Peter Schiff Was Right 2006 2007, And 2013!

(Before It's News)

Investmentwatchblog.com

Peter Schiff Was Right ~ 2006 – 2007 CNBC Edition

Peter Schiff Was Right – ‘Taper’ Edition

When Ben Bernanke announced that the Federal Reserve’s Open Market Committee was going to continue its monetary expansion program it calls Quantitative Easing, almost everyone in the financial media was taken by complete surprise. According to the mainstream media, the non-taper “surprised almost everyone out there.” Well it did not surprise me, nor anyone who had been paying attention to what I had been saying. As I said repeatedly over the past several months, the Fed knows that the appearance of economic health would evaporate if its stimulus were withdrawn, or even diminished. The Fed understands, as the market seems not to, that the current “recovery” could not survive without the continuation of massive monetary stimulus. In fact, the Fed’s next big move will likely be to increase, rather than taper, its monthly QE dosage!

• The Other Reason The Fed Is Terrified Of A Government Shut Down
• The Federal Reserve Surprises with ‘No Taper’ Announcement
• There Is Now A Danger That “All Hell Is Going To Break Loose”
• The FED Says Tapering Is Necessary And It’s Going To Be Painful
• Fed’s Unconventional Monetary Policy, UMP, Worse Than A Nuke EMP
• When “QE Infinity” Turns Into A Pipedream: Hot Money Evaporates, Rout Follows – See Emerging Markets
• Is ‘Chaos’ Ahead? Some Truths About Fed Policy
• Peter Schiff : Pilot Bernanke Crashing US Economy
• Bullcrap Ben Bernanke Has Telegraphed Another House Bubble
• Ron Paul – The Fed Has Destroyed 98% Of The Dollar’s Value