In his video blog response to the Fed’s announcement of unabated quantitative easing, Peter Schiff exposed the doublespeak behind the Fed’s reasons for tapering.
“Ben Bernanke went over a whole list of things to describe why the US economy was not strong enough for a taper. How is that going to change in four weeks? It’s not. If the Fed was going to taper, they would have done it in September, not wait until October. Everybody was ready for a taper, the markets were prepared for a taper. All they had to do was deliver on those expectations. The fact that they didn’t do it meant they had no intention of doing it.”
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The Fed’s Non-Taper Damage Control (Video)
In his video blog response to the Fed’s announcement of unabated quantitative easing, Peter Schiff exposed the doublespeak behind the Fed’s reasons for tapering.
Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Interested in learning about the best ways to buy gold and silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!