The Schiff Report : Gold, dollar, markets, the Fed, inflation, Rahm Emanuel

Schiff Report video blog Oct. 1st 2010

Peter Schiff : The Fed Has A Drug Problem, Bernanke Is Addicted To Printing

By Peter Schiff Full Article >>>>

Aug. 15, 2010

The FED is addicted to Quantitative Easing

This week, national attention was fixated on JetBlue flight attendant Steven Slater, whose bold, creative, and controversial exit strategy could revitalize his future prospects. Not nearly as noticed was the Federal Reserve's decision on Tuesday to avoid finding an exit strategy for its own never-ending career trap. Unfortunately, the Fed's choices affect our lives much more than Slater's.

Just a few weeks ago, pundits were asking how Ben Bernanke would shrink the Fed's bloated post-crisis balance sheet. But in its August 10th decision, the Fed signaled that it would "recycle" its debt holdings; in other words, there would be no exit strategy for the foreseeable future. Given the fact that monetary stimulus will not only fail to spark a genuine recovery, but create a never-ending need for successively larger doses, Bernanke should grab a few beers and head for the nearest available emergency slide.

The FED should return to market price rule : Kudlow

Kudlow: "Team Obama Wants To GIve The Federal Reserve A Virtual Dictatorship" :
I am really happily surprised to hear this last Kudlow statement , this same Kudlow who a couple of weeks ago was claiming that the economy has started to grow again , good that he has started learning from Peter Schiff , and I look forward to his next interview to Peter Schiff which I hope will be very soon ...Kudlow says "Team Obama Wants To Give The Federal Reserve A Virtual Dictatorship" Kudlow like you have never seen him before saying "Let's roll this thing this is Geithner testimony : Team Obama Wants To Give The Federal Reserve A Virtual Dictatorship" " and I do not like it one bit "The Fed caused the credit crisis in the first place where the bubble had a policy of cheap rates monetary explosion and a sinking dollar they also initially missed the credit crunch crisis , look since they broke it why does anyone believe they'll fix it " "let the federal reserve return to a market place rule for money including gold the dollar bond rates and commodities , this will return to the stable money period from the early 80s to the late 90s before we embarked in this monetary insanity that totally destabilized the economy and completely undermined the stock market " and here is my final point " Washington is spending far too much time on regulations which is a states government approach , they are not spending enough time on ways to grow the economy with free enterprise incentive and strict limits to spending and borrowing debt creation and taxes ..we need economic growth right now that is number one we need risk taking we need entrepreneurship and yes we need all kind of transparent market I am all for that but we need growth growth growth ..." "Stop the Fiscal Insanity "