Peter Schiff on ECB ‘Easy Money’: ‘Things Are Going To Get Worse’!

[youtube=https://www.youtube.com/watch?v=NIe7biK5ngY]

• Published on Jan 22, 2015
  The head of Goldman Sachs says the world’s embroiled in ‘currency wars’. Meanwhile, Europe’s Central Bank has announced a massive cash injection into the bloc’s economy – to the tune of 50-billion-euros a month from March.
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• ECB QE is about bailing out the banks, not about helping the public. It is about the massive financial derivatives losses accumulating rapidly in the banks.

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