Peter Schiff: Twist Paves the Way for QE III

Peter Schiff: Twist Paves the Way for QE III: But our zombie economy does not need to be perpetuated by more QE. It must be allowed to die so that a living, breathing, self-sustaining economy can replace it. By feeding our addiction now the Fed is impeding the recovery. QE may goose the markets and provide a short-term boost to spending, but it will also increase debt and grow the government. This process exacerbates the structural imbalances underlying the U.S. economy, making what may be the inevitable crash that much more spectacular.