{"id":12036,"date":"2015-09-09T07:36:59","date_gmt":"2015-09-09T12:36:59","guid":{"rendered":"http:\/\/olduvai.ca\/?p=12036"},"modified":"2015-09-09T07:36:59","modified_gmt":"2015-09-09T12:36:59","slug":"everyone-preparing-for-the-wrong-outcome-schiff-says-qe4-is-coming-not-a-rate-hike","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=12036","title":{"rendered":"\u201cEveryone Preparing for the Wrong Outcome\u201d: Schiff Says QE4 is Coming, Not a Rate Hike!"},"content":{"rendered":"<h3><a href=\"http:\/\/www.shtfplan.com\/headline-news\/everyone-preparing-for-the-wrong-outcome-schiff-says-fed-cant-raise-rates-qe4-is-coming_09082015\" target=\"_blank\">\u201cEveryone Preparing for the Wrong Outcome\u201d: Schiff Says QE4 is Coming, Not a Rate Hike!<\/a><\/h3>\n<blockquote><p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-30688\" src=\"http:\/\/shtfplan.com\/wp-content\/uploads\/2015\/09\/federal-reserve-printingpress-yellen.jpg\" alt=\"federal-reserve-printingpress-yellen\" width=\"480\" height=\"405\" \/><\/p><\/blockquote>\n<p>The printing presses are firing up all over again\u2026 err, at least the digital ledgers are, anyway.<\/p>\n<p>Financial expert and infamous goldbug Peter Schiff was interviewed by Fox Business from the floor of the U.S. Stock Exchange.<\/p>\n<p>Schiff warned viewers that \u201ceveryone is preparing for the wrong outcome with the U.S. economy.\u201d<\/p>\n<p>That outcome? The financial world has been waiting with feverish anticipation for \u201cthe big day\u201d when the Federal Reserve finally raises interest rates \u2013 a quiet move big enough to shift economic tectonic plates.<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/aLeLJDaKEY8\" width=\"480\" height=\"270\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>But contrary to conventional wisdom about\u00a0<em>when<\/em>\u00a0the Federal Reserve will raise interest rates, and thus turn the page on a new era of the economy, Schiff says they can\u2019t and won\u2019t raise rates anytime soon \u2013 though they should have several years ago.<\/p>\n<p>It didn\u2019t happen months ago when many expected it. It won\u2019t happen now in September, and likely not for a long time.<\/p>\n<p>Why?<\/p>\n<p>Because the Federal Reserve can\u2019t raise rates without collapsing the bubble economy.<\/p>\n<p><strong>\u201cI was saying they weren\u2019t going to raise rates. Not because they shouldn\u2019t, but because they can\u2019t, because they will prick this bubble economy that they worked so hard to inflate,\u201d<\/strong>\u00a0Peter Schiff told Fox Business.<\/p>\n<p>Instead of letting certain markets fail as they should have, they were propped up by the Fed. And these zombie banks and businesses have been sucking life out of the real economy \u2013 at great expense to average people.<\/p>\n<blockquote><p>\u201cThe economy has never been good. We\u2019ve really been in a recession, I think, for the entirety of the recovery. I think the policies that the Federal Reserve has used to prop up the stock market and the real estate market have hurt the real economy. That\u2019s why things are actually getting worse. But on Wall Street, yeah, things look good. But if the Fed takes away those monetary supports, we\u2019re going to be in a bear market.\u00a0<strong>We\u2019re going to be in a deeper recession. We\u2019re going to resume the financial crisis that was interrupted by this monetary policy.\u201d<\/strong><\/p><\/blockquote>\n<div>&#8230;click on the above link to read the rest of the article&#8230;<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u201cEveryone Preparing for the Wrong Outcome\u201d: Schiff Says QE4 is Coming, Not a Rate Hike! The printing presses are firing up all over again\u2026 err, at least the digital ledgers are, anyway. Financial expert and infamous goldbug Peter Schiff was interviewed by Fox Business from the floor of the U.S. Stock Exchange. Schiff warned viewers [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[303,305,1154,8849,4084,963,661,8516,662,6490,841],"class_list":["post-12036","post","type-post","status-publish","format-standard","hentry","category-economics","tag-fed","tag-federal-reserve","tag-interest-rate-policy","tag-marc-slavo","tag-monetary-tightening","tag-peter-schiff","tag-qe","tag-qe4","tag-quantitative-easing","tag-shtfplan-com","tag-us-economy"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/12036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12036"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/12036\/revisions"}],"predecessor-version":[{"id":12037,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/12036\/revisions\/12037"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}