Peter Schiff Battles A Marxist: “What We Have Now Is Not Capitalism”

Posted by on September 30, 2020 12:36 pm
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The focus of the discussion was a “K-shaped” recovery where some people benefit economically, but we’re left with many permanently mired in an economic underclass. Peter said you can talk about a K, L, U or V-shaped recovery, but none of it really matters because when you boil it all down — there is no recovery. And the root of the problem? We’ve abandoned true capitalism and embraced socialism and central planning.

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