Monetary heroin
"“I was calling it (Fed’s quantitative easing (QE) program, min förkl.) monetary heroin in the beginning because I knew that the hangover would be horrific and that’s exactly where we are now,” Schiff said. “The Fed has tried to take away the monetary heroin and now there is withdrawal and we’re in recession.”
Earlier on Friday, former Fed chairman Dick Fisher told CNBC that “we injected cocaine and heroin into the system” to enable a wealth effect."
(Mourad Haroutunian, i denna artikel)
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