"There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." -Ludwig Von Mises
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Jun
18

Peter Schiff says Inflation, Not Deflation

Author: Mac Slavo
- June 18th, 2009
                           

If you’re wondering whether we’ll experience inflation, deflation, or a mix of both, consider listening to the Peter Schiff interview from Gold Seek radio June 17, 2009. In stark contrast to forecasts from Harry Dent Jr., who believes deflation will be the end result of this economic crisis, Peter Schiff argues that inflation is the direction in which we’re headed.

Listen to Peter Schiff on GoldSeek Radio (Part 1 of 2)

Listen to Peter Schiff on GoldSeek Radio (Part 2 of 2)

Author: Mac Slavo
Date: June 18th, 2009
Visit the Author's Website: http://www.SHTFplan.com/

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Posted In: Forecasting, Peter Schiff

 

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