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The Fed Is Going To Shock The World By Increasing QE
King World News
Today one of the top economists in the world predicted that the Fed will shock the world by increasing QE. He also discussed what all of this means for major markets around the world, including gold and silver. Michael Pento, founder of Pento Portfolio Strategies, wrote the following exclusive piece for KWN.
By Michael Pento of Pento Portfolio Strategies
October 5 (King World News) – “Increased QE Will Shock Market Participants Around The World”
Former Treasury Secretary Hank Paulson weighed in on the budget and debt ceiling gridlock in Washington and offered a solution this week by saying, “I hate the whole concept of a debt ceiling”. He also indicated that putting a legal limit on our nation’s borrowing authority is a “flaw in the system”. In other words, if we just did away with the strictures of a debt limit our problems would go away….
Let’s call it what it really is, counterfeiting.
Everyone…everyone please please go on Youtube and search for Zimbabwe, Argentina and Weimar Germany Hyperinflation. Educate yourselves and if you live in USSA prepare yourselves for the worst(as in the movie “The Purge” foretold in advanced) economic crash in all history.
Get your wheel barrels out people. You will have to take a wheel barrel of money to the store to get a loaf of bread because our hundred dollar bills will be worth a penny. Lets all get jobs printing money for the country and pump it out just as fast as we can so we have plenty of wheel barrels full at the end of the day to get our loaf of bread.
Hi there, I think you’ll find it’s called a wheelbarrow – but apart from that, excellent stuff!!
That’s what debit cards are for: no more wheelbarrows. Paper is slowly being eliminated from the whole process. Food stamps have been replaced by debit cards for years. As of this year, child support is no longer a check in the mail. It’s… You guessed it… A debit card. As of October 1st the federal government no longer mails checks out for disability or ssi- everyone is being told they must have a bank account for direct deposit. Yes that’s right- they want your routing and account number.
Eventually they’ll get tired of people losing their debit card or forgetting the pin or cards getting stolen or worn out and they’ll just attach your bank info to your obamacare RFID chip. And there you go… Takeover of the human race is complete.
I would not be the least bit surprised if they increase QE. The people behind the fed don’t care if they get paid back- they already have more money than their great grandchildren could ever spend. They hate the debt ceiling. That was a futile attempt at self discipline by congress. That’s the key there: THEY DESPISE SELF DISCIPLINE IN THEIR SERVANTS! They want to do all the disciplining. They want us to be unable to care for ourselves so we will beg them to take care of us (in exchange for worship and obedience of course).
Welcome to the new world order.
Eyewitness 3 TV News Station” in Connecticut has confirmed two passengers
/alternative/2013/10/eyewitness-3-tv-news-station-in-connecticut-has-confirmed-two-passengers-2785412.html
more crack..