The Failure of Laissez Faire Capitalism and Economic Dissolution of the West (by Greg Hunter)
Published on Mar 17, 2013
http://usawatchdog.com/crisis-they-ca… Economist Paul Craig Roberts says massive deregulation caused all the ongoing financial problems we face. Roberts makes his case in a book titled “The Failure of Laissez Faire Capitalism and Economic Dissolution of the West.” Dr. Roberts contends, “What you are looking at is a deregulated financial system, and the result was fraud, crisis and collapse… . The end result of financial deregulation is crony capitalism.” Look no further than the continuing bank bailouts with massive money printing and zero percent interest rates as the reason for the coming catastrophe of spiking interest rates. Roberts asks, “How can the dollar be anything but a bubble because the Fed is creating a trillion new dollars every year, but the demand for dollars is not growing by a trillion dollars a year.” Join Greg Hunter as he goes One-on-One with former Assistant Treasury Secretary Paul Craig Roberts.