Wednesday, August 7, 2013

Peter Schiff: The Goverment’s Plan Is Inflation

"The government has no tools to combat inflation… The Federal Government and the Federal Reserve want to inflate away all the debt. The US government has a lot of debt, American households have debt, corporations have debt [and] it’s impossible to repay it. They want to inflate it away, but they don’t want our creditors to realize what plans we have and so we’re going to continue to misrepresent how much inflation there is…"

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