A Lot Of Economic Indicators Are Showing That The Economy Has Already Rolled Over

The air is coming out of the bubble because the Federal Reserve halted or paused their quantitative easing program. Most think they have ended it but I think it is just paused because now everybody expects the Federal Reserve to raise interest rates because they think the recovery finally has enough traction that it no longer needs the emergency life support of zero percent interest rates yet a lot of economic indicators are showing that the economy has already rolled over and is rapidly headed back to recession.

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

Federal Reserve: Bluffing About Raising Rates

They should be raising interest rates but they will not be doing that. They are just bluffing about interest rate hikes because they want to pretend that the economy is actually strong enough to absorb higher interest rates. But the economy is a gigantic bubble and if the Federal Reserve raises interest rates, they are going to prick 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.

America & Japan: The Central Banks Are Making The Same Mistakes

The central banks are making the same mistakes in both nations (U.S. and Japan), they are printing too much money.

A lack of inflation is not a problem. That is a good thing. Deliberately trying to create inflation, that is one of the reasons that consumers can`t spend because things are too expensive. If you want your consumers to spend, lower prices and then they will spend.

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