Overdosing on the Fed’s Monetary Heroin (Video)

Peter Schiff appeared on TheBlaze TV’s Wilkow last week to speak about the new housing bubble, the Fed’s stimulus efforts, and the phony inflation and employment numbers.

“The Federal Government is more involved now in the housing market than it was when the last bubble was inflating, and the Fed’s monetary policy is even more reckless. And the Fed’s specifically saying that it’s goal is to artificially prop up real estate, to get people building houses we don’t need, to get people buying houses they can’t afford… The Fed has created an economy that is completely dependent on this monetary heroin. They can never stop, of course, until we die of an overdose.”

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