This Fantasy Will End In Catastrophe For Markets & Economy

Saturday, June 21, 2014
By Paul Martin

KingWorldNews.com
June 21, 2014

With a non-stop flow of propaganda from Western mainstream media outlets, today Michael Pento sent King World News a fantastic piece which warns that the fantasy will end in catastrophe for markets and the global economy. Pento also warns that governments are going to look for more ways to confiscate investor wealth.

By Michael Pento of Pento Portfolio Strategies

June 21 (King World News) – This Fantasy Will End In Catastrophe For Markets & Economy

The Fed wants investors to be as unconcerned as the central bank is about inflation. Even though year-over-year consumer price inflation is above its target, the Fed chose in its latest press conference to claim that the 2.1 percent increase in prices paid represented merely “noisy” readings in the inflation gauge. However, the truth is that rising prices are a direct result of years’ worth of zero percent interest rates and $3.5 trillion in money printing provided courtesy of Banana Ben Bernanke and the Counterfeiting Queen, Janet Yellen….

The Rest…HERE

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