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 Peter Schiff: Fed Doubles Up Stealth QE as US Spirals Toward Recession

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Peter Schiff: Fed Doubles Up Stealth QE as US Spirals Toward Recession Vide
PostSubject: Peter Schiff: Fed Doubles Up Stealth QE as US Spirals Toward Recession   Peter Schiff: Fed Doubles Up Stealth QE as US Spirals Toward Recession Icon_minitimeWed Oct 09, 2019 12:35 am

With news of the Institute for Supply Management index of national factory activity dipping to a 10-year low and contracting for the second straight month, stock markets faced a major sell-off through the middle of last week.

Economist and precious metals expert Peter Schiff said on his latest podcast that the service sector is next up to follow manufacturing into a recession.

Peter Schiff: Fed Doubles Up Stealth QE as US Spirals Toward Recession Peter-Schiff-440x264

“This is no different than a Politburo in the Soviet Union deciding what the price of bread is going to be.”

https://moneyandmarkets.com/peter-schiff-federal-reserve-recession-stealth-qe/
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Peter Schiff: Fed Doubles Up Stealth QE as US Spirals Toward Recession

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