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Dollar Bear: The sky is still falling

American fiscal vices are sufficient to corrupt a world of financial virtue. by Peter Schiff Baltimore — (TFN): Economists who now see American troubles spreading around the world are predicting that foreign central banks will ignore the gathering inflation threat and follow the Fed down the rate cutting path. Similarly, they argue that since the downturn [...]

Dollar Bear: Why not let the markets decide

“Colleges and universities would simply be forced to offer affordable tuitions or go out of business—just the way they used to back in my father’s day. Similarly, if the government allowed real estate prices to collapse, Americans would not have to take on so much debt to buy houses.” —Peter Schiff by Peter Schiff Baltimore — (TFN): Those [...]

Dollar Bear: The rich are getting poorer

"There is little doubt that the vast amounts of cheap, U.S.-dollar liquidity pumped into both American and international economies by the U.S. Federal Reserve Board(particularly under former Fed Chairman Alan Greenspan averted some naturally occurring and corrective recessions and led to a series of unprecedented asset booms. The mistake was in thinking that this virtual [...]

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