Peter Schiff on Fed and Economy

Economist Peter Schiff points out that the Fed is probably already quietly engaged in monetary easing, which can be accomplished by simply lending to the banks knowing that they will turn around and buy Treasuries, making a cool 2-3 percent profit in the risk free deal and providing an apparent lender to the government at the same time. Twisted.
My Blog::….html

Explore posts in the same categories: Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: