coming. Why Didn't the Fed?"

I, too, remember Greenspan praising adjustable-rate mortgages, instead of sounding caution.

Tweet