The US Is Already in a Recession; Get Ready for Some Crazy Monetary Policy

Friday, February 12, 2016
By Paul Martin

The Daily Coin
February 12, 2016

by Samuel Bryan, SchiffGold

Jim Grant appeared on CNBC’s Closing Bell and unhesitatingly said he thinks the US economy has already gone into recession:

“I think we are in one…I think there’s a defensible case to be made that a recession began late last year.”

Grant echoed what Peter Schiff has been saying. In his Gold Videocast last week, Peter also said he thinks the recession started last year:

“I believe eventually the government will acknowledge that this greater recession began in the fourth quarter of 2015, the very quarter that the Fed chose to raise interest rates.”

The Rest…HERE

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