First of all, they haven`t even tapered yet. All they have done is to announce an intention to taper in the future and maybe they will actually get started but I actually think they eased monetary policy when they announced the taper because they put so much sugar to coat that bad tasting medicine that we have an easier monetary policy now.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Dec 27, 2013
Video: The Highest Interest Rate We Can Afford Is Zero
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Dec 26, 2013
Bitcoin: It Will Not Work As A Currency
What are they worth? They are worth what the last person is willing to pay. I do not think it is going to work as a currency. Theoretically, there is a limit to the supply but what if there is no demand? And there will be a lot of other digital currencies.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
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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