Friday, April 11, 2014

Peter Schiff : The Federal Reserve wants to Inflate away Debt

Warmer Weather's Failure to Stoke Jobs Chills Stocks
Peter Schiff: Federal Reserve wants higher prices and inflation to inflate away debt; higher prices pinch ordinary people whose wages are not rising

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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