April 2, 2012

The Substance Is Inflation

The substance is inflation. It’s that the dollar we use to buy equities are losing value. This is not about the stock market going up. It isn’t going up. That’s a delusion created by the Fed. - in CNBC

Related, SPDR S&P 500 Index ETF (SPY)

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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