March 25, 2013

Reckless Monetary Policy Is Causing Our Resources To Be Malinvested

"What he is doing with his reckless monetary policy is causing our resources to be malinvested. We’re spending too much on housing right now because of what Ben Bernanke is doing. He's bragging about the fact that we’re building more houses and home prices are up, but they’re only up because of the artificially manipulated prices thanks to the Fed, and all of this is a mistake and is going to be unwound in a very painful way." - an excerpt from The Dollar’s Collapse Is (Still) Coming

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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