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mmayr

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mmayr

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Tuesday, 09/03/2019 5:02:52 PM

Tuesday, September 03, 2019 5:02:52 PM

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Peter Schiff: The Fed Is "Unable To Delay" A Recession Any Longer

Schiff says there is no way for the Federal Reserve to stops the United States from going into a recession.

“They never should have taken rates to zero in 2008 and held them there for 7 years,”the veteran economic analyst told RT. “Zero interest rates and quantitative easing have created problems in our economy that will take generations to fix. However, the healing will never get underway if the Fed goes right back to zero (which is where they are headed).”

Source: https://www.zerohedge.com/news/2019-09-03/peter-schiff-fed-unable-delay-recession-any-longer

Economics by Following the Money ~ Globally & Nationally on Twitter @Conan644

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