Apr 25, 2014

More Money Chasing A Given Supply Of Goods

"Efforts to combat recession through stimulus measures mean more money chasing a given supply of goods. Being the very definition of inflation, that simply pushes up  prices while doing nothing to improve underlying economics." - in The Little Book Of Bull Moves

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

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