Episode 12 Synopsis: Greenspan's QE Criticism Too Little Too Late
* FOMC declares "substantial improvement" in economy.
* Does this narrative reflect the best possible spin or ignorance?
* Behind the 3.5% GDP number:
* Deflator - 1.3% indicates decrease in inflation.
* 4.6% surge in gov't spending
* Big drop in trade deficit resulting from drop in crude oil prices adds 1.3% to GDP
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Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast. The podcast focuses on weekly economic data analysis and unbiased coverage of financial news, both in the U.S. and global markets. As entertaining as he is informative, Peter packs decades of brilliant insight into every news item. Join the thousands of fans who have benefited from Peter's commitment to getting the real story out to the world.