March 19, 2009

Schiff on FED Policy

"Well, I don't think it's going to rescue us from anything. I think what we're doing is the equivalent of selling our financial souls to the devil. I mean if we think we can solve our problems by creating inflation, we oughta send some of these guys down to Zimbabwe to see how well it's working out for them."

Peter Schiff is the President and Chief Global Strategist of Euro Pacific Capital. As a result of his accurate forecasts on the U.S. stock market, economy, real estate, the mortgage meltdown, credit crunch, subprime debacle, commodities, gold and the dollar, he is becoming increasingly more renowned.

He has been quoted in many financial TV channels like CNBC, CNN, Fox News, Fox Business Network, and Bloomberg T.V.. In Peter Schiff`s blog you can track all his investment and trading ideas for 2009 as well as all his public appearances on TV, video or in the press.

Articles