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mmayr

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mmayr

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Thursday, 09/19/2019 9:52:38 AM

Thursday, September 19, 2019 9:52:38 AM

Post# of 40623
Grab the rails! Or hide in your cabins! Peter Schiff: Why The Fed Won't Be Able To Rescue The Economy This Time Around And he is CORRECT!

"Peter Schiff has been saying that the Federal Reserve is going to take interest rates back to zero and launch another round of quantitative easing in order to reinflate the bubble economy after the next crash. The central bank successfully pulled this off after the 2008 crisis. By dropping rates to zero and holding them there for nearly a decade, and running three rounds of QE, the Fed has reinflated the real estate bubble, blown up a bond bubble and pumped up the stock market. But Peter said it’s not going to work the next time around. Instead, Fed monetary policy will tank the dollar and lead to an inflationary recession."

. . .


Source: https://www.zerohedge.com/economics/peter-schiff-why-fed-wont-be-able-rescue-economy-time-around

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

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