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Peter Schiff got one thing right.

Summary:
In a recent tweet Schiff says higher rates by the Fed will fuel inflation. This is a reversal of his long-held stance that low rates (i.e. "cheap money") fueled inflation.

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In a recent tweet Schiff says higher rates by the Fed will fuel inflation. This is a reversal of his long-held stance that low rates (i.e. "cheap money") fueled inflation.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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