The scale of money printing in the United States is unprecedented, says veteran stockbroker Peter Schiff. The deficits are “through the roof and the government is spending more money than ever before.”
Schiff, who is CEO of Euro Pacific Capital, told the MoneyShow that more than 60 cents out of every dollar the government is spending is being printed. So, the Federal Reserve is printing more money for the government to spend than the US government is collecting in taxes.
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