Wednesday, October 16, 2013

An Unmitigated Disaster

"It's been an unmitigated disaster. The history of the Fed is the history of the decline of the United States. I am not going to blame it all on the Fed; there are other factors. But the Fed had an integral role in the gradual decline of American civilization." - in New York Post

Peter David Schiff is an investment broker, author and CEO of Euro Pacific Capital Inc. Schiff is known for his bearish views on the US economy and US dollar, and his bullish views on commodities, foreign stocks and foreign currencies