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
-
A very strong debate yesterday on MSNBC between Peter Schiff and the host on the Ed show on two major topics the healthcare reform and the s...
-
as you may have noticed it this morning many blogs hosted on blogger including mine were reporting this strange Error bX-r1ezpk ... fortuna...
-
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 ???
-
The more we owe, the wealthier we are ??? Congressman Pete Stark reacts to national debt Watch Congressman Pete Stark reacting when Jan Helf...
-
In an interview with the Washington Post , Peter Schiff explained how he was leaving his true career in the private sector to go into politi...
-
Here are some of Peter Schiff's Quotes , Please feel free to post more , and I'll make sure to add them to this list ...let's ma...
-
Peter Schiff Vlog Report 21 May 2009 there is no more safety either in the bonds stocks or dollar the rush towards the gold is starting , ca...

No comments:
Post a Comment