Aaron Wissner part 4 of 4 on the State of the Economy, the Credit Collapse, and Deflation

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Uploaded by on Aug 31, 2010

Aaron Wissner describes the difference between the present recession and the recession (depression) of the 1930s; a positive vision of the future beyond the money crisis; and a proposal on how to prevent a collapse, provide jobs for everyone, and build community resilience.

Note: I heard the idea about the teacher's aides via a WSJ interview with Robert Shiller of the Case-Shiller index, not Peter Schiff as I mentioned. Both Shiller and Schiff, along with ten others, accurately predicted the recession by using proper money-flow models of the economy.

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