TRACKING THE CEO OF EURO PACIFIC CAPITAL AND GOLD VIGILANTE PETER SCHIFF, AN UNOFFICIAL TRACKING OF HIS INVESTMENT COMMENTARY
Thursday, September 16, 2021
Peter Schiff: Tapering the Taper Talk
I mistakenly said the Fed only lowered interest rates to 1% following the 2008 financial crisis, when it was after the Dot com bubble burst that the Fed stopped at zero.
1% was the rate that inflated the financial bubble. Rates went to zero for the first time following during the financial crisis.