Mar 20, 2015

Federal Reserve: Walking On A Fine Line

This bubble is too big to pop because if the Federal Reserve does pop it, the result will be a financial crisis much worse than 2008. So the Fed must maintain the pretense that is going to raise rates without actually ever doing it. That is the fine line that they are trying to walk.

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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