Feb 24, 2016

U.S. Dollar: The Only Reason it Rose And Why Its Now Falling

The only reason that the U.S. Dollar has risen these past few years, although it is now falling so far in 2016, but the reason it rose was because everybody was convinced that what the Federal Reserve did actually worked, that we had a real recovery, that the Federal Reserve was going to be able to raise interest rates. I knew all along that it was not true!

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

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