Quote:
Originally Posted by wig
Which of Schiff's predictions have been delayed by government intervention?
IMO, Schiff and Prechter have both been wrong plenty. Timing is a bitch.
|
You just answered your own question. Schiff's timing for inflation and hyperinflation has been off due to Bernanke keeping the interest rates artificially low and the money supply(quantitative easing), as well as the FED skewing facts and charts to make the American public think there's a recovery. Bernanke has a done a tremendous job feeding the stupid public his retarded logic and ecomonic outlook. Coupled by the fact that the rise in the stock market has to do with low volume training based on all that information, and you have government intervention and the prolonging of the eventual collapse.