Tuesday, May 20, 2014

Peter Schiff: Why deflation could help consumers

The consumer doesn't need inflation. What we need is more production and falling prices because that's what grows an economy, that's what leads to higher living standards — when workers can buy more with the money they earn


Peter Schiff is an investor and author of several best selling books. He correctly predicted the economic meltdown of 2008 - 2009

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