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ECB verses Fed, Super Committee, inflation

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Uploaded on Nov 18, 2011

"When referencing the automatic spending "cuts" scheduled to be enacted if the super committee fails to come up with an alternative, I inadvertently said 1.2 billion rather than 1.2 trillion. The numbers are just so large its hard to keep track. The amazing thing though is that 1.2 trillion over 10 years is so small that its like using a Dixie cup to bail water from a sinking ocean liner.".

Schiff Report Video Blog Nov 18th 2011
LIsten to the Peter Schiff Show weekdays10am -12 noon EST on www.Schiffradio.com

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