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Peter Schiff Video Blog - October 6, 2009 (Demise of the Dollar)

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October 06, 2009 – Comments (1)

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#1) On October 06, 2009 at 10:46 PM, russiangambit (29.30) wrote:

I agree. I also think that eventually FED will have its hand forced and will have to raise interest rates in order to avoid serious inflation. And I don't think we are that far away from that moment. If oil gets to $100 because of emerging markets recovery, while US economy is still horrible with 10% unemployement, I expect average Joe start asking WTF. The things will get unhinged at that point. I give it 6 months.

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