People are still refusing to admit what should already be obvious. But the problem is people who believe that the Federal reserve solved the problems, they never understood the problems in the first place, that is why they were surprised by the 2008 financial crisis. That same people will be even more surprised by the next crisis which will not just be a financial crisis, it will be a currency crisis which is going to be a whole lot worse than the financial crisis.
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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