She has not learned from the mistakes at all. She is going to compound the mistakes. She is going to take the QE program and expand it.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Nov 18, 2013
Yellen: A Blind Leading The Blind
I think its going to be case of a blind leading the blind once she is confirmed as the next Fed Chairman, our Chairwoman.
I would like to see the truth come out of these confirmation hearings to discuss how completely clueless Janet Yellen was during the housing bubble. Because, the left has tried to redefine her and rewrite history and cast her as some kind of Nostradamus who was warning about the housing bubble and the financial crisis, she was just Cassandra there at the Fed and nobody listened to her. This is all nonsense. She was just as blind as everyone else. In fact she was dismissing the warnings about the housing bubble, that people like me were actually making at the time.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
I would like to see the truth come out of these confirmation hearings to discuss how completely clueless Janet Yellen was during the housing bubble. Because, the left has tried to redefine her and rewrite history and cast her as some kind of Nostradamus who was warning about the housing bubble and the financial crisis, she was just Cassandra there at the Fed and nobody listened to her. This is all nonsense. She was just as blind as everyone else. In fact she was dismissing the warnings about the housing bubble, that people like me were actually making at the time.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Subscribe to:
Comments (Atom)