Peter Schiff on CNBC: 'Fiscal Cliff Isn't The Problem, Debt Is'

By Peter Schiff | Peter Schiff is the president of Euro Pacific Capital, a firm that pursues investment strategies based upon Schiff’s Austrian School of economics analysis. He predicted the 2008 economic meltdown long before it occurred. His most recent book title is The Real Crash: America's Coming Bankruptcy—How to Save Yourself and Your Country

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Peter Schiff, Dodge Dorland and Rebecca Sheehan debate the dangers of the impending “fiscal cliff”, and explain why it will hurt the U.S. economy.