Thursday, November 3, 2011

Peter Schiff: On The FOMC statement & Bernanke Nov 3, 2011

Reckless Bernanke Is Creating the Next Crisis says Peter Schiff : "You might call it over propaganda,"

" I think the U.S. economy is getting worse and the Fed is constantly having to ratchet down its previous expectations."

"By keeping the economy addicted to cheap money, he's preventing a real restructuring from taking place," says Schiff. "Part of the recovery process is higher interest rates."

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