Monday, September 24, 2018

Peter Schiff: Out Of The Frying Pan And Into The Fire


"The irony of it is people who are worried about large deficits, unsustainable current account deficits, and interest rates being artificially low, and stoking runaway inflation, the people who are worried about those things and who are selling lira are buying US dollars. 

Well, that is jumping out of the frying pan into the fire, because whatever people are worried about happening in Turkey, it's going to happen in spades in the United States."

- Source, Peter Schiff