The longer interest rates remain suppressed, the crazier markets will behave when rates rise. And if Greenspan's one year at 1 percent rates helped trigger the crash we saw in 2008, imagine imagine what three years and counting of Bernanke's/Yellen's zero percent rates portends for the next crash.
You can keep reading Peter Schiff`s market updates and commentary on this new website: Schiff On The Markets (click on the link or on the image below to access the new site)
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. Visit the new website Schiff On The Markets for exclusive content.