What Is Going To Happen When the Fed Stops Supporting The Economy?

Low paying, part-time, temporary jobs. That is what we got. And is all we are going to get. That is the problem. We are not going to get the types of jobs we need, we are not going to get any improvement on the unemployment front.

And remember this is what the economy is doing with all the Fed`s help. Yes, they have tapered ever so slightly their QE program but the QE program is still here. Interest rates are still at zero and this is the best the economy can do.  So, ask yourself, what is going to happen if and when the Fed stops supporting the 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.

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.

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.

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.

U.S. Economy: The Old Saying About Lies

There is the old saying about lies, if you repeat them often enough and say them loudly enough eventually people will accept it as being the truth. And I think everybody has succeeded on that when it comes to blaming the bad news on the weather.

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

Inflation And The Minimum Wage Hike

Inflation papers over the economic consequences of the minimum wage hike by reducing the value of the money earned.

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