Apr 7, 2014

Employment Report: We Did Not Gain Any Good Jobs

Average hourly earnings went down. Probably because we did not gain any good jobs. We actually lost 1,000 manufacturing jobs in March, compared to a gain in February.

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

Apr 5, 2014

Why The Fed Wants Inflation? To Sustain The Bubbles.

We have bubbles in the stock market, we have bubbles in the real estate market and we need inflation to sustain them. That is the truth! But they do not want to cmd up with the truth so they come up with these BS explanations.

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

Apr 4, 2014

Inflation Will Bail Out The Debtors

In the U.S. where everybody is massively in debt including the government the debtors will have relief if inflation bails them out. But that is not an argument that inflation is a good thing it just allows the debtors to default on the creditors. So the debtors win and the creditors lose.

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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