Art Cashin – Central Planning Maze & A Firestorm Of Inflation
KingWorldNews.com
January 15, 2014
Today KWN is pleased to share an important piece from 50-year veteran Art Cashin, who is Director of Floor Operations at UBS ($650 billion under management). Cashin discusses a dangerous central planning maze and a possible “firestorm of inflation.” He also discusses why this presents a problem for the Fed going forward.
By Art Cashin Director of Floor Operations at UBS
January 15 (King World News) – “On this day in 1919, the city of Boston experienced a disaster that would make national headlines the like of which had not been seen since the great earthquake and fire in San Francisco in 1906. But this time the source was not a natural disaster — instead it was an industrial accident.
It began as a quiet and relatively warm January day in this commercial North Boston neighborhood. Workers were lunching, women were shopping and the streets were filled with dray horse carts making deliveries. Then suddenly things changed.
At the Purity Distilling Company a loud and awful rumble was heard. One survivor said it sounded like two locomotives colliding at full speed.
The Rest…HERE
