Jeff Berwick, The Dollar Vigilante, a featured speaker at San Francisco Hard Assets 2011 stopped by SNNLive prior to visiting Occupy San Francisco to give his Wall Street View. This SNNLive Update is dedicated to what Time Magazine has called, “The Year of the Protester” because as you will hear, Mr. Berwick reflects on the “Occupy Wall Street” movement, uprisings in the Middle East, and his 2012 outlook.
Mr. Berwick writes a financial blog and newsletter called The Dollar Vigilante, “an anarcho-capitalist and Austrian economics grounded financial newsletter covering all aspects of the economics and politics that are a large part of the financial world today”, as it states on his website.
As he states, “Unfortunately, with the Occupy Wall Street people, they don’t know what the real cause of their problem is”, where he proposes that, “the real problem in the government…the federal reserve, especially”, which he claims is, “an anti-capitalist doctrine” because, as he notes when going to visit the Occupy movements, “hopefully, they are not against greed or capitalism, which they think is the problem, but it actually is not”.
Mr. Berwick discusses how the protests began in the Middle East, “a lot of the Arab Spring started off with a man in Tunisia…protesting the government involvement in his life”, and, “that started everything in the Arab states”. He urges, “to do your own research…and take responsibility for yourselves because we’ll all be a lot better off”. Jeff concludes, “that you have to get out of anything that is paper…anything that is hard asset…gold, silver, real estate, energy, anything real, get back to the real things”. For more information about The Dollar Vigilante, Jeff Berwick, check out his website, and you can follow him on Twitter @DollarVigilante. Enjoy this SNNLive Wall Street View with Jeff Berwick.
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