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Blog Posted in avatar   Andrew Moran's Blog

Peter Schiff: Federal Reserve to cause the economic collapse

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By Andrew Moran
Posted Nov 22, 2012 in Politics
Peter Schiff, former Senate candidate and President of Euro Pacific Capital, was on CNBC this week and he talked about how the real danger is Federal Reserve Chairman Ben Bernanke and not the fiscal cliff.
Schiff also said the United States needs a much bigger fiscal cliff and the current one wouldn't have happened if it wasn't for all of Bernanke's quantitative easing policies and other inflationary measures.
In the end, he sees a few things: gold will still go strong, a deal will be made because politicians want to be viewed as Santa Claus and the U.S. dollar will devalue.
The entire in-depth article can be read at Economic Collapse News.

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