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SMLL - Peter Schiff: The Fed Can Never Take The Easy Money Drug Away
Direxion Daily Small Cap Bull 2X Shares
By SchiffGold
The Federal Reserve is creating a massive amount of money out of thin air and injecting it into the economy. Pretty much everybody believes this is the only choice given the economic emergency we face. But we're told once the emergency is over, the Fed will take the excesses away. In his podcast, Peter Schiff explains why this will never happen. Once the drug addict is hooked, you can't just take the drug away.
Peter started the podcast saying he thinks the bear market relief rally is coming to an end.