This week on CNN Money, investor Jim Rogers had a friendly debate with University of Pennsylvania Professor Jeremy Siegel about the true cause of the booming stock market. Rogers, like Peter Schiff, knows the Fed’s money printing is the only thing supporting this so-called bull market.
“This [bull market] is because of money printing… This is the Federal Reserve and the central bank in Japan and the central bank in England and the central bank in Europe printing staggering amounts of money. This is unprecedented. Never in world history has every major central bank printed money at the same time and desperately tried to debase their currency.”
Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog