PETER SCHIFF

PETER SCHIFF

Sunday, January 12, 2014

Strong Currencies: There Is Ample Evidence That They Increase Domestic Purchasing Power




"While there is little reason to believe that strong currencies stifle exports, there is ample evidence that they increase domestic purchasing power, which is a real test of economic success." - in The Daily Bell


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.

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