March 17, 2010

The Distortive Effect Of Stimuli And Bailouts

“Based on the distortive effect of stimuli and bailouts, our economy has adapted to a climate where cheap credit is plentiful. Our economy is less able than ever to survive in a world in which stimulus is removed.”

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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