Jim Rickards and Peter Schiff debate deflation vs inflation (Part 3/3)
Part 3 of the 3 part series I have presented by principals in the Commodities Market – specifically Gold – and what to expect around the corner. The Dollar Crash is coming, there is no escape – there is only preparation via knowledge and realignment of all of your previous valuation of investments of the past.. listen up!!
Quantitative easing by the Federal Reserve has undoubtedly expanded the Fed balance sheet to record levels, but the outcome on consumer and asset prices is yet to be seen. Jim Rickards, best-selling author, said that the Fed has failed to deliver inflation in the past when there was monetary stimulus, while Peter Schiff, CEO of Euro Pacific Capital, argued that inflation of asset prices is the likely outcome.