An interest rate hike is not coming into play, actually it has never been on the table. Again, this is all part of the posturing from the Federal Reserve. If they can`t come out and tell the truth, that it is impossible to raise interest rates because then we would be back in recession. In fact, we would have a worse financial crisis than in 2008.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
May 20, 2015
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