Peter Schiff US Hyperinflation South America Style

Peter Schiff explains how Bernanke printing press could sink the US economy into a South America like hyperinflation

we cannot solve the debt problems with more debt or with printing more paper money backed by thin air , we cannot print our way out of the crisis ...

Peter D. Schiff, president of Euro-Pacific Capital, a Connecticut-based brokerage who correctly foresaw the U.S. stock-market slide, the home mortgage meltdown and the credit crunch
Peter Schiff discusses politics, world economies, and investment strategies , Peter Schiff is Author of the Best Seller Crash Proof How to Profit From the Coming Economic Collapse

Mission Not Accomplished by Peter Schiff

Published 12/16/09
Although Barack Obama has refrained, at least for now, from delivering triumphant speeches in a naval flight suit, there is nevertheless a strong tone of accomplishment emanating from the President and his deputies. Over the weekend, top White House economic adviser Lawrence Summers even pronounced that the recession is now over. Without hedging his bets, Summers declared that thanks to the Obama Administration's wise stewardship, economic stimuli, and emergency bailouts, another Great Depression, set up by the prior Administration, had been narrowly averted. Summers saw no impediments to the return of sustainable growth. He may as well have delivered these remarks from the deck of an aircraft carrier.
Read Full Article >>>>