Saturday, April 19, 2014

QE Is An Euphemism For Inflation

Inflation is the expansion of the money supply. Quantitative Easing (QE) is an euphemism for inflation. All the Central Banks are inflating. That is what they are doing. That is inflation. Looking at the effective inflation as measured by the government`s CPI index is meaningless.

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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