The Fed wants to pretend that they can take away the QE yet the economy can keep recovering, it can`t. The minute they remove the QE, we are back in recession. That is why they are never going to remove it. But they have to pretend they are planning on removing it, they can`t acknowledge that is here forever because that will accelerate a dollar crisis, which is coming eventually anyway.
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 13, 2013
Video: Discussing Gold & Currencies With Dennis Gartman
Video Summary: discussing gold and yen markets with Dennis Gartman
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 12, 2013
Euphoria: The Short Term Effect Of The Monetary Stimulus
What we are seeing in the United States is not economic growth. Is the euphoria that is the short term effect of the monetary stimulus.
But when that wears off, just like any other drug, you have the hell of a hangover and the U.S. is heading right back into recession. In fact we are headed for a worse economic crisis than the one we had 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.
But when that wears off, just like any other drug, you have the hell of a hangover and the U.S. is heading right back into recession. In fact we are headed for a worse economic crisis than the one we had 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.
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