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POSTED ON August 16, 2018  - POSTED IN Key Gold Headlines

Turkey has been in the headlines over the last few weeks as a currency crisis has rocked that country. But as Peter Schiff pointed out in his most recent podcast, all of the things commentators are frying Turkey over are happening in the US as well.

All of the criticism that is being leveled against Turkey – that their deficits are too big, that they have a current account deficit, they’re keeping interest rates artificially low,  they’re keeping interest rates below the rate of inflation – all of that criticism can be applied to the United States.”

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