Schiff Sees Bogus Stock Growth Coming, Much As We Have Been Discussing...

Yep. The vast majority of people out there will not understand that the increases in stock prices do not necessarily reflect increases in VALUE. Instead, as we know, they reflect a decrease in the buying power of the Dollar caused by a massive liquidity push from the central bank and US Congress.

 

As we have mentioned, there will be a period of perhaps a year, give or take a few months, when things look to be on the rebound. We think that there will be some hires by business, but if the health fascism bill passes, then all bets are off. Things will collapse much more rapidly, and there will be a true economic storm the likes of which this nation has never seen.

Ever.

Check out the interview, provided at Lew Rockwell's site:

http://www.lewrockwell.com/schiff/schiff63.1.html

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