Inflation does not cause economic growth and economic growth does not cause inflation. Governments cause inflation by creating money and economic growth comes from savings and investing. And how do you get savings and investment? You have sound money, low inflation, you have few regulations, you have low taxes, you have limited government. That is what grows an economy.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Sep 26, 2016
Sep 22, 2016
The Real Reason Why The Fed Is Not Raising Interest Rates
This is in fact a economic recession wether or not anybody wants to acknowledge it. That is why the Federal Reserve is not raising interest rates.
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.
What The Federal Reserve Is Really Doing
Everybody still thinks that this is serious. They still don`t get what is actually going on that the Federal Reserve is not going to raise interest rates but they cannot admit that so they keep pretending.
By the time December rolls around the probability of a December hike will be way down and of course the probability of a March hike will be much higher because every time the Fed does not raise rates the markets believe a rate hike is coming. Why? Because the federal Reserve keeps talking about the possibility of raising interest rates but never actually doing 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.
By the time December rolls around the probability of a December hike will be way down and of course the probability of a March hike will be much higher because every time the Fed does not raise rates the markets believe a rate hike is coming. Why? Because the federal Reserve keeps talking about the possibility of raising interest rates but never actually doing 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.
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