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07:35 PM
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Peter Schiff nails it again! There is absolutely no way for the FED to drain all of this immense amount of newly created liquidity
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[quote:Anonymous Coward 613117:MV84MDU0NTRfMTI0MjUxNjJfOTA0MTAxM0Q=] Notice his look when he mentioned Silver. :spock: [/quote]
Original Message
The phony stock market rise created by the bogus "prosperity",resulting from the printing of enormous amounts of new "dollar credits" will not foster the growth of better paying jobs.The faux "prosperity" will only create a speculative bubble in commodity prices, making the necessities of life(food,fuel,heating/cooling) more expensive, as more and more people are losing their jobs or experiencing pay cuts!
The Federal Reserve will never be able to "drain" all this additional liquidity it created, without bringing on the total economic collapse it sought to prevent, by bailing out banks and insurance companies in the first place!
Peter Schiff explains why this is all such a farce, and will end badly for the unsophisticated and ill informed.
Take heed and choose wisely!
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