Peter Schiff: Biggest Fed Decision in History; They’re Screwed Either Way (Video)
BY VOICE OF REASON
THELASTGREATSTAND.COM
FRIDAY, SEPTEMBER 23RD, 2016
f you find yourself confused about who to believe when it comes to the state of the U.S. economy, then the following podcast with Peter Schiff should help make the decision a little easier. On one hand, there are some economists saying the sky is falling, and the U.S. Dollar is inevitably going to collapse, but on the other hand, U.S. markets are at all time highs, so how is a layman to make sense of any of it?
The following podcast was recorded a day or so before the Fed announced what was arguably its biggest decision ever this past Wednesday, regarding whether or not to raise interest rates for only the second time in years, as they’ve been hinting they might do for some time now… or “bluffing about” as Peter has been accusing Yellen of since last December. He claims, and many agree, the constant bluff that rates could go up give the illusion to those who don’t know better that the economy is getting better. The truth, is that the economy is getting FAR worse, as Peter covers in many of the links at the bottom, and Yellen is bluffing with the intent to artificially manipulate the market from dropping.
Peter explains that no matter what decision the Fed ultimately came to this past Wednesday, they were damned if they raised rates, and damned if they didn’t. He argues that the meeting was more likely about discussing the corner the Fed has painted itself into with Yellen’s lies, and by the fact that so far, the Fed’s decisions have been 100% political, rather than based on economic data.
The Rest…HERE
