September 17, 2012

This Is Kamikaze Monetary Policy

This is a disastrous monetary policy; it’s kamikaze monetary policy.  The dollar index is going to go down to 40, it might even go to 20 — I mean this is going to be in free fall at some point… ultimately there’s going to be a currency crisis. - in CNBC Asia’s Cash Flow

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.