Yesterday, Arise Xchange interviewed Peter Schiff about the implications of the Federal Reserve’s quantitative easing and the possibility of the stimulus being reduced in the near future. Peter emphasized that investors shouldn’t be distracted by short-term asset bubbles – these are all going to collapse when the money printing stops.
“When they stop doing the QE, we’re going to realize how much worse the problems are than they were in 2008… The Fed doesn’t want us to feel the pain that unfortunately is going to come with solving our problems. They want to numb us up with more QE. So they’re going to keep on doing it until we have a complete economic catastrophe.”
Peter’s Appearance Begins at 16 Minutes in the Video Below
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