Peter Schiff Warns "The Fed's Nightmare Scenario Is Becoming Reality"
Submitted by Peter Schiff via Euro Pacific Capital,
Submitted by Peter Schiff via Euro Pacific Capital,
While such things are virtually impossible to verify due to the difficulty of getting “inside the caliphate” so to speak, word on the jihadist circuit is that ISIS is running short on money.
Quietly as an aside in a speech, the Head of the Bank of Japan, Haruhiko Kuroda, confessed that QE has little if any impact on GDP growth.
I touched upon this issue previously, but I want to reiterate it here because it is absolutely ASTOUNDING.
The Bank of Japan is the global leader for monetary policy. Indeed, it has been experimenting with severe monetary policy for DECADES.
The Fed first implemented ZIRP and QE in 2008. The ECB first cut rates to ZIRP in 2014 and implemented QE in 2015.
The Bush dynasty ended not with a bang, but a whimper on Saturday when Jed Bush officially threw in the towel at the feet of Donald Trump, but not before spending $130 million for his now failed presidential campaign.
Residents in Flint are being forced to drink and cook with bottled water, yet they are being charged higher rates than almost anywhere in the country for their poisoned water. Meanwhile there is a story about the bottled water industry in Michigan that has mostly gone unnoticed. Less than two hundred miles away, multi-billion dollar corporation Nestle has been pumping millions of gallons out of Lake Michigan for free. They have actually received 13 million dollars in tax breaks to do so.