PETER SCHIFF

PETER SCHIFF

Monday, April 27, 2009

Peter Schiff Vlog Report 27 Apr 2009

The Fed is Creating Inflation lenders will demand higher interest rates to compensate ....The Fed is destroying private sector lending
- The ideal interest rates in the US is a negative 5% says a group of economists
- Ideal for who? Surely not for the lenders
- We need higher interest rates not lower!
- Federal Reserve will create inflation
- With Inflation nobody will lend, people are not stupid
- THe FED will destroy private sector lending and savings, that will not create economic growth, that will create hyperinflation




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