Mr. PETER SCHIFF (Attorney, New York Attorney General's Office): It hasn't been historically just because two people love each other.
Peter Schiff with the New York Attorney General's office argued that the state legislature has a reason to protect heterosexual marriage.
"The Fed is throwing gasoline on inflationary fire that it created but continues to ignore, " says Peter Schiff, the president of Euro Pacific Capital.
FORBES: The prime rate will come down, but loans won't go up.
Yet to Peter Schiff, president of Euro Pacific Capital, that does not mean you should park your investment capital like a klutz in money market funds earning 1.5%.
For reasons that are not completely clear to me folks from Peter Schiff to Ragu Rajan equate low interest rates with high levels of consumer spending.
Some, like Peter Schiff, suggest the Fed will cause a huge dislocation in mortgage markets as well once it begins to unwind its massive portfolio.
FORBES: Home Prices Growing At Pre-Bubble Rates On Bernanke Boost, But Big Shadow Inventory Lurks
Peter Schiff, of Euro Pacific Capital, believes a housing collapse is in the cards as the Fed will eventually have to exit its accommodative stance.
FORBES: Home Prices Growing As Fast As Before The Housing Collapse: Case-Shiller
Peter Schiff is president of Euro Pacific Capital, www.europac.net.
FORBES: Dollar Dragged Down As U.S. Economy Fails To Resuscitate
Shortly after Rand Paul endorsed Mitt Romney for president back in June, he gave a radio interview to Peter Schiff and tried to explain why he did it.
FORBES: It's Time For Rand Paul To Vie For Senate Leadership
Precisely those purchases of assets to further ease monetary policy are cooking a bigger financial crash than in 2008, Peter Schiff of Euro Pacific Capital argues, and that collapse will start with the housing and bond markets.
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