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This is Peter Schiff's prediction. The financial crisis becomes a currency crisis when the politicians keep trying to pump up a false boom by printing money un
by samh 17y ago
This is Peter Schiff's prediction.
The financial crisis becomes a currency crisis when the politicians keep trying to pump up a false boom by printing money until the rest of the world wakes up to the loss of value in the US dollar leading to massive inflation.
- philk 17y agoI'd say the differences between the two are quite slender, Peter Schiff is merely less optimistic[1] about what will happen politically. [1] Being less optimistic about what will happen politically is probably a very smart thing. Politicians are not incented on the long term performance of their countries.