Saturday, December 28, 2013

We Are Going To Have A Huge Inflation Problem

"If it's not 10 or 11 percent, it's certainly 7, 8 or 9 percent. It's going to get a lot higher. If we keep printing money, we're going to have a huge inflation problem." - in Money News

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.

No comments:

Post a Comment

Popular Posts This Month