Do you know about - Peter Schiff - Commodity Prices Going Off the Charts
Federal Reserve Interest Rates ! Again, for I know. Ready to share new things that are useful. You and your friends. What I said. It isn't outcome that the actual about Federal Reserve Interest Rates . You see this article for facts about an individual need to know is Federal Reserve Interest Rates .How is Peter Schiff - Commodity Prices Going Off the Charts
Peter Schiff - Commodity Prices Going Off the Charts Video Clips. Duration : 7.27 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 - Commodities and industrials have been on a tear for some time. This has given rise to some fears of inflation. The central bankers are the group that is responsible for all the inflation. Commodities are going up for the same reason that stocks are. The money supply has expanded dramatically over the past few years. The money supply has continued on the same trend as it was on prior to the economic crisis. It was the credit expansion that led to the crisis, and now we are following the same policy. The Chinese will soon experience falling prices when they unlink their currency from ours. At the same time, Americans will experience rising prices. We have been exporting our inflation to China, but we will soon have to eat it all ourselves. All those dollars are going to come back to the United States, and there will be fewer goods to buy with them. A central bank with integrity would have raised interest rates by now. Instead, they are more interested in facilitating government spending by keeping rates on the floor and monetizing their debt. They refuse to take the punch bowl away from the government. The Fed was too loose from 2001-2007. That is what caused the housing bubble. Now it's just more of the same. The CPI will definitely be higher in 2011 compared to 2010.
No comments:
Post a Comment