Peter Schiff appeared on CNBC’s Closing Bell today to discuss why he expects the “Fed to taper back the taper talk.”
“People are underestimating just how much interest rates are going to go up, how fast rates are going to rise, and what the impacts are going to be on the economy, on the housing market, on the stock market, on the banks, and the government’s ability to service its debts.”
Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog