Tuesday, October 1, 2013

QE is Like a Drug, The Economy Needs More Of It

QE is Like a Drug, The Economy Needs More Of It
"The recovery that the Federal Reserve is bragging about helping create is 100 percent dependent on the quantitative easing that it is supplying. M of it to sustain the phony economy. Far from diminishing QE, the next big move is going to expand it." - in CNBC

Peter 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

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