Relevant:
- Peter Schiff: "Bernanke's Operation 'Screw'" (video)
- Schiff: “The Boom Is The Problem, The Bust Is The Solutionâ€
- By The Time Operation Twist 1 Is Over, The Fed Will Have Quietly Completed 40% Of Operation Twist 2 As Well
- Peter Schiff: Market-Crushing Treasury Collapse To Hit Around 2013
- Peter Schiff: Gold Fools Shouldn't Be Selling
2012-12-13 — europac.net
Schiff confirms that the Fed really said nothing definitive with respect to an employment-linked target; the end result being that all the Fed did was take "sterilization" of Operation Twist off the table, which means they are going to resume aggressive expansion of their balance sheet.
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