We Are Not Getting Better Economic Data

I don`t think we are getting better economic data in the United States. We are spending more borrowed money but that`s not good economic data and I think the Fed is not going to taper, in fact I think the ECB just helped them out because now they are going to be able to use this as an excuse not only not to taper but to increase the monthly dosage of QE.

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

The Fastest Growing Industries Are Where Prices Are Coming Down

The fastest growing industries are where prices are coming down, not where prices are going up. Look what is happening with cell phones, computers, prices come down every year and consumers buy more because they have more purchasing power.

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

The Natural Consequence Of A Growing And Vibrant Economy

The natural consequence of a growing, vibrant economy is that prices come down because economies find more efficient ways to produce things, and the price of goods come down. That`s what happened in America from 1870 to 1930, prices were falling rather sharply every year and we had tremendous economic growth.  

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