Schiff: The Fed Wants To Inflate Housing

Renown and rather outspoken investor Peter Schiff has taken a shot at the Fed in his most recent statements, as he accuses them of trying to inflate the economy. To be specific, Schiff thinks that Bernanke and company want to inflate the housing bubble, which burst in 2007 and had a devastating impact on our economy. “But you can’t blow up a bubble that has already burst. It has too many holes” said Schiff [for more inflation news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: Timber Set to Soar Says Jeremy Grantham Gold, Copper, Platinum Stuck In Contango GDX vs. SIL vs. CU: How They’ve Performed So Far In 2012 Which Commodity ETFs Could Outpace QE3? Three Commodities to Bet With Buffett