If you actually look at what the Fed is doing, they're doing QE3 (quantitative easing) whether they state it or not.
If it admits that it's printing all this money, then the dollar is going to fall even faster, oil prices are going to rise faster. The Fed wants to create inflation. It just doesn't want to be forthright about it. - in MoneyNews
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.