Thursday, April 16, 2020

Peter Schiff: More QEs than Super Bowls


Another week, another multi-trillion dollar Fed program. Government spending has to be paid in either taxation or inflation and we’re about to pay for it in spades. 

Trump draining the whole country instead of just the swamp - will add more debt in 4 years than Bush did in 8. Unemployed will stay unemployed for a long time. 

We’re buying time before an explosive rise in gold prices. You can’t outperform a bubble. Betting against the economy is not the same as rooting against the economy.

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