Jim Sinclair’s Commentary
There could not a more important presentation to review again today as QE is initiated. I assure you, to infinity now in USA and Euroland.
I have taken a lot of heat on QE to infinity, but it was birthed today in the USA and a week ago in Euroland.
By Greg Hunter’s USAWatchdog.com
The Federal Reserve is talking about “unlimited QE,” or money printing, to boost employment. Economist John Williams says, “That’s absolutely nonsense. The Fed is just propping up the banks.” Williams says, “You’re likely going to see a dollar sell-off . . . That should evolve into hyperinflation.” Williams, “Doesn’t see the current system holding together without hyperinflation beyond 2014.” He contends the real annual deficit is “$5 trillion per year” and says, “That’s beyond containment.”
Williams predicts, “Hyperinflation is virtually assured because the Fed doesn’t have any options left.” Williams says people should get prepared because we are facing a “man-made disaster.” Join Greg Hunter as he goes One-on-One with John Williams of Shadowstats.com.