Peter Schiff. (Photo: AP)
C’mon, Schiff—we’re waiting. Where’s the dollar’s collapse, the sky-high inflation, societal chaos, the oceans of fire?
The last two may be a stretch, but the outspoken head of Euro Pacific Precious Metals has warned of the dire consequences of Fed action for what seems like forever (or at least since the first round of quantitative easing). Those consequences have yet to reveal themselves.
Federal Reserve Chairman Ben Bernanke said Wednesday that he didn’t believe the Fed was fueling a stock market bubble with its accommodative policies.
Schiff told The Daily Ticker on Friday that the Fed couldn’t see a bubble if it popped in its face.
“In fact, Ben Bernanke himself said there was no real estate bubble even after the real estate bubble burst,” Schiff told the website. “I don’t think there’s necessarily a bubble in the stock market. There’s certainly a
In recent years, interest rates on banking deposit products have steadily fallen, making growing savings an increasingly difficult task for depositors. However, some parts of the country have experienced greater drops than others, and GoBankingRates is performing historical rate studies to examine how interest rates have changed over time by state.
Saving money can be tough when things just keep getting more expensive. Gas prices are on the rise, as is the cost of food and health care. It doesnt help that we all just lost a chunk of our paychecks to the expiration of the payroll tax cut.
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