Since When Does Higher Inflation Help the Economy? (Video)

In this clip from yesterday’s Kudlow Report on CNBC, Peter Schiff shares his interpretation of the Federal Reserve’s latest statement, arguing that the next move the Fed will make is to increase its quantitative easing. Larry Kudlow agrees with Peter that the Fed has no real exit strategy and implies that higher inflation targets are not going to help the economy. When the financial media starts to agree with Peter, you know it’s time to buy physical gold and silver!

“You go back to the Fed statement – the Fed doesn’t mention taper. It says ‘adjust monetary policy.’ Adjustment doesn’t imply a direction. I think what the Fed is getting ready to do is increase the amount of QE, not diminish it.”

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!

This entry was posted in Interviews, Videos. Bookmark the permalink.

Comments are closed.