*VIDEO* Peter Schiff: It’s going to hit the fan in Obama’s second term Austin Petersen February 18, 2013 Economics of Liberty 790 Share287 +12 Tweet21 Pin2 Share StumbleShares 312(New York, NY) Euro Pacific Capital President Peter Schiff appeared on Fox Business Monday to debate inflation and gold prices with host Stuart Varney. The segment involved a spirited back and forth between the two as Schiff responded to Varney’s challenge that there is no inflation in Japan after their hyperexpansionary monetary policy. Schiff described inflation as an increase in the money supply and predicts a future rise in prices. Varney went on to question the famous commodity trader about the stickiness of the price of gold while Schiff rebutted accusations that he incorrectly predicted the movement of the metal higher. The segment is below. What do you think? Is gold going higher? Will the bond bubble burst? Share287 +12 Tweet21 Pin2 Share StumbleShares 312 *VIDEO* Will the push for gun control kill American jobs?*VIDEO* Glenn Beck: I’m Done With the Establishment GOP, I Support Constitutionalists Like Rand PaulAbout The AuthorAustin PetersenFounder Austin Petersen is the founder of The Libertarian Republic, as well as the CEO of Stonegait LLC. Formerly an Associate Producer for Judge Andrew Napolitano's show "Freedom Watch", on the Fox Business Network. Austin was referred to by the Judge as "The right side of my brain". He built Judge Napolitano's social networks with over 700,000 fans and millions of clicks a month. Austin graduated from Missouri State University. He has written and produced award winning plays and videos, and previously worked for the Libertarian National Committee and the Atlas Economic Research Foundation.