Peter Schiff Talks Gold, Economics, Politics NEW YORK (TheStreet) -- Peter Schiff, founder of Euro Pacific Capital, speaks with TheStreet.com's Gregg Greenberg about the dollar, gold prices, manufacturing in America and a whole host of wide-ranging topics.
"Ben Bernanke is keeping his record of perfection intact of never getting anything right. Once again he's gotten it wrong," Peter Schiff says. "If the Fed really thought the economy was sound, why does he have it on life support? If he pulls the plug, our sick economy is going to die." The coming collapse of the dollar and bursting of the Treasury bubble will have devastating consequences for ordinary Americans, and any investors based in dollars, he says.
The economy today is "worse, we are much more deeply indebted than in March," Schiff declares. "We've dug ourselves a deeper hole."