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IPFS News Link • Economy - Economics USA

Peter Schiff On The Phony US Economy

• ZeroHedge.com
 Our phony economy is being propped up by the stimulus and artificially low interest rates, and all of that has to come to an end if we want to stop the dollar from collapsing."

1 Comments in Response to

Comment by Lucky Red
Entered on:

 And, please, let's not forgot how much good it does for the economy when the banks don't report the liabilities and other toxic 'assets' they have in their books.  Not only does it allow the banksters to continue giving themselves gazillions of dollars in bonuses but it's also a false high on how well they're doing.



www.universityofreason.com/a/29887/KWADzukm