"The problem is that to have interest rates at the level that’s appropriate would bring down housing prices, which would bankrupt a lot of financial institutions that have real estate as collateral. But we have to let that happen. We can’t try to preserve artificial prices in a market economy."
in delaware online
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.