Expect Severe Inflation, Time Is Running Short To Take Action
October 17, 2012
Today 40 year veteran, Robert Fitzwilson, wrote the following piece exclusively for King World News. Fitzwilson, who is founder of The Portola Group, warned, “Anything left in the current monetary system that is not absolutely necessary will be severely diminished or destroyed.” He also cautioned, “Time is running short to take action.”
Below is Fitzwilson’s exclusive piece for KWN:
“Alfred E. Kahn was a great man. He chaired the Civil Aeronautics Board among many other public service activities. He is mostly remembered for his role as President Carter’s “Inflation Czar” from 1978 until 1980. He was appointed as the chair of the Council on Wage and Price Stability.
During that timeframe, Kahn worried that economic policies in place would lead to a Depression. His was rebuked for his comments, so he took to substituting the word “banana” for Depression. When the banana producers voiced their objection to the association, Kahn started using the word “kumquat” as an alternative to “Depression”.
He was dead on with his predictions, and did his best to get the truth out in front of the public….