Gerald Celente – The Scam That Is Being Perpetrated Around The World…”“So this whole thing about meeting an inflation target to beat deflation, what is deflation? How about calling it depression?”
KingWorldNews.com
Oct. 23, 2015
Today the top trends forecaster in the world, Gerald Celente, discussed the scam that is being perpetrated around the world.
Gerald Celente: “When you look back, Eric, you see that inflation kept running very high throughout the years. So now they made up this big lie that you have to meet a 2 percent inflation rate (through the Maastricht Treaty). And there’s not a shred of evidence that 2 percent inflation will increase output or create employment…
Gerald Celente continues: “So this whole thing about meeting an inflation target to beat deflation, what is deflation? How about calling it depression? There is too much product on the market and not enough money for people to buy it. When you look at all of the quantitative easing and the low inflation rates, who has it helped?
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