THE PETER SCHIFF BLOG : An Unofficial Tracking of Peter Schiff and The Libertarian Austrian School of Economics
PETER SCHIFF

Monday, January 20, 2014
The Federal Reserve: Blowing Air Into A Bubble Economy
The only thing that quantitative easing has helped do is exacerbate the problems and reflate the asset bubbles. So, yes it has caused the stock market to go up, it has caused the real estate market to go up but that is masking the problems in the economy. And in fact, we don`t need high stock prices and higher real estate prices. they are already too high. We will never have a legitimate recovery as long as the Federal Reserve is concentrated on blowing air into a bubble economy. That is all they are doing.
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