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Day: December 4, 2014

Draghi Said ECB Considered Buying Every Asset Except Gold: Ep. 29

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What is the goal of the “Inflation Mandate? What is the exact number of the mandate? If the real mandate is “less than 2%” they’re already there The European economy is expecting another QE, but I don’t expect it. How they plan QE if they don’t know what they are going to buy? Draghi cites …

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Asset Bubbles

Fed Yearns for Higher Inflation to Disguise Asset Bubbles

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On December 3, 2014, a contributed article by Peter Schiff, CEO of Euro Pacific Capital, and author of The Real Crash – America’s Coming Bankruptcy, ran in the Washington Times. The piece sheds important light on how the Federal Reserve’s attitude regarding sub 2% inflation has changed significantly over the years. He makes the case …

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