​Schiff on weak economy, Beckworth on how central banks get it wrong

Falling energy costs and resilient domestic demand encouraged employers to add jobs, even as global economies have struggled recently. Erin weighs in. Peter Schiff, CEO of Euro Pacific Capital, gives his take on ADP’s recent private employment report and what he makes of the Swiss referendum’s failure to force the Swiss National Bank to hold more assets in gold. David Beckworth, adjunct scholar at the Cato Institute, responds to recent Boom Bust guest David Henderson’s claim that he isn’t supportive of the Federal Reserve and gives us his take on why inflation targeting is wrong. And in the Big Deal, Erin and Edward Harrison discuss the hyperventilation over the fall in Russia’s currency and the autumn statement by UK Chancellor of the Exchequer George Osborne.