You need to be logged in to view this video
How Long Can the Zombie Economy Last? Will the Fed's Next Stimulus Be Fatal?
Released on Friday, October 21, 2016•MARKETS
For much of the past decade The Federal Reserve blew up a series of financial bubbles in order to keep our artificially inflated economy from experiencing a needed rebalancing. They gave us trillions of dollars of quantitative easing bond purchases, a hopelessly bloated Federal deficit, and zero percent interest rates for almost eight years. But despite all of that, our economy never really recovered. Now the economy is dangerously close to another recession and the Fed is ready to reach into its bag of tricks to find a new way to jolt us into growth? But what is their snake oil hurts more than it helps? Renown investor and economist Peter Schiff, who is widely credited for his predictions on the mortgage crisis of 2008, will explain why the next dose of artificial stimulus will likely be the overdose that pushes our economy over the edge and radically reshuffles the values of investment portfolios.
Peter Schiff
Euro Pacific Asset Management,
Chief Global Strategist
Peter Schiff is one of the few widely known economists and investment professionals to have spoken about the financial crisis before it began. He is a widely followed opponent of debt-fueled growth policies and is known for his advocacy for emerging market and commodity-focused investments in countries with positive fiscal characteristics.
Trending Now
Filter By Category
Filter By Keywords
Loading...