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August 29, 2009

The Cost Of Low Rates Will Be A Currency Crisis

Peter Schiff, president of brokerage Euro Pacific Capital, says that by nominating Bernanke for another term Obama is "rewarding failure," adding that "the cost of low rates will be a major currency crisis which undermines what remains of our economy." in Business Week

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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