Thursday, December 19, 2013

Harry Dent talks to Peter Schiff on inflation and Deflation

The FED wants inflation and will print money like crazy to fight the deflationary pressure put forth by the sluggish economy. We are going to see a very bad deflation soon followed by a mega print by the fed to stop the deflation and losing control and spin off to hyper-inflationary scenario. May happen within this decade.

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.