Man U.S. Called Upon To Execute QE1 Warns Major Chaos To Erupt In 2015

Thursday, December 18, 2014
By Paul Martin
December 17, 2014

Today the man the United States called up on to execute QE1 warned King World News to expect even more chaos to erupt in 2015. He also discussed what this will mean for investors in major markets, including gold. Andrew Huszar, who built the Fed’s massive trading room, also spoke about what is currently exacerbating serious problems in Russia and elsewhere around the globe.

Eric King: “Andrew, what were your thoughts on what transpired with the Fed yesterday?”

Huszar: “I think what happened was a relatively insignificant change. I’m reminded of a saying in Hungary: Hungarians say that they are always saying they are going to leave the party but they never do. And I feel like the Fed is becoming pretty Hungarian these days in terns of the way it’s talking about the idea of ending easy money but it isn’t really showing any inclination to do so.”

Eric King: “What are your thoughts on what is happening in Russia? Obviously the are under economic attack, including their currency.”

Huszar: “There are some underlying issues in the Russian economy. But what we are also seeing are some of the unintended consequences of the end of QE in October….

The Rest…HERE

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