Sunday, March 11, 2007

Hitting the wall of misinformation

Peter Schiff is this week's guest expert interview on the Financial Sense Newshour. If you haven't heard the interview, you might want to drop in and have a listen.

Peter has a new book out called, Crash Proof, and he's talking with FSN host Jim Puplava about some of its core concepts.

While the book is specifically designed to steer readers (and would-be clients of his firm's offerings) towards an alternative investment program focused on non-dollar denominated investments, it also serves as a sort of crash-course lesson in real world economics.

The interview brings these lessons to the fore, as Peter discusses some of the commonly held misconceptions about our national economy, and sheds some light on what's really happening in America, financially speaking.

This discussion provides a much-needed counterpoint to the endless drivel and misinformation spouted in almost every forum of economic discussion nowadays.

You don't have to adopt Schiff's investment program, but it can help to at least be cognizant of some of the economic realities we're facing.