Schiff: Fed’s Operation Twist will really hurt

September 22, 2011 08:00

“None of this is going to work. These are all gimmicks. …the fed is rearranging the deck chairs on the Titanic of an economy….  it is that old definition of insanity to just repeat things over and over and over again and expect a different result. We’re not going to get a different result we’re going to have the same result. If we want a different result we’ve got to change the strategy. But unfortunately there is no political will to change the strategy.” – Peter Schiff

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