Big News out of the Central Banks
* U.S. FOMC
* Primary concern - inflation is too low
* no policy to "correct" the problem
* Preparing markets for additional stimulus
* Japanese Central Bank Doublespeak
* Japanese sales tax hike postponed
* Continued calls for more inflation
* Why is sales tax is different than inflation?
* Euro Decline
* Mandating "stability" by increasing inflation?
* Chinese Central Bank
* Cut interest rate to 5.6%
* Money flows to the dollar as a hedge because the market believes the Fed
* Gold has not dropped much against the dollar and has risen against other currencies
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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.