Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast.  He follows up his daily two-hour radio show with podcasts focusing on weekly economic data analysis and unbiased coverage of financial news, both in the U.S. and global markets.  As entertaining as he is informative, Peter packs decades of brilliant insight into every news item.  Join the thousands of fans who have benefited from Peter’s commitment to getting the real story out every week.


Peter Schiff Podcast

Frankenfed Finally Fears Its Own Monster – Ep. 303

Fed Fears Inflation Is Not High Enough

Fed statements drove the markets today; particularly the foreign exchange markets and the precious metals markets. First we got a quote from Janet Yellen early this morning in which she was talking about inflation. Her concern is that inflation isn’t high enough.  Here’s and exact quote from Janet Yellen:

“It can be quite dangerous to allow inflation to drift down and not to achieve over time a central bank’s inflation target,”

Dangerous? Dangerous to whom? She also says that one reason it is dangerous is because inflation expectations are likely to drift down, too.  So she’s […]