Peter Schiff Warns of the “Worst Economic Downturn Including the Great Depression”
I think that people want to believe in the Fed, maybe just like little kids want to believe in Santa
By Guest Column -- Alex Nitzberg—— Bio and Archives--July 13, 2016
American Politics, News | Comments | Back To Full Article
The Federal Reserve’s monetary policies have manufactured a “super bubble” that “…may give us the worst economic downturn including the Great Depression,” economist Peter Schiff declared during an interview with Accuracy in Media. Schiff is the CEO of Euro Pacific Capital, and a frequent guest commentator on CNBC.
He explained that low interest rates prop up the government’s feckless fiscal policies and generate “…really systemic structural problems in the economy…” that “manifest themselves in bubbles that then burst.”Welcome to CFP’s Comment Section!
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