The Federal Reserve’s narrative that the US economy is improving and that the stock market isn’t in a bubble is starting to stretch the imagination of even the mainstream media. Here’s a new commentary published by USA Today that picks apart the idea that the Fed’s stimulus is doing anything to help the economy. The author even notes, as Peter Schiff has been pointing out for months, that Yellen reserves the right to reverse coarse and increase quantitative easing should the Fed deem it necessary.
“I couldn’t believe my ears on Thursday when I saw a fellow on CNBC say with a straight face ‘well, the economy really is getting better this year.’ The economy is only getting better on the same basis it’s gotten better the last five years – somewhere over the rainbow.”
Read the Full Piece Here
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The Fed Is Shooting Blanks
The Federal Reserve’s narrative that the US economy is improving and that the stock market isn’t in a bubble is starting to stretch the imagination of even the mainstream media. Here’s a new commentary published by USA Today that picks apart the idea that the Fed’s stimulus is doing anything to help the economy. The author even notes, as Peter Schiff has been pointing out for months, that Yellen reserves the right to reverse coarse and increase quantitative easing should the Fed deem it necessary.
Read the Full Piece Here
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!