April 17, 2012

The High Oil Prices Are A Tax

The high oil prices are a tax. That tax is going to get higher and higher and higher as more money has to be printed to buy all these bonds because the government isn't collecting enough in taxes to pay for everything it's spending. At some point there will be a limit to how much inflation they will create. - in conway daily sun

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.