One of the people that paid a lot of money to have breakfast or lunch with Ben Bernanke, after one of these meals said that Ben Bernanke mentioned to him and whoever else was at the table that he did not expect the Fed`s fund rate to get back to 4 percent in his lifetime. And Ben Bernanke is not that old, he is most likely to live another 40 years or so.
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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