The Federal Reverse Will Ramp Up QE Again

"They’re going to have to ramp up QE. Janet Yellen is going to slow down and then reverse the taper, crank the presses back up and launch a whole new round of QE, ending up buying more than $100 billion a month in Treasurys and mortgage-backed securities to try to blow air back in to the deflating bubble.

The bubble is already deflating. The economy is already sinking back into recession. So they have to reverse that. The dollar’s going to get killed, because the dollar is being supported based on the false belief that the Fed can unwind its balance sheet, that the Fed can raise interest rates, and that all this can be done and the economy can keep growing, which is all impossible." - in ETF.com

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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.