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By Jeff Harding. It has been my experience over my years of observing the financial markets and its prognosticators that economists seldom translate their correct views of the economy to investment success. I am speaking mostly of those economists who are not captive in-house economists, but those who toil in academia or sell research. [...] By Jeff Harding I think that Peter Schiff has it right. My take is that the Fed is in a bind and will either hike interest rates or let the dollar fall and impose price and wage controls. [...] |
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