The World Is About To Fall Into A Terrifying Deflationary Crater

KingWorldNews.com
October 30, 2014

With gold, silver, oil, and other commodities getting hit, today Michael Pento warned King World News that the world is about to fall into a terrifying deflationary crater. Pento also discussed what he is doing with his firm’s money ahead of the coming chaos.

Pento: “Eric, there was a crucial central bank action taken yesterday. A surprisingly hawkish Fed decided at its October meeting to end QE and keep a mid-2015 outlook for the first rate hike. But here is the crucial part: The Fed statement included the language, ‘The likelihood of low inflation has diminished.’ So since the last policy statement, they are ignoring the deflationary signals that abound everywhere….

The Rest…HERE

This entry was posted on Thursday, October 30th, 2014 at 2:12 pm and is filed under Conspiracy, Corruption, Economics, God Help Us, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.