Nov 6, 2013

The Federal Reserve Is Getting Ready To Increase QE

If you go back to that Fed statement, the Fed does not mention taper, it says adjust monetary policy. Adjustment does not imply a direction. I think what the Fed is getting ready to do is increase the amount of QE, not diminish it.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

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