Peter Schiff said Next Recession Is Going To Be More Brutal

Peter Schiff said Next Recession Is Going To Be More Brutal

The current economic decisions taken by the Fed and the government has made many controversies. People did not think the Fed will have to cut the rate of interest for more than two times. While giving an interview, CEO of Euro Pacific Capital Peter Schiff said that the Fed’s decision to expand balance sheet in the form of “unofficial” quantitative easing would increase inflation. Fed’s decision is as expected, but it will create some problems in the way of recession, Peter said in an interview. He mentioned the fact that…

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