Do you know about - Peter Schiff - Stop Saying It's Nonsense
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Peter Schiff - Stop Saying It's Nonsense Tube. Duration : 5.48 Mins.We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Federal Reserve Interest Rates . For the latest Peter Schiff, go to PeterSchiffBlog.com Some economists are saying that the United States economy will begin to accelerate at a pace that no one expected. But can that really be true if they are going further and further into debt? The United States is much more closely compared to Greece rather than Japan. The Japanese had savings and a strong trade surplus when their recession began. The Federal Reserve's balance sheet has grown dramatically in the past couple years. Much of the government's debt is financed by Treasury Bills, and when interest rates go up, the premium will go sky high. It doesn't matter that the GDP numbers are going up. The actual economy isn't growing. It's mostly debt financed consumption by both the government and by individuals. The best way to preserve your money is to look to acquire income streams in something besides dollars or euros.
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