Peter Schiff : Janet Yellen, who will likely serve as the next Federal Reserve chairman, would probably be the worst Fed chief in history,
It will be the "same old policies," under Yellen, now Fed vice chairman, but she'll be even more dovish than current Fed Chairman Ben Bernanke,
"I used to think that Alan Greenspan was the worst Fed chairman we ever had until Bernanke was appointed. He kind of let Greenspan off the hook," Schiff told Yahoo Finance Yesterday
"My guess is that Janet Yellen will return the favor, and Ben Bernanke won't go down in history as the worst Fed chairman. It's going to be Janet Yellen."
She will bow to pressure from liberal Democrats to "keep stimulating the economy through cheap money, even though it doesn't work," He added.
"I think she's going to be leading the Fed in a dangerous direction."
Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.
THE PETER SCHIFF BLOG : An Unofficial Tracking of Peter Schiff and The Libertarian Austrian School of Economics
PETER SCHIFF
Friday, September 27, 2013
YELLEN Will Go Down as Worst Fed Chairman in History
Labels:Peter Schiff ,Ron Paul
Janet Yellen,
Yellen
Subscribe to:
Post Comments (Atom)
Popular Posts This Month
-
Peter Schiff: Printing Money Is Not the Cure for Cononavirus In his most recent podcast, Peter Schiff talked about coronavirus and the im...
-
If you want to listen to Peter Schiff's Wall Street Unspun Podcasts , here is the widget , I used to have it on the front page , But fra...
-
Stossel's Myths: Is Oil Truly Scarce? Is Peak oil just another media myth ? Are we really running out of oil, or are we just lazy in our...
-
Peter Schiff Inflationary Nightmare Coming January 24, 2011 Peter Schiff : Inflation is already here and it is in the first thing you...
-
government created jobs like the census jobs are counterproductive and unproductive jobs ... Peter Schiff is considering to run for Senate !...
-
President Obama delivers his weekly address to the nation announcing many cuts in the federal budgetWhat do you guys Think of this ???
-
It`s not the economy that is strengthened by QE. The economy is actually inhibited by QE. Quantitative easing is preventing a badly ne...
-
Peter Schiff on CNBC Fast Money 9_8_10
-
as you may have noticed it this morning many blogs hosted on blogger including mine were reporting this strange Error bX-r1ezpk ... fortuna...

No comments:
Post a Comment