What Will Happen When Foreign Central Banks Stop Buying Dollars

Even though there are some deflationary pressures in the U.S., they will be overwhelmed by a tsunami of inflation when foreign central banks stop buying dollars and let our currency sink. And then the U.S.  government has to kick the printing presses into high gear in order to monetize all the debt and keep all the bubbles inflated.

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