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June 20, 2013Interviews

Peter Schiff: Phony Recovery Evaporates at Hint of Less QE (Video)

Peter Schiff appeared on Fox Business Markets Now this morning to discuss his reaction to the Federal Reserve’s announcement on interest rates and on Ben Bernanke’s press conference.

This whole recovery that the Fed believes it created with the QE is evaporating before it even dials it back. I think the that the next thing the Fed is going to do is add to the QE. … They are going to put more crack into the pipe.”

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