SIC SEMPER TYRANNIS!!!
June 1, 2013
Peter Schiff explains how the so-called "recovery" being pushed by the administration, through the media is really just an illusion.
A rise in the stock market gives Americans the illusion that recovery is here, but printing money by the Fed does not constitute a healthy recovery in the real sense of the word.
Real data is showing a weakening in the U.S. economy.
The Federal Advisory Council published a report stating essentially that the Fed's monetary policy has not been effective, and that it has only inflated asset bubbles that have given the illusion of a healthy and recovering economy. Once the money printing stops, it will bring on disaster.
So basically folks - WE'RE HIT!!! LIKE A SOUP SANDWICH!!!