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Measurable reducing by the Federal Get has unquestionably broadened the Fed balance sheet to record levels, yet the end result on customer as well as possession prices is yet to be seen.
Jim Rickards, very successful author, stated that the Fed has failed to deliver inflation in the past when there was monetary stimulus, while Peter Schiff, CEO of Euro Pacific Resources, said that inflation of asset rates is the likely end result.
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Part 2:
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Jim Rickards and Peter Schiff debate deflation vs inflation (Part 3/3)
Quantitative easing by the Federal Reserve has undoubtedly expanded the Fed balance sheet to record levels, but the outcome on consumer and asset prices is yet to be seen.
Jim Rickards, best-selling author, said that the Fed has failed to deliver inflation in the past when there was monetary stimulus, while Peter Schiff, CEO of Euro Pacific Capital, argued that inflation of asset prices is the likely outcome.
Part 1: https://www.youtube.com/watch?v=TnOcRRJHTmk
Part 2: https://youtu.be/zSzaz-OjxdI
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