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Pro Analysis

Peter Schiff: The recovery is an 'illusion'

In a Santelli Exchange interview exclusive to CNBC Pro subscribers, Peter Schiff discussed the jobs report, the state of the U.S. economy, central bank policy and socialism.

"The [jobs] report provides more proof the recovery is just an illusion," Schiff said. "We don't have a real recovery, because we have too much cheap money."

Peter Schiff is president and CEO of Euro Pacific Capital.

To watch the full interview, you must be a CNBC Pro subscriber.