Schiff`s Investment Commentary - Tracking Schiff`s Media Appearances And Market Commentary - Unofficial Blog
June 12, 2009
We Can Have Inflation And High Unemployment
Peter Schiff`s market update, June 2009.
Topics: downtrend in the US dollar; uptrend in oil; rising 10 year yields that doubled from their 2% lows; commodities are moving higher not because of economic strength but because of inflation; inflation is a monetary phenomenon and not a function of capacity; you can get inflation and unemployment;
Peter David Schiff (born March 23, 1963) is an American economist, author, commentator and popular video blogger. Schiff, a licensed stock broker, is the president of Euro Pacific Capital, headquartered in Westport, Connecticut