The only thing Janet Yellen is going to succeed in doing of all the things she wants to do, she wants to help the economy, she wants to create jobs - she is going to fail these. The only goal that she is going to succeed at is raising inflation. Because there will be a lot more inflation thanks to Janet Yellen. And its not going to stop at 2 percent. But I can only imagine how high inflation will actually be if the official numbers were at 2 percent.
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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