Episode 23: Going to Extreme to Prove a Point: Two articles about Peter Schiff:



* MarketWatch



- writer refused to address corrections before going to print except for my official title

- The point of my forecasts is to help people avoid problems ahead of time

- I did not call for a stock market crash; I predicted QE4

- The Fed can prevent a Dollar Crisis

- I said hyperinflation is unlikely, but a possibility



* New Republic



- Writer quotes selectively from a Reason article to prove his own spin

- Points to the CPI to refute real inflation

- The price of a Big Mac mirrored the CPI until 2002

- Now price of Big Mac rises 2x as fast as CPI

- This illustrates how the government measures inflation

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