Monday, October 7, 2013

We Are Either Going To Default Or Inflate

"There's no way we can pay any of this money back. We're either going to default or inflate. Either way bondholders are going to lose, so don’t buy any Treasuries." - in Money News

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